-
Federal "Opportunity Zones" that reduce exposure on capital gains could draw rich investors — and commercial lenders along with them — into economic development projects in thousands of troubled communities around the country.
October 29 -
Credit unions based on the island made history receiving CDFI grants for the first time ever, but larger issues tied to population decline remain.
October 17 -
Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.
September 27 -
In addition to CUs across the continental United States receiving grants, Puerto Rico's cooperativas de ahorro y credito were included for the first time.
September 20 -
Bankers in the East Coast hurricane's path — and everyone else — can learn from those who have survived natural disasters.
September 11 -
The Puerto Rican company added Daniel Frye, a former FDIC adviser, to its board.
September 4 -
Guy Gentile ran a stock brokerage. He spent years running sting operations as an FBI informant. Then, after he was arrested anyway, he beat the charges. Now his plan for his next act — opening a bank in Puerto Rico — is hitting a snag.
July 5 -
The agreement was tied to the Puerto Rico company's 2010 purchase of the failed Westernbank.
May 24 -
With the 2018 hurricane season just around the corner, a recent report from the Federal Reserve highlights how much competition credit unions face when it comes to lending to small businesses recovering from natural disasters.
May 16 -
The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.
March 20