Chris Cumming

EverBank Financial (EVER) in Jacksonville, Fla., has agreed to pay the Federal Deposit Insurance Corp. $48 million in connection with its purchase of the failed Bank of Florida in May 2010.

SunTrust Banks (STI) has agreed to sell RidgeWorth Capital Management, its asset management business, for $245 million.

Three collection companies used forged Wells Fargo (WFC) and U.S. Bank (USB) documents to recoup debts from defaulted borrowers, according to a complaint filed by Colorado Attorney General John Suthers.

Tom Meuser will leave the role at the end of the year, the Sacramento Business Journal reported Tuesday. George Cook, the bank's president, will succeed him.

Fifth Third Bancorp (FITB) in Cincinnati has renamed its wealth management unit.

Jacksonville Bancorp (JAXB) in Florida has filled its opening for a chief executive.

Bank of Hawaii (BOH) will reportedly delay its exit from American Samoa until the territory can recruit another bank.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., plans to cut about 18% of its workforce and close five branches after it buys Mission Community Bancorp (MISN) in San Luis Obispo, Calif.

IBM has agreed to buy a tech subsidiary from the Belgian financial firm Dexia, and has signed contracts with several major European financial institutions to manage their IT.

Fiserv has launched a system to help financial firms mitigate the risk of crime.

The chief financial officer of Brookline Bancorp (BRKL) in Boston plans to resign.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

The chief marketing officer of Wilshire Bancorp (WIBC) in Los Angeles has resigned after just three months in the role.

Colorado's top banking regulator — the only state supervisor to get overruled by the Federal Reserve Board on a failure — is retiring.

The $7.3 million-asset company said late Thursday that it will buy a professional-services practice from EBS-RMSCO, a Lifetime Healthcare unit, for an undisclosed price.

Metropolitan National Bank in New York is changing its name and ditching its national charter.

The Federal Reserve Board has ended a regulatory action against PathFinder Bancorp (PBHC) in Lake Oswego, N.Y.

The ongoing debate over community bank consolidation also extends to big shareholders. While most prefer to see deals, there are a few who argue that well-run banks can stay independent.

A group of First National Community Bancorp's (FNCB) current and former directors have agreed to pay $5 million to settle a shareholder lawsuit claiming that they failed to properly oversee risky practices.

A decision by Popular (BPOP) in San Juan, Puerto Rico, to reduce its stake in a former technology subsidiary could help it exit the Troubled Asset Relief Program.