Kristin Broughton

Poage Bankshares in Ashland, Ky., has agreed to acquire Commonwealth Bank in Mount Sterling, Ky.

A federal judge has dismissed an attempt by the New York Bankers Association to block a New York City law requiring an evaluation of community investments made by banks holding the city's deposits.

Fifth Third Bancorp in Cincinnati, Ohio, has named Michelle Van Dyke as president of its mortgage division.

MoneyGram has acquired the assets of Nexxo Financial, a money transfer and prepaid technology provider in Burlingame, Calif.

MoneyGram has acquired the assets of Nexxo Financial, a money transfer and prepaid technology provider in Burlingame, Calif.

SB Financial in Defiance, Ohio, has redeemed $10.3 million in trust-preferred securities, in an effort to lower its interest-related expenses.

BB&T has agreed to buy the Bank of Kentucky for $363 million in cash and stock. The acquisition would allow the $188 billion-asset BB&T to expand in the northern Kentucky and Cincinnati region, where the $1.9 billion-asset Bank of Kentucky operates 32 branches.

National Penn Bancshares in Allentown, Pa., plans to raise $100 million through a debt offering.

Ted Strauss, a Dallas entrepreneur who helped establish two of the city's most-prominent banks, died Friday morning.

Kearny Financial in Kearny, N.J., has adopted a plan to convert to a public stock company.

First Niagara Financial Group in Buffalo, N.Y., has consolidated several consumer-banking business lines into one department.

Intervest Bancshares in New York has officially exited the Troubled Asset Relief Program.

FIS, a banking technology and consulting company, has agreed to buy Clear2Pay, a payment processor, for approximately $493 million.

Jane Thompson, the former head of the financial services division at Wal-Mart Stores, has joined the board of OnDeck, a small business lending company in New York.

An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.

An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.

Citigroup has agreed to sell its remaining 41 branches in Texas to BB&T, in an ongoing effort to trim its branch network.

FIS, a banking technology and consulting company, has agreed to buy Clear2Pay, a payment processor, for approximately $493 million.

Home Depot is working with financial institutions and law enforcement agencies to investigate a potential theft of its customers' credit and debit card information.

Home Depot is working with banks and law enforcement agencies to investigate a potential theft of its customers' credit and debit card information.