Chris Cumming

A former chief executive and chairman of NewBridge Bancorp (NBBC) in Greensboro, N.C., plans to retire from its board.

Community Financial Shares (CFIS) in Glen Ellyn, Ill., has raised nearly $500,000 through a rights offering.

BankersLab has released an app designed to help bankers learn best practices and the basics of collections management.

The Federal Reserve Bank of San Francisco has terminated its regulatory action against HomeStreet in Seattle.

Enterprise Financial Services in St. Louis has extended the contract of chief executive Peter Benoist by one year.

The latest research from Equifax shows a huge jump in student-loan defaults.

Bank of America Merrill Lynch (BAC) has released two new software applications that address new cross-border payments regulations in the Dodd-Frank reforms.

Coastal Credit Union in Raleigh, N.C., has announced plans to convert to a core platform from Symitar, a division of the financial technology firm Jack Henry & Associates.

Hampton Roads Bancshares (HMPR) in Virginia Beach is reducing its branch network.

Jefferson Bancorp in Lutherville, Md., has received regulatory approval to buy Carrollton Bancorp (CRRB) in Columbia, Md.

A unit of Fentura Financial (FETM) in Fenton, Mich., has been freed from a regulatory order from Federal Deposit Insurance Corp. and the State of Michigan Office of Financial and Insurance Regulation.

The troubled Metropolitan Bank Group in Chicago may be getting a lifeline from a consortium of Mexican investors, Crain's Chicago Business reported.

Pacific Mercantile Bancorp (PMBC) in Costa Mesa, Calif., has named a credit-risk consultant and former Comerica (CMA) executive to its board.

The company has adopted Q2ebanking's electronic banking platform, the Austin-based financial technology firm said Tuesday.

The Federal Reserve Board has terminated an enforcement action against East Dubuque Bancshares in Illinois and its bank.

Bell State Bank & Trust in Fargo, N.D., has chosen Mobiliti, Fiserv's mobile banking service.

M&T Bank (MTB) will take over the lease at a Buffalo-area mortgage facility that Bank of America (BAC) plans to close this spring, according to a report.

Yadkin Valley Financial (YAVY) in Elkin, N.C., is seeking shareholder approval for a three-to-one reverse stock split.

Community Bank of Tri-County in Waldorf, Md., has named senior lending officer Todd Capitani its chief financial officer.

The Federal Reserve Board has approved FirstMerit's pending acquisition of Citizens Republic Bancorp (CRBC) in Flint, Mich.