Alan Kline

Electronic payments giant PayPal Inc. has acquired mobile-payments startup Fig Card Corp., PayPal said in a blog post Thursday.

Valley National Bancorp in Wayne, N.J., is buying the $1.6 billion-asset State Bancorp in Jericho, N.Y., for $222 million in stock, or 1.85 times State's tangible book value.

Citizens Republic Bancorp Inc. in Flint, Mich., reported a loss of $68.7 million in the first quarter, a marked improvement over the $106 million it lost in the last quarter of 2010.

After falling for four straight quarters, delinquency rates on construction loans appear to have edged up slightly in the first quarter, according to preliminary estimates from Trepp LLC.

United Community Bancshares Inc. in Blairsville, Ga., has not reported a profitable quarter since mid-2008, but its chief executive said Thursday that he expects that to change starting this quarter.

Amalgamated Bank in New York has named Edward Grebow, a former private-equity firm executive, as its president and chief executive.

Abington Bancorp Inc. in Jenkintown, Pa., has settled a shareholder lawsuit alleging that officers and directors had breached their fiduciary duty when they agreed to sell the company to Susquehanna Bancshares Inc. for $273 million in stock.

United Community Bancshares in Blairsville, Ga., has not reported a profitable quarter since mid-2008, but its CEO said Thursday he expects that to change starting this quarter.

Fueled by strong loan growth and record deposit growth, Signature Bank in New York is coming off its most-profitable quarter in its 10-year history.

Shares of Wilshire Bancorp plunged early Tuesday after the Los Angeles company announced that it lost $52.1 million, or $1.77 per share, in the first quarter.

Building on its strong second half of 2010, PrivateBancorp in Chicago started 2011 with its third straight profitable quarter.

Shares of Wilshire Bancorp plunged early Tuesday after the Los Angeles company announced that it lost $52.1 million, or $1.77 per share, in the first quarter.

Unsuccessful in its efforts to raise fresh capital and already operating under multiple enforcement orders, embattled Mercantile Bancorp could be on the verge of failure.

For the first time in three years, the three banks of Western Alliance Bancorporation in Phoenix all turned a profit in the first quarter.

Huntington Inc. in Columbus, Ohio, is one of a few banks to offer a grace period on overdrafts, and the service is at the center of retail marketing efforts.

All the hubbub about smartphones laying the decisive blow to branches is unnecessary; they can peacefully and successfully co-exist with some retooling.

• Graphic: Through the Years

• Letter to the Editor: In Defense of Startups

There's a joke making the rounds in Chicago that if BP and Toyota were serious about repairing their damaged reputations, they, too, would have helped bail out ShoreBank.

1st Commonwealth of Virginia offers a new kind of loan aimed at retaining customers in times of lower rates, when borrowers typically defect.

• Bank Think: To Opt In Or Not to Opt In?
• Readers Say ...

While banks are concentrating on promoting their image through advertising and marketing, the actions behind those words will have more of an influence over consumers' trust.

Top 200 Community Banks and Thrifts as of Dec. 31. Ranked by 3-Year Average ROE. Last year's minimum list-making mark is this year's mark of overachievement.