Location Root Tag

OFG Bancorp (OFG) in San Juan, Puerto Rico, added two members to its executive team.

Discover President Roger Hochschild, testifying at a government antitrust trial of American Express in federal court in Brooklyn, N.Y., said his company tried to offer low interchange rates in the late 1990s and then gave up because bigger, higher-cost rivals had too much market power.

WASHINGTON — Checking account interest rates — and fees — are rising, according to a new report from WalletHub.

Home Federal Bancorp of Louisiana (HFBL) in Shreveport, La., has hired a new chief financial officer.

Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.

Protiviti in Menlo Park, Calif. has developed a new module companies can use to develop and manage an anti-corruption program that aids compliance with the U.S. Foreign Corrupt Practices Act and other anti-corruption laws.

VSB Bancorp (VSBN) in Staten Island, N.Y., reported higher quarterly profit on lower expenses and higher-yielding securities investments.

Creative alternatives to overdrafts are not the sole domain of big banks.

New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.

OptimumBank Holdings (OPHC) in Fort Lauderdale, Fla., is optimistic that raising roughly $850,000 will help it remain on the Nasdaq.

MANHATTAN BEACH, Calif. — Kinecta FCU has launched two small-dollar loans that test alternative underwriting guidelines to serve the underbanked.

F.N.B. Corp. (FNB) has moved its corporate headquarters to Pittsburgh.

A breakdown of M&A announcements in the financial services industry for the week ended July 5.

GLOVERSVILLE, N.Y. — Fulton County FCU has rebranded itself as First Choice Financial FCU.

DANVILLE, Pa. — Service 1st Federal Credit Union here may be an early adopter of offering biometric fingerprint scanning to members.

MVB Financial (MVBF) in Fairmont, W.Va., has raised more than $37 million by issuing subordinated debt and selling preferred stock.

Sun Bancorp (SNBC) in Mount Laurel, N.J., has provided more details on its sweeping restructuring initiative.

Wyomissing, Pa. — Glen Yeager, who has been president and CEO of $1.1 billion Utilities Employees Credit Union for 27 years, announced Monday that he will retire Oct. 1.

First Midwest Bancorp (FMBI) in Itasca, Ill., has agreed to buy Great Lakes Financial Resources (GLFL) in Chicago.

WASHINGTON — What happens when you mix a cutting-edge payments technology with the newest financial regulator on the block, both of which stir policy passions?