Alan Kline

Kay M. Hoveland has notified the board of the $900 million-asset Kaiser that she plans to retire as the CEO of the thrift and president and CEO of its holding company, Kaiser Federal Financial Group Inc. Hoveland also plans to resign from the bank's board.

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as the president of its Florida operation.

Payments provider eWise Group Inc. said Tuesday that it has raised $14 million in venture-capital money that it will use to help finance its expansion in the United States and the United Kingdom.

Sandler O'Neill & Partners is lowering its second-quarter and full-year earnings estimates for three of the nation's four-largest banking companies due largely to concerns about declining trading revenues.

The only CEO in the history of Kaiser Federal Bank in Covina, Calif., is stepping down at the end of this month.

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as president of its Florida operation.

Striking its second deal in three months, Opus Bank in Irvine, Calif., said it is buying the $682 million-asset RMG Capital of Fullerton, Calif., for $50 million in cash.

Bank stocks fell sharply Monday on concerns that the economic recovery has stalled and that the largest banks could be required to hold more capital under new international capital standards.

Johnson Bank in Racine, Wis., has a new chief executive officer for the second time in less than six months.

Upstart Opus Bank in Irvine, Calif., is embarking on an ambitious branch expansion plan to go along with is acquisition of a Seattle-area bank.

Two weeks after announcing plans to open its first retail branch in Los Angeles County, First PacTrust Bancorp Inc. in Chula Vista, Calif., has struck its deal to buy a bank there.

Pacific Capital Bank has ditched its name and is consolidating its five separately branded banks under the name Santa Barbara Bank & Trust N.A.

Ohio's Liberty Savings Bank is exiting its home state and selling its 16 branches there to First Financial Bancorp of Cincinnati, tripling First Financial's footprint in Dayton.

Community bankers are urging lawmakers to pressure the IRS into withdrawing a proposed rule requiring banks to report interest paid on deposit accounts of nonresidents.

Community bankers are urging lawmakers to pressure the Internal Revenue Service into withdrawing a proposed rule that would require U.S. banks to report to the IRS any interest paid on deposit accounts of nonresident aliens.

Ohio's Liberty Savings Bank is exiting its home state and selling its 16 branches there to First Financial Bancorp of Cincinnati, tripling First Financial's footprint in Dayton.

Eager to lower its overhead, Hampton Roads Bankshares Inc. in Norfolk, Va., will close nine branches this year and move customers' accounts into other nearby branches.

Huntington National Bank is committing $2 billion to help jumpstart Michigan's sputtering economy.

The $3.6 billion-asset thrift company said this week that its lender, U.S. Bank, has given it another six months to repay a $116.3 million loan that was due to be paid off May 31.

Republic Bancorp Inc. in Louisville is exiting the Bowling Green, Ky., market and selling its branch there to a local rival.