The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million.

CUs are holding blood drives, casual days, bake sales and more to give back to their communities and enrich the lives of the members they serve.

The recent earnings season shined a light on community bankers’ tactical moves. Here’s a look at what some institutions are planning in coming months.

After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.

The consumer banking experience still needs work. But instead of investing money in consumer-facing products, we must invest in critical yet less sexy infrastructure improvements.

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

One Bank & Trust in Arkansas just sold itself to the Treasury, resolving a legal judgment and clearing the way for a resale to the private sector.

Credit unions announce a bevy of new leaders among the recent new hires, promotions and appointments.

Bank of Austin still needs approval from the Federal Deposit Insurance Corp., though organizers remain hopeful it can open this summer.

The acquirer of the failed Guaranty Bank took a pass on the latter’s 107 in-store branches, leading to their shutdown and a disruption in service for many low-income customers.

Despite major fanfare about new challenger institutions or digital-only bank brands, technology and revenue difficulties are among the factors threatening their ability to adapt and grow.

The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive.

Current, an app debuting Tuesday, updates the joint account for an era of tweens with smartphones.

The post-election rally in banking stocks has given certain buyers the ability to make acquisitions that would add to tangible book value, perhaps making it easier for them to pursue more deals.

With donations if time, money and supplies, credit unions are making a difference for organizations that make a difference in the lives of those they serve.

As China's only gambling center, the island has become a crime risk, pressuring greater security for card transactions.

Startups believe artificial intelligence will make loan officers obsolete, and that may be true. But it remains to be seen if AI will make lending safer.

Five Star Bancorp in California is the latest bank to work with a marketplace lender on referrals. The move comes as the SBA programs have record volumes while concerns linger about banks working with third parties.

Ignacio Alvarez, who takes over this summer from Richard Carrion, addresses the tough challenges the bank faces as looming cuts to government services and benefits could be painful for consumers and businesses on the Caribbean island.