BARSTOW, Calif. – Alaska USA FCU is building a branch inside a Vons supermarket to be closer to its members.

MINNETONKA, Minn. – U.S. FCU has agreed to sell its 30,000-square-foot office building on Wayzata Blvd. for $2.7 million.

The Government National Mortgage Association said Friday that it is expanding the parameters for loans to be repuchased from its trusts to include those that have successfully completed a three-month trial payment period.

Not only are residential loan applications booming, but nonbank lenders increasingly are tapping their warehouse providers for additional credit.

Rates for borrowing and lending securities in the repurchase-agreement market rose Friday and investors sought to extend maturities on concern power outages and closings of mass transit would keep traders home after Hurricane Irene struck.

Visa and other financial companies are taking steps to prevent possible disruptions from Hurricane Irene.

The Federal Reserve Board said Friday it will hold three public hearings on Capital One Financial Corp.'s proposed $9 billion purchase of online bank ING Direct USA.

The $3.4 billion-asset company announced last week that it paid $600,000 for a ham — the grand champion ham at the 48th Kentucky Country Ham Auction, an annual charity event.

With the Eastern Seaboard bracing Friday for the arrival of Hurricane Irene, the FDIC told banks to look in the not-too-distant past for how to deal with damaging storms.

Technology company Tio Networks Corp. has developed software for "reverse ATMs" that collect money from lower-income customers instead of dispensing it.

PVF Capital Corp. in Solon, Ohio, reported a loss of $2.6 million for its fiscal fourth quarter, a slight improvement from a year earlier.

Under orders from its regulators to boost a key capital ratio, Pacific Mercantile Bancorp in Costa Mesa, Calif., announced that it has already raised $11.2 million of fresh capital and has a deal in place to raise $27.3 million more.

First BanCorp in San Juan, Puerto Rico, has $525 million of capital committed. Now it needs its shareholders to show up and vote for a key part of its recapitalization plan.

Texas Capital Bancshares Inc. in Dallas has lost the first round in a legal battle over a loan it made to an Oklahoma automobile dealer that soured.

Regulators have hit Woodbury Banking Co. with a consent order for weaknesses in the company's asset quality, capital, earnings and management.

A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.

Old National Bancorp in Evansville, Ind., announced Friday that it is shuttering nine of the 52 branches it inherited when it took over the failed Integra Bank and will move the accounts to nearby offices.

Nearly two years after HUD revamped mortgage disclosure rules, many lenders rely on manual processes — if any — and end up having to pay the difference between underestimated and actual closing costs.

Opportunistic community banks in south Florida have seen a dramatic increase in new customers because of a contraction of banks caused by failures and mergers.

In the Washington Post last week, housing columnist Kenneth Harney took an interesting look at mortgage loans guaranteed by the Department of Veterans Affairs.