Open Bank (OPBK) in Los Angeles has raised $30 million in a private offering of common stock.

House Majority Leader Eric Cantor's loss to an unknown Tea Party challenger sheds new light on the deep divisions in the Republican Party, which is ultimately likely to have a large impact on the debate over financial policy.

U.S. Bancorp (USB) in Minneapolis has completed its purchase of Citizens Financial Group's Charter One franchise in Chicago.

First National Bank of the Gulf Coast in Naples, Fla., will change its name when it becomes a state-chartered bank.

The recent proposal for the U.S. Postal Service to sell banking services invites comparisons to Walmart's equally controversial, and ultimately abandoned, 2005 bid for a banking charter. Both would-be financial industry game-changers are large and ubiquitous, but there are some notable differences.

Our fifth annual survey shows encouraging signs for banks on the long road back to reputational redemption.

The CEO of the top-ranked brand in our reputation survey explains how the bank skyrocketed to No. 1.

From more automation and general streamlining to specific recommendations for tweaking programs, small-business lenders offer up their suggestions for the new head of the Small Business Administration.

Get ready: you're about to become a dinosaur.

Highlights from the New York Fed's small-business Credit Innovation forum.

Quotes from Jane Fraser, Corey Chambas, President Obama and other notable names speaking about the industry.

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The $5.2 billion-asset company, once known as Bond Street Holdings, filed a registration statement with the Securities and Exchange Commission for an initial public offering.

The Oregon company is hopeful it will enjoy significant stock appreciation once investors realize the value of its acquisition of Home Federal in Idaho. Management hopes other potential sellers agree.

The fate of living wills for the biggest banks and a new system to resolve the largest institutions has taken a back seat to other regulatory efforts in the wake of the Dodd-Frank Act. Here's why banks of all sizes need to be focused on the effort.

NewDominion Bank in Charlotte, N.C., has opened a mortgage division as part of its comeback effort.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Peyton Patterson, president and chief executive of Bankwell Financial Group (BWFG) in New Canaan, Conn., has been ordered by a judge to pay more than $350,000 to American Express to address unpaid credit card bills.

Once the Puerto Rican company repays its Tarp funds, management will focus on growing in New York and south Florida. The company also hopes to benefit from any improvement in the Puerto Rican economy.

The company is suing Basswood Capital, claiming the activist hedge fund unlawfully accumulated a large stake by violating a confidentiality agreement. It also claims that Basswood's meddling resulted in a subpar capital raise last month.