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RECENT STORIES

2011 was best in 5 years for banking sector

The nation’s banks and credit unions had their best year since 2006, as a slowly recovering economy led to modest loan growth and lower levels of nonperforming loans. More

Small business loans at 10-year low

New federal data show that the number of small bank loans to business has fallen to the lowest point in more than a decade, cutting the flow of money to a sector that's usually a job-creation powerhouse. More

Banking's future: The big will get bigger

As banks emerge from the three-year financial crisis, new competitive pressures and more regulations will force many smaller banks out of business, resulting in even more power for the largest institutions. More

Bank lending continues three-year decline

A three-year decline in lending continued into the first quarter of 2011, according to reports from the FDIC. Loans for real estate development and construction are down by more than half since March of 2008. More

A graphic look at the state of American banking

Over the past three years, the banking industry has continued to reel from the mortgage meltdown and the recession. Today, there are 11 percent fewer banks than at the end of 2007; more than 300 banks have failed since Jan. 1, 2009. Problem loans and foreclosures continue to plague the industry, with troubled assets nearly tripling since the end of 2007. In a sign of slow improvement, troubled assets fell in the fourth quarter of last year, but the number of banks on the FDIC's troubled list continues to grow and is at two-decade high. More

Banks emerging from three-year financial crisis

The past three years have been harsh to banks around the country. Indications are the worst is over, but the industry still is feeling many lingering effects. More

Mortgage-backed securities losses costing nation's credit unions

Credit unions may be but a small entity in the nation's financial world, but they are now cleaning up a multibillion dollar mess created by a handful of "corporate" credit unions that invested in mortgage-backed securities.  More