The Treasury Department expects to receive roughly $66 million from a recent auction of stakes it owns in seven banks from the Troubled Asset Relief Program.

Bertha Garza, who has used her role at IBC Bank in Brownsville, Texas, to help spread financial literacy, was given American Banker's Community Impact Award, presented for the first time at our annual gala celebrating the industry's most powerful women.

As if rising mortgage rates aren’t scary enough, some analysts are pointing to a lurking threat to housing: “vampire” properties.

Bank of the Ozarks posted a 16% rise in quarterly profit after completing an acquisition and reporting strong loan growth.

Webster Financial (WBS) in Waterbury, Conn., reported higher third-quarter profit as commercial loan growth made up for a steep decline in mortgage-banking revenue.

'Lady, you got a lot going on,' a customs agent recently told American Banker's Most Powerful Woman in Finance, upon learning she was an American banker working from JPMorgan Chase.

Accepting her award as the "most powerful woman in banking" at American Banker's annual awards dinner at the Waldorf Astoria on Thursday, KeyCorp's Beth Mooney anticipated a time when female leaders in the industry are so commonplace that gender is merely an afterthought.

Wells Fargo & Co., the largest U.S. home lender, said third-quarter profit climbed 13 percent to a record as fewer loan defaults and lower expenses helped overcome weakness in mortgage lending.

JPMorgan Chase & Co. reported its first quarterly loss under Chief Executive Officer Jamie Dimon after taking a $7.2 billion charge for legal expenses.

SunTrust Banks (STI) has agreed to pay $1.5 billion to resolve claims of shoddy mortgage lending, servicing and foreclosure practices.

WEST JORDAN, Utah – Mountain America CU this week opened a new branch in Pocatello, its fifth in Idaho and 77th in its five Western states field of membership.

MECHANICSBURG, Penn. – Members 1st FCU is opening three more branches in Lancaster County, in Elizabethtown this month, Ephrata next month and Millersville in April.

ST. JOSEPH, Mich. – Fast-growing United FCU, one of a handful of credit unions to buy a bank in the past year, has renovated its 6,000-square-foot mortgage processing facility into a training center for staff.

Raise your hand for assignments, find a strong team, call your mother. Advice to the next generation of women from the most powerful women in banking and finance.

WASHINGTON — The Federal Deposit Insurance Corp. told banks Thursday to be wary of liability insurance policies that could still force directors and officers to have to pay civil damages.

The $775 million-asset company said Thursday that it raised the funds through a rights offering to existing shareholders.

OmniAmerican Bancorp (OABC) in Fort Worth, Texas, is exiting the business line that accounts for its largest single group of loans.

Synovus Financial (SNV) in Columbus, Ga., has formed an equipment-finance division. The group will be based in Charleston, S.C., the $26 billion-asset Synovus said Thursday.

Regions Financial (RF) has put its economic-development push in the hands of Jeff Rabren, a former Alabama legislative aide.

Bank of Georgetown hired Jeffrey Satterly to launch a unit that lends to federal contractors. But the shutdown could wreak havoc.