Alan Kline

Aiming to increase its trust assets under management, WSFS Financial Corp. in Wilmington, Del., has formed a seven-member advisory board to help it better serve existing clients and identify new ones.

Shares of Orrstown Financial Inc. fell sharply Friday after the Shippensburg, Pa., company warned that it expects to take a larger-than-expected provision for loan losses in the second quarter.

ECB Bancorp in Englehard, N.C., announced after the market closed Thursday that it is buying seven branches and $195 million of deposits in North Carolina from Hampton Roads Bancshares Inc. of Norfolk, Va.

Shares of Lakeland Bancorp Inc. fell nearly 8% Thursday after the Oak Ridge, N.J., company reported second-quarter earnings that missed analysts' expectations.

Two New England thrifts have beefed up their commercial-lending operations by hiring teams of bankers from recently acquired banks.

NBT Bancorp Inc. of Norwich, N.Y., is expanding into western Massachusetts with a deal to purchase four branches from Legacy Bancorp of Pittsfield, Mass.

Improved asset quality, lower credit costs and gains on investment securities powered Washington Federal Inc. in Seattle to a $30.1 million profit in the quarter that ended June 30, an increase of 138% over the same period in 2010.

Bank of America Corp. said Tuesday that it has hired 75 small-business bankers in Texas and that it intends to add roughly 25 more in the state by the end of the first quarter.

Consumers may not be thrilled with their banks these days, but they dislike airlines, utilities and cable providers even more.

Home Bancshares Inc. in Conway, Ark., has repaid the Treasury Department the $50 million it received in early 2009 from the Troubled Asset Relief program.

U.S. Bank is letting customers who have lost income due to the state of Minnesota government shutdown skip one monthly payment on most types of loans without penalty.

Union First Market Bank in Richmond, Va., announced Monday that it has opened seven branches inside Martin's Food Markets in central Virginia.

Centrix Bank in Bedford, N.H., intends to tap the government's billion Small Business Lending Fund to increase its commercial lending and repay what it borrowed from the Treasury Department's Troubled Asset Relief Program.

Northeast Community Bancorp Inc. in White Plains, N.Y., is expanding its loan production office in Danvers, Mass., as part of a major push to increase its lending in eastern Massachusetts.

Regions Bank in Birmingham, Ala., is teaming up with person-to-person payments provider ZashPay to let its customers transfer payments to family members, friends and other individuals without ever having to write a check.

With the expansion, the $3.7 billion-asset Union First Market Bank now has 99 branches in Virginia, including 29 in Martin's stores.

Castle Creek Capital, a California private-equity firm, has invested $27 million in fast-growing NBC Holding Co. in New Orleans.

The Federal Reserve Board has given the troubled Commonwealth Bankshares Inc. in Norfolk, Va., until the end of July to either raise fresh capital or find a buyer.

A Florida holding company formed three years ago to buy troubled banks has struck its third deal in the Tampa Bay area.

Castle Creek Capital, a California private-equity firm, has invested $27 million in fast-growing NBC Holding Co. in New Orleans.