Chris Cumming

Wipro Gallagher has upgraded its loan-origination system, NetOxygen, to provide more detailed and accessible loan information.

M&T Bank (MTB) in Buffalo has hired a former member of Congress to help it strengthen its relationships with government officials.

Katahdin Trust Company in Houlton, Maine, has chosen Fiserv’s core banking platform along with a host of other services from the fintech company.

First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.

Securant Bank in Menomonee Falls, Wis., has agreed to sell its trust business to an Illinois bank.

PremierWest Bancorp's campaign to persuade shareholders to approve a merger with AmericanWest Bank has not yet reached its goal. The deal is on hold for one more month as the companies wait for proxy votes to come in.

Solera National Bancorp in Lakewood, Colo., is revisiting a deal that regulators blocked three years ago, with a few modifications.

SCBT Financial in Columbia has agreed to buy First Financial Holdings in Charleston in a deal between South Carolina banks.

Payment processor TSYS (TSS) is bolstering its position in the prepaid card market through big acquisition.

Gold Coast Bank in Islandia, N.Y., is beginning its second round of financing after announcing that its fourth-quarter profit more than doubled.

The Federal Reserve Board has lifted an enforcement action against Central Pacific Financial in Honolulu, Hawaii.

Banking technology firm Calypso has expanded its quantitative staff with the addition of a new director of financial engineering.

Fiserv has launched an online portal designed to provide a simpler and more cost-effective way for financial institutions to monitor their performance and risk.

Southern BancShares has agreed to acquire Heritage BancShares in Lucama, N.C., for cash and stock, the companies announced Friday. The deal is expected to be completed in the second quarter.

A Maryland legislator has introduced a bill that would open the way for the creation of a state-run bank.

Charter Financial in West Point, Ga., has begun the stock offering for its second-step conversion.

Just days after announcing that it is selling part of its mortgage-servicing business, Ocwen Financial (OCN) agreed to buy the mortgage-lending unit of New York investment bank Gleacher

First BanCorp in San Juan, P.R., is attempting to improve its capital position by converting preferred shares into common stock.

A Florida couple has filed a lawsuit against Fifth Third Bancorp (FITB) over its “Early Access” deposit-advance program.

Canada's second-largest credit union has gone live on Temenos' banking software.