Banking

Republican members of Congress are pressing the regulator for details on the high attorney's fees it has incurred in its quest to recover losses from the corporate credit union collapse.

The auto-lending vendor’s growth comes as car loans continue to be a major growth area for credit unions, according to recent data.

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

The Department of Financial Services and Attorney General Eric Schneiderman are both inquiring.

The Federal Reserve Board has to have a community banker among its members. But that may be complicating the president's ability to fill vacant seats at the central bank.

The Consumer Financial Protection Bureau ordered JPMorgan Chase to pay a $4.6 million fine for failing to provide accurate information when denying checking account applicants.

With the environment in Washington favoring deregulation, banks are pushing regulators to let them back into the payday lending game. They should know better.

Six states and D.C. still charge in-network fees when unemployed workers cash in assistance delivered through prepaid cards.

Customers can ask Amazon’s virtual assistant about account balances, spending habits and financial questions that they may be too embarrassed to ask a human.

JPMorgan Chase is among four banks sued by a trustee for investors in the debt of Millennium Health LLC, alleging the lenders failed to inform them of a federal probe into the billing practices of the borrower.

The Texas company agreed to buy Liberty Bancshares on the same day it completed its purchase of the $1 billion-asset Sovereign Bancshares.

The ranks of mutually owned banks are in decline. Survivors say sharper marketing, better access to capital and lower barriers to entry could stop the bleeding.

Accolades, awards, assistance and more ways credit unions are giving back to the communities they serve.

CO-OP Financial Services' shared branching network now boats more than 5,600 locations, making it the second-largest branch network in the country.

The company will pay $51 million for Bank of Napa, adding two branches and nearly $250 million in assets.

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The regulatory agency is expected to start asking for public feedback on changing the rule on proprietary trading by banks; bitcoin offshoot is worth about a tenth of the original.

FHFA Director Mel Watt said Fannie Mae and Freddie Mac cannot use alternative credit models until other issues are resolved first.

Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.