Alan Kline

Consumers are stashing more money than ever into bank accounts but the surge of deposits is not translating into more fees for banks.

NCAL Bancorp in Los Angeles and Raton Capital in New Mexico have been hit with enforcement orders from the Federal Reserve Board that require them to stabilize their ailing bank subsidiaries.

C&F Financial (CFFI) in West Point, Va., has repurchased all the shares it issued to the Treasury Department in 2009 and now just needs to buy back its warrant to exit the Troubled Asset Relief Program.

Commerce Bancshares posted record earnings in the first quarter as improved credit quality and strong revenue growth in its fee-based businesses more than offset flat loan growth.

Improved asset quality and declining expenses powered Washington Federal in Seattle to a $34 million profit in the quarter that ended March 31, a 32% increase from the same period in 2011.

Hugh C. Lane Jr. has stepped down as president and chief executive at the Bank of South Carolina (BKSC) and has been replaced by his longtime associate, Fleetwood S. Hassell.

Women and minorities own nearly 30% of all the businesses in California but many can't get the bank loans they need to grow their firms. California Bank & Trust in San Diego is aiming to change that — and bolster its own loan portfolio — with a new multi-pronged lending initiative targeting female and minority entrepreneurs.

Bank of America (BAC) wants to clear out the backlog of distressed homes in Florida by speeding up approvals of short sales.

Connecticut's attorney general plans to hire an outside consultant to look into foreign exchange trades State Street made as the custodian of the state's $25 billion pension fund.

Bankers have lost the credibility needed to influence the public and policymakers, M&T Bank CEO Robert Wilmers says.

Capital One Financial (COF) in McLean, Va., has slashed nearly 500 assistant branch manager positions nationwide in a cost-cutting move aimed it improving its overall efficiency.

The regional bank is expanding into the Golden State's central coast region with its first open-bank deal in five years.

DNB First in Downington, Pa., is acquiring a branch in nearby Boothwyn from Capital Bank of Rockville. Md.

Ailing Orrstown Bank in Shippensburg, Pa., has named a former chief lobbyist at the American Bankers Association to its board of directors.

Saxon Mortgage, a servicing firm owned by Morgan Stanley (MS), is shuttering two of its Texas processing facilities and laying off roughly 680 of its workers.

The asset-management arm of Fifth Third Bancorp (FITB) announced Thursday that it is selling the assets of 16 mutual funds and about $5 billion in money market fund assets in two separate transactions.

Western Capital in Boise, Idaho, is expanding into neighboring Oregon with a deal to acquire the $104 million-asset Northwest Bank in Lake Oswego.

First Southern Bank in Boca Raton, Fla., announced Wednesday that its president, Lynne Wines, has added the title of chief executive officer and has been elected to its holding company's board of directors.

An ailing Milwaukee community bank that needs to bolster its capital levels is about to receive a significant cash infusion from a prominent local family.

John Delaney, the founder and chairman of CapitalSource in Bethesda, Md., has won the Democratic nomination for a redistricted Congressional seat and will square off against Republican incumbent Roscoe Bartlett in November's general election.