Despite having negative equity, Albina Community Bancorp in Portland, Ore., managed to turn a profit for a second quarter in a row.

Last month, Hancock closed its all-stock takeover of Whitney in a deal valued at $1.3 billion.

SunTrust Banks Inc.'s second-quarter earnings soared as the amount the regional bank set aside to cover potential souring loans continued to abate and revenue edged up.

ROCKVILLE, Md. – National Institutes Of Health FCU, which serves the biomedical industry, opened a new branch in nearby Washington, D.C., during last month’s 2011 BIO International Convention.

MADISON, Wis. – University of Wisconsin CU purchased a building housing a Borders bookstore, which is being liquidated starting today, where it plans to build a new branch.

WASHINGTON — House Republicans celebrated the Consumer Financial Protection Bureau's first day by advancing a bill that would dilute the bureau's authority.

Recent articles assert that banks will benefit if a director is confirmed for the Consumer Financial Protection Bureau. That's wrong.

New report from the Federal Reserve estimates the cost to consumers last year for using government prepaid cards.

TCF Financial Corp. in Wayzata, Minn., reported earnings of $29.8 million in the second quarter, down 33% from a year earlier, as the company grapples with ways to replace fee income.

SVB Financial Group said Thursday that its second quarter earnings more than tripled what it made a year earlier, to $65.8 million.

ZestCash says it's the Google of alternative lending. Its rival BillFloat says it's Facebook.

At the eleventh hour, only days before the Consumer Financial Protection Bureau opens, President Barack Obama officially nominated Richard Cordray to serve as director of the CFPB. But the appointment still requires Senate confirmation, and that will take time.

Hingham Institution for Savings in Massachusetts said Thursday that its second-quarter net income rose 22.6% to $3 million, from a year earlier, on growth of both deposits and loans.

Simmons First National Corp. in Pine Bluff, Ark., said Thursday that core earnings in the second quarter declined 4.6% from the same period last year, to $6.2 million.

The Federal Reserve on Thursday announced that it had entered into a written agreement with a banking company while also disclosing the termination of a prior order.

Analysts question effectiveness of the card, but note it could be just a first step into more credit offerings.

eBay's boss doused some cold water on NFC mobile payments, saying large merchants will resist.

On the one-year anniversary of the Dodd-Frank Act, Democratic lawmakers and key financial regulators called on Congress to resist Republican efforts to cut funding to implement and enforce the law's sweeping new regulations.

VIST Financial Corp. in Wyomissing, Pa., notified investors Thursday that it is planning to raise up to $30 million in a stock offering.

The insurer wants to sell its depository but keep writing mortgages. Essentially, it’s making a bet on regulatory arbitrage — the idea that certain categories of institutions can dodge scrutiny being placed on their competitors.