Alan Kline

Starbucks Coffee Co. is teaming up with community development lenders to create a nationwide loan fund that would help local businesses, developers, nonprofits and micro-enterprises expand and create jobs.

BofI Holding Inc. in San Diego announced Monday that it has changed the name of its federally chartered savings bank from Bank of Internet USA to BofI Federal Bank.

Banco Popular de Puerto Rico in San Juan has completed a deal to sell roughly $358 million of mostly nonperforming commercial real estate and construction loans to a joint venture created by Goldman Sachs & Co., Caribbean Property Group LLC and East Rock Capital LLC.

After six years in London running Barclays PLC's U.K. branch network, Deanna Oppenheimer is planning to return to the United States.

Home Federal Bancorp Inc. in Nampa, Idaho, is shuttering six branches, streamlining its management, refinancing its debt and shifting mortgage loan originations to a third party as part of a broad restructuring that it says will reduce overhead by $3.6 million over the next 12 months.

The head of a congressional panel that oversees the Internal Revenue Service says a proposed rule that would require U.S. banks to report interest paid to foreign account holders would discourage foreign investment and place an unnecessary burden on banks.

Fulton Financial Corp. in Lancaster, Pa., has unveiled the management team for its newly created New Jersey bank.

Striking its second deal in less than a week, BB&T Corp.'s insurance unit announced Tuesday that it is expanding into the Baltimore/Washington metropolitan market by acquiring Atlantic Risk Management Corp. of Columbia, Md.

The Commerce Bank of Oregon, a subsidiary of Zions Bancorp., has promoted Chief Financial Officer Jodi Delahunt Hubbell to president and chief executive officer, effective Jan. 1.

Sandler O'Neill & Partners analyst Kevin Fitzsimmons on Friday lowered his 2012 earnings estimates for 11 regional and community banks amid concern about weak loan demand and mounting pressure on net interest margins.

International Bancshares Corp. in Laredo, Texas, announced Thursday that it is closing 55 grocery store branches in response to legislation that will cap what banks can charge merchants for debit card transactions.

In what would be its first deal since creating a fund to invest in undervalued banks last year, bond giant Pacific Investment Management Co. is seeking regulatory approval to buy a roughly 20% stake in ECB Bancorp Inc. in Englehard, N.C.

Continuing a wave of consolidation among California community banks, AltaPacific Bancorp in Santa Rosa said late Wednesday that it is buying Stellar Business Bank in Covina for $17.4 million in stock.

S&T Bancorp in Indiana, Pa., announced late Wednesday that it is buying Mainline Bancorp Inc. in Ebensburg, Pa., for roughly $21.5 million in cash and stock.

Capital One Financial Corp. Chairman and Chief Executive Richard Fairbank says he believes the credit card business is headed for significant consolidation and that his company intends to be one of the industry's "endgame players."

Massive consolidation is inevitable, say the pundits, but the heads of prospective buyers say they can wait out reluctant sellers and the uncertain economy.

In what would be its first whole-bank acquisition since 2008, Prosperity Bancshares Inc. in Houston has announced plans to buy the $72 million-asset Texas Bankers Inc. in Austin.

Webster Financial Corp. Chairman and Chief Executive Officer James C. Smith has no regrets about eliminating free checking for customers.

The chief executive at Texas Capital Bancshares Inc. says that regional banks like his are losing potential commercial loan business to deposit-rich larger banks that are undercutting them on rates and offering more favorable terms.

After making five acquisitions in less than three years, People's United Financial Inc. in Bridgeport, Conn., is now turning its attention to slashing overhead and growing its balance sheet more organically.