Chris Cumming

Equifax has released a tool that lets banks compile different collateral-valuation models and rank them based on accuracy.

Pacific Commerce Bank in Los Angeles has satisfied enforcement orders imposed by state regulators, but it still has more work to do.

Trustmark in Jackson, Miss., has bought two branches from SOUTHBank in Huntsville, Ala.

WSFS Financial Corp. in Wilmington, Del., has agreed to buy the mortgage banking company Array Financial Group in Haverford, Pa.

HomeStreet in Seattle plans to buy two small Washington lenders for a total of $37.3 million.

Tri-County Financial Corp. in Waldorf, Md., will change its name to Community Financial Corp.

Cardtronics has launched a branding initiative that lets up to ten banks put their logos on a single ATM.

Synovus Financial (SNV) in Columbus, Ga., has redeemed its Troubled Asset Relief Program shares after raising cash in two stock offerings.

The Federal Deposit Insurance Corp. took seven enforcement actions and freed 13 banks from orders in June, according to a list of regulatory actions released Friday.

SVB Financial Group (SIVB) in Santa Clara, Calif., benefited from higher lending income and investment gains last quarter.

Quarterly profit of Investors Bancorp in Short Hills, N.J., rose 20%, as acquisitions led to higher lending income.

U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.

Bank of Marin Bancorp in Novato, Calif., has completed its search for a new chief financial officer.

E-Trade Financial Corp (ETFC) recorded a large loss in the quarter that ended June 30 after management decided to solicit buyers for its market-making unit.

Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.

Fiserv has made an accounting application available in its online risk-management portal.

Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.

The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.

United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.

Bank of America has added two veteran bankers, Clayton Rose and Pierre de Weck, to its board of directors.