NorCal Community Bancorp of Alameda, Calif., posted a $2 million first-quarter loss, compared with net income of $340,000 a year earlier.

The thrift industry reported a $1.82 billion profit in the first quarter, the third consecutive quarterly profit since the financial crisis began, the Office of Thrift Supervision said Monday.

Nine months after it unsuccessfully sought to raise capital in the public market, Hampton Roads Bankshares Inc. in Norfolk, Va., has persuaded private-equity firms to get on board.

Small business entered the recession with too much leverage compared with big business, some economists argue, and, in some respects, their debt burdens have gotten worse.

CORDOVA, Tenn. – HealthNet FCU opened a new main office last week that includes a branch office with drive-up service, a night depository and ATM.

LATHRUP VILLAGE, Mich. – Michigan First CU will open a new branch today in a Meijer store in Rochester Hills, the third new branch opened by the $550 million credit union in the past nine months.

Losses at corporate credit unions continue to pile up at an accelerated pace, raising doubts about their ability to continue as "going concerns."

The FDIC said Coulee Bank in La Crosse, Wisc., will acquire the operations of the $61 million-asset, state-chartered Pinehurst Bank in St. Paul, Minn.

The FDIC said Coulee Bank in La Crosse, Wisc., will acquire the operations of the $61 million-asset, state-chartered Pinehurst Bank in St. Paul, Minn.

Often finding the start-up route clogged, former bank executives looking to restart their careers are finding ready re-entry platforms via small-bank acquisitions.

Though House and Senate lawmakers still have plenty of issues to work out in the final regulatory reform bill, one thing is already clear: The legislation will do little to streamline the fractured financial regulatory framework.

WASHINGTON — Though House and Senate lawmakers still have plenty of issues to work out in the final regulatory reform bill, one thing is already clear: The legislation will do little to streamline the fractured financial regulatory framework.

The collection industry is always up for a deal, and in the merger and acquisition landscape, there is always a deal to be made. Whether it is a good or bad deal is something entirely different.

A collection agency owned by a convicted felon, and recently accused of using strong-arm tactics, has been barred from collecting debts in Colorado, the state's Attorney General John Suthers announced today.

The National Credit Union Administration announced Thursday that it has added eight credit unions to its troubled-institution list and set aside another $170 million to cover losses at credit unions.

The Federal Reserve has ordered Albina Community Bancorp in Portland, Ore., to serve as a source of strength to its struggling community development bank.

Astoria Financial Corp. in Lake Success, N.Y., says it wants to be ready to raise capital should it need it.

Cadence Financial Corp. in Starkville, Miss., plans to raise as much as $92 million to satisfy a recent regulatory consent order.

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Troubled debt restructurings are on the rise, and they're causing regulatory headaches for bankers worried about how to properly designate and disclose the modified loans.