The credit card company has released an app to help families rein in prom spending, which is expected to rise 41% this year compared with 2011.

Two federal regulators — the FDIC and the OCC — issued guidance on deposit-advance products that establish strict underwriting standards for payday loans offered by banks and any related third-party vendor.

Mortgage servicers have halted the foreclosure process for hundreds of thousands of empty homes across the country. That has left many properties deteriorating and the original owners liable for taxes and upkeep.

Park Sterling in Charlotte, N.C., said it is on the hunt for bank acquisitions as it reported a record quarterly profit.

Improved asset quality and lower expenses lifted Columbia Banking System (COLB) in the first quarter.

During a lengthy interview, Jim Rohr, until recently the chief executive of PNC Financial Group, talked about cybersecurity, "too big to fail" and his bank's culture.

The Consumer Financial Protection Bureau has issued a bundle of rules designed to protect consumers involved in everything from auto loans and money transfers to mortgages. Some of those protections will result in higher costs for the very people they're designed to protect. Behind the trend: financial institutions that are passing along the cost of complying with new regulatory burdens or are pulling out of certain markets altogether.

BBCN Bancorp in Los Angeles has hired a former chief executive of Hanmi Financial and Wilshire Bancorp to lead its bank.

Yadkin Valley Financial in Elkin, N.C., tapped fee income to return to profitability.

Higher revenue and lower expenses lifted United Bankshares (UBSI) inn Charleston, W.Va., in the first quarter.

Capital One agreed to pay $3.5 million to resolve U.S. regulatory claims the bank set aside inadequate reserves for auto loan losses in 2007.

COLONIE, N.Y. – CAP COM FCU on Tuesday night received final approval to build a new three-story, 118,400-square-foot office here.

Sens. David Vitter and Sherrod Brown are courting a key constituency — small banks — that they hope can help build support for their legislation to tackle "too big to fail."

Oriental Financial Group (OFG) in San Juan, Puerto Rico, is being rebranded as OFG Bancorp.

Promontory Financial Group has hired Linda Gallagher, the head of KPMG's financial services regulatory department, as head of its consumer protection practice.

Wells Fargo is the latest big bank to try to get more revenue from its wealthiest clients by offering them fee-intensive investment-management products. But Wells and its wealth-management competitors, including JPMorgan Chase and PNC, also have to overcome their reputations and customers' reluctance to trust big banks.

The central bank is facing criticism from consumer advocates over its failure to sign onto a plan by other banking agencies that would put tight restrictions on the loans.

Shareholders resoundingly approved Citigroup's executive compensation package and other proposals at the bank's annual meeting on Wednesday, but CEO Michael Corbat sees more challenges ahead.

High-profile investor Jay Sidhu says he still plans to vote against the sale of Atlantic Coast in Jacksonville even though Bond Street has agreed to pay shareholders $5 a share up front, instead of withholding $2 a share for a year to cover litigation costs.

Monarch Financial Holdings (MNRK) in Chesapeake, Va., has made five executive promotions, including the appointment of a new chief credit officer