The Federal Deposit Insurance Corp. is using outdated methodologies to define "brokered deposits," stigmatizing stable sources of funding and forcing banks to pay higher premiums, according to bankers and several outside groups.

The rule, set for 2018 implementation, would force companies to record gains and losses from equity investments on their income statements. That should create volatility for 50 to 70 institutions, mostly mutuals, that have such investments.

A fintech startup is hoping that a pop-up branch approach will inspire consumers to replace check-cashing services and checking accounts with a mobile app that connects to a prepaid account.

A municipal tax collection agency in Ohio has confirmed it lost personal data for an estimated 50,000 people who filed tax forms with the agency.

Eagle Bancorp in Bethesda, Md., has hired four bankers to a develop a business line making Federal Housing Administration-insured loans for multifamily rental properties.

Opus Bank in Irvine, Calif., will cut about 10% of its workforce and cancel contracts for redundant systems and services.

David Bowie was a legend in the music industry, but his name was also a presence in financial services, where his identity was synonymous with innovation.

Associated Banc-Corp in Green Bay, Wis., will increase its fourth-quarter allowance for loan losses by $13 million to compensate for potential late payments or defaults on loans in its energy portfolio.

Implementing discrete changes to a core system to compete with disruptors is merely dressing up an arsenal that really should be replaced or overhauled.

Overall consumer borrowing grew from October to November but decelerated to the slowest pace since January as Americans took out fewer loans for big-ticket items such as cars and education.

As far as digital currency has come, the passing of bitcoin for purchases is still a relatively primitive transaction.

M&A momentum is building, even among larger banks that have been sidelined for years.

Merchants Bancshares in South Burlington, Vt., has named an interim principal financial officer after its chief financial officer resigned.

Live Oak Bancshares in Wilmington, N.C., one of the largest 7(a) program lenders in the U.S. last year, has promoted Greg Thompson to chief operating officer.

Associated Banc-Corp in Green Bay, Wis., will increase its fourth-quarter allowance for loan losses by $13 million to compensate for potential late payments or defaults on loans in its energy portfolio.

Patriot National Bancorp in Stamford, Conn., said that its chief financial officer resigned this week and that it has hired a former Connecticut community bank executive to replace her.

A compilation of our favorite stories of 2015, as selected by the people who assigned and edited them.

The Financial Accounting Standards Board is giving a handful of community banks a chance to explain why a plan to change the accounting for loan losses will result in major hardship. The proposal would force banks to record a loan-loss provision once a loan is originated, rather than when a loss becomes probable.

A three-year legal battle between FIS and Fiserv that was recently resolved highlights the importance of intellectual property rights in a banking industry that is increasingly growing reliant on technology.

The FTC and the State of Florida on Friday charged a payment processing business with credit card laundering and illegally assisting and facilitating a nationwide debt relief telemarketing scheme that allegedly bilked millions of dollars from consumers.