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Haven Bancorp in Hoboken has agreed to buy Hilltop Community Bancorp (HTBC) in Summit in a merger of New Jersey banks.
June 5 -
The Commodity Futures Trading Commission has sued U.S. Bank for its role in the Peregrine Financial collapse, alleging that it failed to properly handle the failed brokerage's customer accounts.
June 5 -
The House Oversight Committee is pressing the Federal Housing Administration for more details on its financial picture after learning that the insurer's unfunded liability could potentially be nearly nine times higher than it previously disclosed.
June 5 -
First Commonwealth Bank in Indiana, Pa., has hired Jane Grebenc as its new president.
June 4 -
Wisconsin Bank & Trust in Madison has given its longtime president the additional title of chief executive.
June 4 -
Taylor Capital Group (TAYC) in Chicago plans to enter the mortgage-servicing business through the purchase of servicing rights and facilities from Liberty Savings Bank of Wilmington, Ohio.
June 4 -
Union Bank in San Francisco has created a new bank account designed for the underbanked.
June 4 -
Bay Banks of Virginia in Kilmarnock is reducing its workforce due to a decline in branch traffic.
June 4 -
Umpqua Holdings in Portland, Ore., has agreed to buy Financial Pacific Holding in Federal Way, Wash.
June 4 -
SunTrust is expected to announce Tuesday that it plans to put financial counselors in its branches as part of a pilot program with Operation HOPE, a nonprofit that works to provide financial literacy training to low-income families.
June 4 -
BancorpSouth (BXS) in Tupelo, Miss., will take a $10.9 million charge for an early-retirement program meant to cut costs in the long term and an additional charge is possible.
June 3 -
The $76 million-asset lender raised the sum from local investors. It began the effort in October and finished at the end of May, its financial advisor, Community Capital Advisors, announced on Monday.
June 3 -
The financial software company Misys has introduced a new system to aid banks in managing risk.
June 3 -
Nomura Securities has begun using a mobile application for asset managers from Nomura Research Institute.
June 3 -
AmericanWest Bank in Spokane, Wash., has agreed to buy eight southern California branches from First PacTrust Bancorp in Irvine, Calif.
June 3 -
The Federal Reserve Board hit Naugatuck Valley with a memorandum of understanding on May 21, the $526 million-asset company said late Friday.
May 31 - New York
BBVA Compass is ramping up efforts along the East Coast with plans to open loan-production offices in New York and Washington.
May 31 -
Oxford Bank in Michigan has terminated its planned sale to Level One Bancorp due to regulatory delays and an improvement in Oxford's financial condition.
May 31 -
Clarkston Financial in Michigan has implemented a 10-for-1 reverse stock split.
May 31 -
The T. Rowe Price Group has agreed to sell its banking unit to the investor Jacob Safra.
May 30
