OCC's April Enforcement Actions Hit 11 Banks
May 17, 2013 The Office of the Comptroller of the Currency took regulatory action against 11 financial institutions and terminated orders...

Sierra Vista in Calif. Receives $1.5M Investment
May 17, 2013 Sierra Vista Bank in Folsom, Calif., has added $1.5 million in capital from the Taylor International Fund.

Hampton Roads in Va. Names Chairman
May 17, 2013 Hampton Roads Bancshares (HMPR) in Virginia Beach, Va., has named Charles Johnston chairman.

Wave Rolls Out Password-Free Authentication
May 17, 2013 Wave Systems has developed a system for online authentication that relies on verifying a user's device ID.

Republic First in Pa. to Open Third N.J. Branch
May 16, 2013 Republic First Bancorp in Philadelphia is continuing its push into southern New Jersey.

FDIC Sues Management of Failed Fla. Bank for $48M
May 16, 2013 The Federal Deposit Insurance Corp. is seeking to recover $48 million from officers and directors of a Florida bank that...

Customers in Pa. Increases Offering, Announces Pricing
May 16, 2013 Customers Bancorp in Wyomissing, Pa., is bumping up the size of its stock sale by more than 20%

Four Banks Make Tarp Repayments
May 16, 2013 Four community banks announced Troubled Asset Relief Program redemptions Wednesday. Two were in Missouri and one each in South...

Commerce in Mo. to Buy Summit in Okla. for $41M
May 16, 2013 Commerce Bancshares in Kansas City, Mo., has struck a deal for Summit Bancshares of Tulsa that would nearly double its asset...

Peoples in Ohio Buys Three Insurance Agencies
May 16, 2013 Peoples Bancorp in Marietta, Ohio, has bought three insurance agencies in Jackson, Ohio.