Deborah Wright has likely never been as happy to be a New Yorker as she is this week. Carver Bancorp, a struggling thrift company where Wright is the CEO, managed to bring in $55M in capital in a deal led by many of the city's heavyweights.

Merger-and-acquisition activity may be slow in most regions of the country, but it is picking up steam in California.

Dalhart Federal Savings & Loan Association will convert to a state-charted bank in Texas in response to the Office of Thrift Supervision's merger into the Office of the Comptroller of the Currency.

Several of the nation's largest financial services firms have teamed to recapitalize the ailing Carver Bancorp, which has been under an enforcement order since March to boost its capital ratios.

Loan Value Group LLC's Responsible Homeowner Reward program is gaining some fans on the Internet.

Wells Fargo & Co. and Bank of America Corp. have agreed to hand off some of the foreclosed properties they own in Cuyahoga County, Ohio.

After several setbacks and delays, the Uniform Collateral Data Portal is up and running.

A new study from the University of Virginia Darden School of Business and its Tayloe Murphy Center shows that by better serving underbanked consumers, banks and credit unions can effectively raise property values.

WICHITA, Kan. – Credit Union of America has agreed to buy the 24,000 square-foot west side office building from the Kansas CU League.

As regulators continue to develop rules on a Dodd-Frank requirement to force most derivatives to be centrally traded, lawmakers heard from a slew of firms on Wednesday that are jockeying for position in the marketplace.

Renasant said the deal will increase its wealth management and trust assets under management and advisement to about $1.5 billion.

West Bancorp. In West Des Moines, Iowa, said late Wednesday that it exited the Troubled Asset Relief Program. The $1.3 billion-asset company said it was able to redeem $36 million in preferred stock without having to borrow any money or issue stock.

Macatawa Bank Corp. in Holland, Mich., has closed on a $10.25 million of common equity in public offering and now should have enough capital to satisfy its regulatory order.

BankAtlantic Bancorp Inc. continues to assert that it will be a survivor even after its latest effort to raise capital fell short of expectations.

The Federal Trade Commission on Wednesday told Congress that consumers must be confident that their privacy will be protected if they are to be willing to take advantage of all the benefits offered by the Internet marketplace.

Private-equity groups and other have investors have committed roughly $515 million to recapitalize the ailing First BanCorp in San Juan, P.R., setting the stage for the $15 billion-asset company to convert its preferred stock owned by the Treasury Department into common stock.

CenterState Banks Inc. in Davenport, Fla., has sold off a chunk of nonperforming loans in a deal that it says would free up capital that it could use for future expansion.

First PacTrust Bancorp in Chula Vista, Calif., said late Tuesday that it expects to raise about $31.5 million from selling common stock.

The struggling Anchor BanCorp Wisconsin reported a loss of $21.7 million for the quarter that ended March 31, narrowing losses by 27% from a year earlier.