By the end of this month the Office of Thrift Supervision wants Carver, a minority-owned bank that serves underbanked communities in New York City, to increase capital ratios by at least $20 million. Analysts, however, believe Carver may need as much as $35 million to properly repair itself.

First Niagara Financial Group has cleared the final hurdle in its bid to buy NewAlliance BancShares Inc. in New Haven, Conn.

ANDERSON, Ind. – Independent FCU, which reported big losses each of the past two years, announced yesterday it is closing two branches and cutting 12 part-time employees next week.

ALBANY, N.Y. – SEFCU said it will open a branch in the Rensselaer Union on the Rensselaer Polytechnic Institute campus in Troy, replacing an HSBC branch being closed in June.

GLENDALE, Calif. – California CU has agreed to buy back its headquarters – which it sold just five years ago to a now-troubled real estate investment company – for a cool $11 million profit.

Navy Federal Credit Union's move to eliminate balance transfer fees for new credit card accounts may demonstrate that the credit card industry has recovered sufficiently from economic and regulatory setbacks to return to more aggressive marketing.

In the battle over the potential negative effects for community banks from the Dodd-Frank Act, it all comes down to the Durbin amendment.

Four banks based in the state have agreed to sell since December, when Hancock Holding of Gulfport, Miss., said it would buy Whitney, a New Orleans stalwart.

The national interest is not served by policymakers' hatching yet another bad idea for how to keep millions of people in homes they can't afford.

Empower Federal Credit Union of Syracuse, N.Y., is using a secure document signing technology from Integrated Media Management.

West Coast Bancorp in Lake Oswego, Ore., said Tuesday that it has hired a former Umpqua Holdings Corp. executive as its corporate compliance manager.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said in its annual report that mounting legal problems could have an adverse effect on its financial results.

Superior Bancorp in Birmingham, Ala., said it must continue to delay filing its 2010 report with the Securities and Exchange Commission until it addresses issues with certain appraisals.

BCB Bancorp Inc. in Bayonne, N.J., said Tuesday that it has agreed to acquire Allegiance Community Bank in South Orange, N.J.

FORT WORTH, Texas – Fort Worth Community CU has acquired a 4,000 square-foot building by a Target-anchored shopping center once occupied by Washington Mutual Bank.

Judge Lawrence Piersol of the U.S. District Court for South Dakota has denied the government's motion to dismiss TCF Financial's lawsuit over debit fee regulation.

For thrifts that have long harbored ambitions of converting to commercial banks, an upcoming regulatory merger is forcing hard decisions.

SAN DIEGO – San Diego Medical FCU has renewed the lease on its 4,638-square-foot Mission Valley headquarters in the 29,639-square-foot Rio Vista Plaza II office building.