While the number of financial institutions has dropped, deposits continue to grow at a rapid pace, according to research firm Market Rates Insight.

Navy Federal Credit Union's new iPhone app was downloaded more than 10,000 times in its first two weeks, the $41 billion, 3.4 million member credit union said.

Be it expanding affordable housing, supporting small businesses or providing financial services to urban and rural areas, community development financial institutions continue to play a pivotal role.

Western Corporate FCU may be under conservatorship, but it's profitable.