Banking

Better ATM Services plans to distribute its ATM-issued prepaid Visa cards through Advanced Network Inc.'s customers.

When I am ready to commit to paying many thousands of dollars financing a home, a car or my kid’s education, I will offer my business first to those institutions that helped me – a 'high-transaction, low-balance customer' – get there.

TriSummit Bank in Kingsport, Tenn., has agreed to buy Community National Bank of the Lakeway Area (CNLA) in Morristown, Tenn.

The Massachusetts community bank joins the small but growing list of banks letting consumers schedule appointments online.

The Providence, R.I., bank is introducing the loans at a time when regulators have been lamenting the lack of options for college graduates who are locked into high interest rates.

Wells Fargo & Co., the largest U.S. home lender, posted record fourth-quarter and full-year profit as expense cuts bolstered results.

A Worcester, Mass. resident has notified the Better Business Bureau of Central New England about an unsolicited phone call involving a caller claiming to be from the FBI.

JPMorgan Chase & Co. said profit fell 7.3% in the fourth quarter after $2.6 billion in settlements linked to Bernard Madoff's Ponzi scheme as legal costs ended a three-year streak of record annual earnings.

A group of 17 Democrats from the House Financial Services Committee Monday called for a full committee hearing to address problems stemming from and related to the recent Target data breach that could have affected up to 110 million consumers.

The Lafayette, La., bank ended its M&A break Monday by announcing an agreement to buy a nearby rival, Teche Holding. It says more deals are likely, adding to the rise of buyers based in the South.

Waterstone Financial (WSBF) in Wauwatosa, Wis., raised roughly $250 million from the subscription and community offering tied to its second-step conversion.

Sens. Joe Manchin, D-W.Va., and Roger Wicker, R-Miss., introduced legislation Monday to address concerns about how collateralized debt obligations backed by trust-preferred securities are treated under the Volcker Rule.

Banks could save money -- and avoid having to sell to, or buy other, banks -- by sharing the costs of compliance checks, account databases and even branch space, a new report from the accounting firm EY suggests.

A 30-hour six-alarm fire ravaged a two-story Citibank branch in the Morningside Heights section of Manhattan over the weekend.

The large U.S. banks are being shortsighted when they protest that upgrading the payments system, as the Federal Reserve wants them to do, will require short-term as well as long-term payoffs, argues consultant Dave Birch. Banks in other countries have benefitted greatly from modernization projects, he says, pointing to the examples of M-Pesa in Kenya and Faster Payments in the U.K.

A former Washington Mutual executive pleaded guilty in federal court in Bridgeport, Conn., Monday to accepting an illegal kickback.

FNBH Bancorp (FNHM) in Howell, Mich., has raised $16.4 million through a private placement.

Three Missouri businessmen accused of defrauding Excel Bank, which later failed, were arraigned in federal court in St. Louis on Friday.

New York Community Bancorp CEO Joseph Ficalora continues to look for a transformative acquisition to cross $50 billion in assets -- even if it invites extra regulatory scrutiny.

A U.S. district court has halted and frozen the assets of an Orlando, Fla.-based operation that used pre-recorded telephone calls, also known as robocalls, to pitch purportedly free medical alert devices to senior citizens by falsely stating the devices had been purchased for them by a relative or friend.