Oriental Financial Group in San Juan, Puerto Rico, has priced its public offering of preferred shares that will help fund its purchase of Banco Bilbao Vizcaya Argentaria's Puerto Rican operations.

The Consumer Financial Protection Bureau and Federal Housing Finance Agency said Thursday they are teaming up to create a first-of-its-kind mega-database of mortgages to track market trends and support policymaking research.

According to a survey on bank compensation released Thursday, commercial loan officers’ total annual pay is up 17.3% this year over last, while salaries of other bank employees have climbed just 2.5%.

Banks in areas hit hard by Hurricane Sandy have re-opened most of their branches. Now some of them are opening their checkbooks, too.

Subordinated debt could be an option for community banks that need to raise capital but want to avoid dilute existing shareholders. Still, naysayers point out that many community banks prefer the simplicity and liquidity that comes from equity.

Wells Fargo has hired Terese Rowe, an expert in credit risks tied to fruit, fish and other agribusinesses, to head one of its ag-related units in anticipation of increased world demand for food.

First BanCorp in San Juan, Puerto Rico, reported its second straight quarterly profit. The company earned $19.1 million in the third quarter, compared with a net loss of $24 million a year earlier.

New York State's Department of Financial Services has ruled that, for insurance purposes, Hurricane Sandy wasn't a hurricane when it hit the state.

Camco Financial (CAFI) in Cambridge, Ohio, has extended its rights offering deadline by one day because of the effects of Hurricane Sandy.

BB&T is planning to more than double its branch network in Texas by opening 30 new offices in the state’s four largest metropolitan markets.

The Riverhead, N.Y., company had vowed to get a handle on nonperforming loans after raising $25 million in September. CEO Howard Bluver has said that Suffolk will focus on growth in coming months.

The National Credit Union Administration has liquidated Women's Southwest Federal Credit Union in Dallas.

National 1st Credit Union has agreed to acquire San Jose Credit Union.

Few legislators will have much appetite for setting bank capital policy, but it would be a gross error to mistake that discretion for lack of interest in what those policies will do to local economies.

TowneBank (TOWN) has hired J.G. Carter, a former SunTrust Banks (STI) executive, to help the Suffolk, Va., company expand its mortgage operations.

Election year politics have cast doubt on the future of the Affordable Care Act, but there's one thing the debate is unlikely to change: the growing popularity of health savings accounts.

Are banks and credit unions getting personal financial management all wrong?

PlayMoolah, a new online game to foster financial literacy, seeks bank partners.

Jason Best and Sherwood Neiss on how crowdfunding can benefit banks.

Even before the recent increases, prices Fannie and Freddie charge for credit risk were far higher than when their share of originations was at a low.