Washington Mutual Inc. unveiled a new proposed settlement with shareholders who have held up confirmation of its Chapter 11 plan and a $7 billion payday for creditors.

Bucking an industry trend, Umpqua Holdings Corp. in Portland, Ore., is ramping up its commercial real estate lending to fill what it sees as a void in its markets.

FNB United Corp. in Asheboro, N.C., has met the requirements for continued listing on the Nasdaq after completing a one-for-100 reverse common stock split.

Hometown Bancorp in Kent, Ohio, has changed the name of its banking unit to Hometown Bank from Home Savings Bank.

The Federal Reserve on Tuesday announced written agreements with two banking companies.

Bond insurer MBIA Inc. will pay Morgan Stanley $1.1 billion to settle a two-year-old legal clash over guarantees tied to commercial and residential real estate, according to a person familiar with the matter.

Mobile and online payments startup Zipmark has secured $2 million in funding from a group of venture capital firms and others, the company said on Tuesday.

IOWA CITY, Iowa – The University of Iowa Community CU announced this morning it is the latest victim of market economics, forcing it to close its branches on the University’s campus and the University of Iowa Hospitals and Clinics as the credit union declined to participate in competitive bidding for renewal of the five-year leases.

Company believed to be rebooting its mortgage search service and creating a new method for ranking "quality" lenders.

Though the mobile payments space is still nascent, the early successes seem to be those developed by technology companies and mobile-phone carriers — not banks. A new product from Sequent might level the playing field.

Analysts weigh in on the prospects for FDIC-assisted bank deals in 2012.

On the verge of retirement, CEO Gary Base strikes his first-ever deal - and finds his replacement.

Three former executives of Washington Mutual Inc. have agreed to settle a civil lawsuit stemming from the biggest-ever bank failure for less than 10% of the $900 million that was sought by federal regulators, according to people familiar with the situation.

Bank representatives and government officials are pushing to put the finishing touches on a broad settlement of most state and federal investigations of alleged foreclosure improprieties that could force five large banks to make concessions worth roughly $19 billion.

The outpouring of consumer anger that found an outlet in Bank Transfer Day could actually improve some banks' relationships with their customers.

SPOKANE, Wash. -- Spokane Teachers CU said its new branch will feature an electric car charging station.

LEBANON, Ore. – Linn-Co. FCU is renovating three branches in the heart of lumber country with the goal of reflecting the local industry as well as the community’s status as the “grass-seed king of the world.”

IMGCAP(1)]

IMGCAP(1)]

Bank of America Corp. said Monday that it will hire more than 160 wealth management advisers in Southern California and Arizona by the end of the first quarter of 2012.