Glen Burnie Bancorp in Maryland has appointed a successor to its outgoing president and chief executive.

The burgeoning industry has been hoping the Supreme Court would overturn a problematic lower-court ruling, but the unexpected passing of a conservative stalwart makes that outcome less likely.

The $325 million-asset State Bank said in a press release Tuesday that it will pay $29.6 million in cash and stock for the $206 million-asset Country Bank.

Home equity portfolios have shrunk at banks, but credit unions and nonbank lenders like loanDepot helped fuel the surge in home equity lines last year.

Citizens Community Bancorp in Eau Claire, Wis., has agreed to buy Old Murry Bancorp in Rice Lake, Wis.

Gary McAlum, USAA's top security executive, discusses what he sees as a false choice between security and convenience, his company's progress in getting users to adopt biometric authentication, and the need for a holistic approach to security.

There is concern that a decline in condo pricing could create loan problems similar to those that cropped up before the financial crisis. Bankers in the area, however, believe foreign investors would take the biggest hit.

The FTC and the State of Florida have obtained settlements with a group of defendants who participated in a tech support scheme that allegedly defrauded thousands of consumers out of millions of dollars.

Legal collections took a backseat to other financial processes in the wake of the recession. But with the job market showing strength and the related assumption that defaulting borrowers are regaining the capacity to pay back debt, it’s expected collection revenue via litigation will grow in 2016.

Digital is a big reason why the biggest banks have moved ahead of regional banks in satisfaction surveys, but there are several others, a J.D. Power & Associates executive says.

Bank of America awarded Chief Executive Officer Brian Moynihan $16 million for his work last year, raising his compensation 23%.

American International Group is expanding bets on property lending and safe fixed-income securities after hedge-fund investments soured.

Low borrowing costs and rising home values are just two of several reasons owning a home is far less burdensome than it was a decade ago.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

The IRS won't meet the March 1 deadline to sign contracts with private debt collection agencies to collect unpaid tax debt.

SunTrust is turning to fintech to help it provide better payments solutions to its business customers. The approach is novel because so much of fintech innovation centers on overhauling retail banking.

For the second year of their Financial Solutions Lab competition, the Center for Financial Services Innovation and JPMorgan Chase are looking for companies that would help people prepare for and weather financial shocks.

A rough economy, regulation and evolving technology will keep forcing small banks to merge, said Richard Hunt, head of the Consumer Bankers Association. Hunt's position puts him at odds with bank advocates, including Camden Fine at the Independent Community Bankers of America, who believe small banks should ignore the drumbeat calling for more consolidation.