The Federal Deposit Insurance Corp. plays a far more active role in the last days of banks than it cares to let on, explains Washington correspondent Joe Adler.

Banking and payments executives try desperately to figure out where their debit card strategies all went wrong – and what, if anything, they can do next – at an industry conference.

We've already seen Occupy Foreclosures. How about Occupy The Wall Street Journal, Occupy Fox News or Occupy PBS?

ORLANDO, Fla. – CFE FCU held a grand opening for its second student-operated branch in an Orange County high school and fourth high school branch.

A Utah bank linked to an alleged Internet payment scam and an online gambling case was seized by the state late Friday, on a night when regulators also closed a bank in Nebraska.

Promontory Interfinancial Network LLC will integrate its Insured Cash Sweep and Certificate of Deposit Account Registry Service with Fiserv Inc.'s Premier bank platform.

Lower borrowing costs under the government’s refinancing program for underwater homeowners mean lower interest payments for investors, and banks are the biggest holders of agency mortgage bonds.

A New York firm that represents banks in foreclosures is coming under the spotlight on Capitol Hill after the publication of offensive photos from its Halloween party.

A homeowner defense association has accused New York's largest foreclosure law firm of inappropriate behavior and asked the state's top judge to stop any foreclosure cases the firm handles.

NetSpend Inc. has landed a deal to issue payroll cards to corporate customers of a large, unidentified Northeastern bank as the prepaid card company recovers from setbacks this year.

ICB Financial in California paid the FDIC $500,000 for a waiver against any cross-guarantee liability from the failure of Progress Bank of Florida.

American Express Co. has hired Linda Zukauckas to be an executive vice president and corporate comptroller. Zukauckas joins American Express from Ally Financial, where she was the managing director of corporate strategy.

Citigroup has named Manuel Medina-Mora head of global consumer and commercial banking, and also moved around several other top executives.

Banks with thousands and tens of thousands of employees shudder when dozens or hundreds of demonstrators display their resentment of "Wall Street" and when surveys show that lots consumers dislike or blame banks. Then articles blossom, telling us how to convince employees that they should not be ashamed of being bankers.

Customers who use debit cards are still a more profitable group overall, even with the Durbin rule capping interchange rates. The challenge is finding a workable pricing formula.

Community banks and credit unions plan to keep pushing promotions in coming weeks as a way of maintaining momentum after Bank Transfer Day.

Kentucky First Federal Bancorp in Hazard, Ky., has is acquiring CKF Bancorp Inc. in Danville, Ky., in a deal that would expand its branch network into two new markets in its home state.

PayPal Inc., a pioneer in alternative online payments, is now seeking to stake a new claim in the burgeoning and increasingly congested mobile payments space — and what sets it apart may be a three-year-old acquisition.

MF Global Holdings Ltd. Friday said Chief Executive Jon Corzine had resigned all posts with the firm and confirmed he will not seek severance payments, according to a statement from the company.

JACKSON, Miss. – Hope CU has opened a full-service branch in nearby Utica, two months after BancorpSouth, the town’s only bank, closed its branch there.