Louisiana

The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."

The purchase will significantly increase Hancock's assets under management and administration.

The credit union was conserved in order for the regulator to help "correct operational weaknesses."

The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.

Alabama-based CU had operated under conservatorship since June.

Jefferson Financial Credit Union in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. Will it embolden other CUs to pursue similar fundraising efforts?

Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts.

Louisiana-based credit union says its request is one of the largest ever approved by NCUA.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

The company, which recently bought Sabadell United in Miami, is pledging to make billions of dollars in mortgages and small business loans in low- and moderate-income communities.