HARRISBURG, Penn. – Pennsylvania State Employees CU has teamed up with several energy companies to develop an onsite power generation system that will provide back-up energy for the credit union’s new 239,000-square-foot headquarters.

The Pennsylvania Department of Banking and Securities closed the $483 million-asset NOVA Bank in Berwyn on Friday, but the FDIC was unable to find a buyer for the failed bank's operations.

Cattail Bancshares in Atwater, Minn., has finally landed a deal after several years on the prowl. The $120 million-asset company has agreed to buy the $61 million-asset Citizens State Bank of Waverly.

Customers Bancorp's third-quarter earnings increased by 184% from a year earlier after the Wyomissing, Pa., company grew its balance sheet.

A combination of chargeoffs and a challenging economic environment weighed on UnionBanCal in San Francisco in the third quarter.

IMGCAP(1)]

Declining yields on fixed-rate mortgages are leading bankers to sell more of those loans on the secondary market. To them, yields on 15- and 30-year mortgages are insufficient to cover the risk of an inevitable rise in interest rates.

With limited resources to invest in new technologies, banks need to place small bets on a portfolio of promising options, team up with innovation partners and exceed customer expectations.

TCF, the Wayzata, Minn., bank recorded a $20 million charge in response to new regulatory requirements for loans to homeowners who have been through bankruptcy. The directive has hurt profits at a slew of banks.

Until regulators are made more independent of the bankers they supervise, all the lawsuits and campaign promises in the world won't fix the financial system, says Neil Barofsky, former special inspector general of Tarp.

Retiring Visa chief executive Joseph Saunders revealed a secret ambition to become a journalist. We hope he's prepared for the pay cut.

Oriental Financial Group (OFG) has priced its public offering that will it raise capital to buy the Puerto Rican operations of Banco Bilbao Vizcaya Argentaria.

1st Capital Bank in Monterey, Calif. has recruited a Central Coast banking veteran to its executive team.

KeyCorp said its vice chair and chief administrative officer will retire next year after more than a decade with the Cleveland company.

Ally Bank has started to explore strategic alternatives for its business lending operations and its servicing rights on agency mortgages.

It is one thing to see an irrelevant ad on a billboard in Las Vegas, but it's quite another to get an irrelevant message from an institution who knows more about me than many of my relatives.

Investors Bancorp (ISBC) in Short Hills, N.J., reported higher third-quarter earnings because of loan growth and better credit.

This year-old customer experience team at RBS Citizens Financial Group is on a mission to identify pain points and eliminate them quickly. Some experts say its approach to this common industry challenge is particularly instructive.

The Dodd-Frank QM rule will restrict the availability of credit, but it can be less invasive if the CFPB develops a model that weighs all relevant risk factors, not just a few measures of capacity to repay.

CANTON, Ohio – Diebold Inc. said yesterday it is suspending plans to build a $100 million headquarters in nearby Green, Ohio, and is forfeiting tens of millions in tax breaks that would have covered the entire cost of the 500,000-square-foot building and corporate campus.