Chris Cumming

The Federal Reserve Board has taken action against two banks and terminated orders with four others, and the Federal Deposit Insurance Corp has freed Synovus Financial from an order.

The Federal Reserve Board has terminated an enforcement action with CIT Group.

Hugh McColl, who made his name in banking by building one of the nation's largest financial institutions in Bank of America, is lending his heft to an academic program that should benefit community bank.

ViewPoint Bank in Plano, Texas, has hired Chris Parada to lead its newly formed energy-finance division, which will provide senior debt financing to oil and gas companies throughout the country

Carlyle Group plans to sell roughly $40 million of common stock in Boston Private Financial Holdings.

The $385 million-asset credit union has begun using FMSI's Teller Management System, the Atlanta-based technology company said Wednesday.

Small-business owners are generally satisfied with their access to funding and about one in five plans to apply for a loan in 2013, according to a new survey from Bank of America (BAC).

Norcross was appointed to the Jacksonville, Fla., company's board on Wednesday. He became president of FIS last year, and has held a range of positions in his 25 years with the company.

Skowhegan Savings has agreed to buy five branches from fellow Maine lender Camden National Corporation.

The Treasury Department has proposed a rule designed to seal off the U.S. financial system from Liberty Reserve, the digital currency issuer authorities charged Tuesday with laundering more than $6 billion for criminal groups.

A decade after changing its name to reflect a broader geographic reach, ISB has reverted to its former name, Ixonia Bank.

A federal jury convicted three former executives at the failed Bank of the Commonwealth in Norfolk, Va., of hiding the bank's bad assets for their own gain.

Nasdaq has warned Naugatuck Valley Financial (NVSL) in Connecticut that it is in violation of the exchange’s rules because of a delay in filing its latest quarterly report.

Chilean bank Banco de Credito e Inversiones has agreed to buy the $4.7 billion-asset City National Bank of Florida from Spain's Bankia for $882.8 million.

The company plans to place a greater emphasis on commercial banking in cities such as Houston and Jacksonville, Fla.

The $225 million-asset Goldthwaite is buying First National Bancshares in Hico, Texas. Terms of the deal were not disclosed.

Hancock Holding in Gulfport, Miss., will close roughly a fifth of its branches as investors press management to cut costs.

Bank of the Ozarks (OZRK) in Little Rock, Ark., is constructing a regional headquarters in Florida.

Talbot Bank in Easton, Md., has signed a consent order with the Federal Deposit Insurance Corp. and its state regulator, effective Friday.

Bankers Bank Northeast in Glastonbury, Conn., has hired a former Home Loan bank executive to be its next chief.