Americas

A federal court agreed Thursday to let the National Credit Union Administration submit records under seal, bolstering its case for the April 15 conservatorship of Vensure Federal Credit Union.

Standard & Poor's said late Thursday that F.N.B. Corp. in Hermitage, Pa., has joined its S&P SmallCap 600 index.

The newly chartered United Resources Federal Credit Union in San Dimas, Calif., plans to start soliciting for up to $250 million in new capital, the corporate said on Friday.

First BanCorp in San Juan, Puerto Rico, increased capital ratios slightly in the first quarter, though they remain below the levels mandated by regulators.

It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.

NetSpend Holdings Inc.'s first-quarter revenue rose 16% from a year earlier, to $80.8 million, as the activity on its prepaid debit cards increased and more of its customers began using direct deposit.

Citizens Republic Bancorp Inc. in Flint, Mich., has agreed to create two new housing programs in Detroit as part of a settlement with the Justice Department involving violations of the Fair Housing Act and the Equal Credit Opportunity Act.

The choice of private equity's Edward Grebow to lead the union-owned Amalgamated Bank might still be considered an odd coupling — if the deficit-laden institution wasn't bleeding out profits and capital.

The FDIC has upped the ante in its push to force Republic Bank to stop making refund-anticipation loans, amending a notice of charges against the bank to include new violations.

The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.