Lewis Jones, Kenneth Knuckles and Colvin Grannum will join Carver's board on Tuesday, the $634 million-asset company said in a press release Friday.

Cynthia Merkle has joined the $2.5 billion-asset mutual as executive vice president and COO, it announced Friday.

Mooney is joining AT&T’s (NYSE:T) board of directors, the telecommunications company announced Friday. She will sit on the corporate development and finance committee.

The $840 million-asset company will take a third-quarter charge of about $10 million on the sale of the loans, which have a book value of $33 million, it said.

FHA Commissioner Carol Galante says mandatory accounting rules forced the agency to ask for additional funds and don't reflect significant improvements in its mortgage portfolio this year.

The third quarter was marked by fewer but bigger deals. Higher prices could keep volume in check as sellers hold out for more. The fiscal showdown in Washington and related market swings could also complicate the balance of the year.

JPMorgan Chase & Co. and Citigroup Inc. were among the banks that lost a bid to throw out a Federal Deposit Insurance Corp. lawsuit over $388 million in securities sold to a failed lender.

Higher interest rates have cut into bank profits in recent months, but that was only the start of the problem for big banks. The volatility is also hurting the value of their available-for-sale debt securities, which could cost them once Basel III takes effect Jan. 1.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The federal government has broken up a fraud ring in which a key figure was a Wells Fargo (WFC) employee who opened accounts for her accomplices.

Anchor BanCorp Wisconsin in Madison has completed a $175 million recapitalization. With funding from private and institutional investors, the company has capital levels above the threshold regulators consider for being well-capitalized.

Lenders should be on the lookout for an increase in mortgage applicants who lie about their incomes, according a new quarterly report from CoreLogic.

While lawsuits citing violations of the Fair Debt Collection Practices Act (FDCPA) fell in August on both a monthly and yearly comparison, Telephone Consumer Protection Act (TCPA) lawsuits are rising fast, according to data from U.S. district courts.

Several institutions in one of the nation's hardest-hit banking markets have shed enforcement actions, or have hired new leaders, as they attempt to stage comebacks.

U.S. Bancorp (USB) in Minneapolis has hired Bank of America (BAC) executive Michael Righi for two important West Coast jobs.

A Treasury Department program that supplies credit to small businesses spurred $1.9 billion in loans and created or saved 53,000 jobs in its first 18 months of operation, the department says.

The Federal Housing Administration is asking for a $1.7 billion draw from the U.S. Treasury for the end of the fiscal year, up from an earlier estimate in President Obama's April budget.

Expand by acquisition or through organic market penetration. The most successful banks will include both strategies in their future plans.

Democratic lawmakers including Senator Elizabeth Warren today demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their products.

Because third-party processors are on the hook for losses from fraudulent transactions, they have as much interest in eliminating bad actors as anyone.