Fannie Mae and Freddie Mac are taking steps to help borrowers facing foreclosure remain in their homes for the holidays.

UnionBanCal in in San Francisco has completed its $1.5 billion purchase of Pacific Capital Bancorp (PCBC) in Santa Barbara, Calif. The deal, which the companies announced in March and closed Saturday, merged the $5.9 billion Santa Barbara Bank & Trust into the $88.2 billion Union Bank, which is wholly owned by Bank of Tokyo Mitsubishi UFJ Financial Group Inc.

Nicolet National Bank in Green Bay, Wis., is buying Mid-Wisconsin Bank of Medford in a deal that would combine one of the state's oldest banks with one of its newest.

ROCKY HILL, Conn. – In an age when credit unions are touting mobile banking, Nutmeg State FCU is bringing the branch to its members in a different way.

Equifax (EFX) has agreed to buy the credit services business of Computer Sciences (CSC) for $1 billion in cash.

The money in TAG accounts is the hottest of the hot. If interest rates rise, these funds will disappear, hurting liquidity and capital for the banks that use the program.

One in three consumers say they would consider a mortgage from Walmart while 48% would consider a mortgage from PayPal, according to a study released Monday by Carlisle & Gallagher.

A bankers' association could set up a panel charged with the responsibility of reviewing every claim made against a member and determining whether it had merit.

JACKSONVILLE, Fla. – Jax FCU plans to open a new branch in the town of Mandarin after the first of the year.

Bank of America, the nation’s second-biggest bank by assets, has decided to postpone until late next year plans to boost charges on checking accounts that could have hit 10 million customers this month, The Wall Street Journal reported Saturday.

Open Solutions' Louis Hernandez makes the case for tech collaboration as a means to reach younger age groups.

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The $755 million-asset New Mexico Banquest announced Friday it would be acquired by Strategic Growth Bancorp, an El Paso company founded by father-and-son team Bill and Pablo Sanders.

Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.

Ameris Bancorp (ABCB) in Moultrie, Ga., will redeem preferred shares it had issued to the Treasury Department as part of the Trouble Asset Relief Program.

Citigroup has fallen on hard times in recent years, but it has still managed to train the chief executives of the country's biggest banks and card networks.

The expansion by small credit card issuers comes as some of the biggest lenders continue to reengineer their businesses after being sideswiped during the recession, and amid weakness in consumer demand.

The mood at a consumer finance conference Friday was one of anxiety about the pace of the housing recovery, the onslaught of new rules and the federal government's long-term role in housing finance.

Consumer advocates say recent data shows that banks must do more in disadvantaged areas in cities such as New York. A closer look, however, shows improvement in certain CRA-related areas.

Why does an industry so often criticized for charging high fees to low-income consumers think it can win over critics by adding members of the 1% to the payroll?