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The Federal Reserve Board has lifted an enforcement action against Central Pacific Financial in Honolulu, Hawaii.
February 19 -
Banking technology firm Calypso has expanded its quantitative staff with the addition of a new director of financial engineering.
February 19 -
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.
February 19 -
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.
February 19 -
A Maryland legislator has introduced a bill that would open the way for the creation of a state-run bank.
February 15 -
Charter Financial in West Point, Ga., has begun the stock offering for its second-step conversion.
February 15 -
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
February 15 -
First BanCorp in San Juan, P.R., is attempting to improve its capital position by converting preferred shares into common stock.
February 15 -
A Florida couple has filed a lawsuit against Fifth Third Bancorp (FITB) over its “Early Access” deposit-advance program.
February 14 -
Canada's second-largest credit union has gone live on Temenos' banking software.
February 14 -
The Federal Reserve Bank of Cleveland has terminated an enforcement action against Rurban Financial (RBNF) in Defiance, Ohio, tied to its information-technology unit.
February 14 -
Flagstar Bancorp (FBC) in Troy, Mich., has agreed to sell DocVelocity, its document-imaging business, to mortgage tech company Capsilon.
February 14 -
Wells Fargo's mortgage unit is terminating a joint venture with investment firm Edward Jones and closing an office in the Minneapolis area.
February 14 -
QCR will pay roughly $20.1 million in cash and stock for the $290 million-asset Community National. The consideration is 70% stock and 30% cash. The companies expect to complete the deal in the second quarter.
February 14 -
Minden Bancorp (MDNB) in Minden, La., is set to begin its third repurchase plan since becoming a public company two years ago.
February 13 -
Citizens First (CZFC) in Bowling Green, Ky., is nearly two-thirds of the way to exiting the Troubled Asset Relief Program.
February 13 -
Huntington Bancshares (HBAN) plans to upgrade hundreds of its automated teller machines to add image-capture technology, and will roll out mobile deposit later this year.
February 13 -
The deal announced Tuesday follows the collapse of the bank's planned merger with C1 Bank.
February 13 -
OptimumBank Holdings in Ft. Lauderdale, Fla., has hired a veteran banker as its chief executive. The $150 million-asset company said Tuesday that it had hired Timothy Terry.
February 12 -
The Freedom Bank of Virginia is planning to cash in on the anticipated consolidation of government contractors.
February 12
