Chris Cumming

A former chief executive of First Community Bank has been sentenced to two years in federal prison for running a mortgage-fraud scheme that cost the Hammond, La., bank millions.

Bond Street Holdings has offered jobs and merger-related payouts to two Atlantic Coast Financial (ACFC) executives — but not the president and chief executive — once the Florida companies complete their deal.

Central Bancshares in Muscatine, Iowa, plans to consolidate three of its bank subsidiaries under one charter.

PL Capital has taken a $7 million stake in MutualFirst Financial (MFSF) in Muncie, Ind.

Elmira Savings Bank (ESBK) in New York is scaling back its involvement in the Treasury Department's small-business lending fund.

Capitol Bancorp's (CBCRQ) deal to sell a struggling New Mexico subsidiary has fallen through.

Intrust Bank in Wichita, Kan., has promoted its longtime chief operating officer to become its president.

The United Nations Federal Credit Union has switched to SS&C Technologies Holdings' (SSNC) investment accounting reporting system.

Shareholders will vote on a proposal to rename it CommunityOne Bancorp at their annual meeting on June 20, FNB United said Wednesday. Its board has already approved the change.

New Hampshire Thrift Bancshares (NHTB) in Newport has agreed to buy Central Financial Corp. (CEVT) in Randolph, Vt.

Shares of Independent Bank Group (IBTX) in McKinney, Texas, rose nearly 13% during their first day of trading.

Companies may now handle disclosures over social media, the Securities and Exchange Commission ruled.

Ocwen Financial (OCN) has completed its purchase of the reverse mortgage lender Liberty Home Equity Solutions from Genworth Financial (GNW).

Salisbury Bancorp (SAL) in Lakeville, Conn., has found a chief financial officer.

Howard Bancorp (HBMD) in Ellicott City, Md., is buying a branch from Cecil Bancorp (CECB) in Elkton, Md.

A unit of EverBank Financial (EVER) has sold more than $300 million in mortgage-backed securities.

First BanCorp (FBP) in San Juan, Puerto Rico, is raising $201 million through three separate sales of commercial loans.

First Citizens BancShares (FCNCA) in Raleigh, N.C., has named a former Royal Bank of Canada (RY) executive to be its chief financial officer.

Columbia Banking System (COLB), Prosperity Bancshares (PB), Crescent Financial Bancshares (CRFN) and Bell State Bank & Trust completed acquisitions Monday.

CTS North America has released new systems for on-demand card issuance.