President Obama announced an initiative Tuesday with several large banks and mortgage servicers designed to make it easier for members of the military and their families to lower their mortgage payments.

A year ago, bank executives were taking a hard look at credit cards — if they didn't offer one, they were seriously considering it; and if they already offered a card, they wanted to boost its profile. The moves have paid off with huge growth rates.

Capital Bancorp in Rockville, Md., has raised $5 million in senior debt financing. The $547 million-asset company obtained the financing only through local investors and without institutional investors, it said in a Tuesday press release.

Online electronics retailer Newegg is now accepting bitcoin payments from Canadian customers.

Many active-duty service members are unaware that they are eligible to postpone mortgage payments under the Servicemembers Civil Relief Act. A group of major financial services companies have pledged to improve communication about this option, according to the Financial Services Roundtable's Tim Pawlenty and John Dalton.

Customers Bancorp in Wyomissing, Pa., disclosed that regulators may not take action against it for alleged non-compliance with certain laws.

Equifax Inc. economists take an in-depth look at the highly publicized notion that subprime auto lending is creating the next bubble.

Pride, greed, sloth and envy are just a few of the potential stumbling blocks in the management of banks' bond portfolios, writes David G. Barnes.

Many banks are aggressively closing branches to cut costs. Those banks must be mindful about branches in moderate- and low-income neighborhoods or risk downgrades after their next Community Reinvestment Act examination.

Columbia Commercial Bancorp in Hillsboro, Ore., has changed its name to Premier Commercial Bancorp.

A new report from TransUnion indicates consumers are doing a better job of making timely payments even as lenders extend credit more often to people with troubled credit histories.

Fannie Mae, Freddie Mac and Ginnie Mae all overlooked warning signs about Taylor, Bean & Whitaker that make them partly to blame for the mortgage lender's multibillion fraud scheme, according to a government watchdog report.

Jimmy Tallent is leading an impressive comeback at United Community Banks in Georgia. But what's even more impressive is that he got the chance.

The herky-jerky revival in residential real estate is causing headaches and strategic concerns for banks everywhere.

Quotes from Anton Schutz , Nancy Bush, James Gordon, Jaspal Bindra and more.

Rilla Delorier's successor as SunTrust's chief marketing officer is not from banking, but rather is a veteran of tech firms like NCR. Meet Susan Somersille Johnson.

How First National Bank of Green Forest in Arkansas became Anstaff Bank, in a rebranding with a family twist.

The search is on to replace Rich Weaver as commissioner of the Missouri Division of Finance.

Regional banks have been adding some serious firepower to their boards lately.

Keith Mestrich adds a CEO title, as Amalgamated Bank in New York finally announces a successor to Ed Grebow.