Americas

Puerto Rico's economy has been in disarray for eight years, and it's taken many banks down with it. OFG weathered the financial crisis and is considering how to capitalize on its status as the island's healthiest bank.

Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.

A federal judge has dismissed a lawsuit by the founders of CertusBank that claimed they were fired as part of a racist conspiracy at the Columbia, S.C., company.

Chemical Financial in Midland, Mich., has agreed to buy Monarch Community Bancorp in Coldwater, Mich.

MVB Financial and CFG Community Bank have terminated their purchase-and-assumption agreement, a year after announcing the deal.

Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.

NCUA said in a press release Friday that it has barred three former credit union employees from working at a federally insured financial institution.

The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.

Wayne Savings Bancshares in Wooster, Ohio, appointed H. Stewart Fitz Gibbon III as president and chief executive of the company and its banking unit.

MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.