Aiming to boost its sagging stock price, Hanmi Financial Corp. has completed a one-for-eight reverse stock split that will reduce its number of shares outstanding by 87%, to 31.5 million.

WASHINGTON — Bank regulators announced Monday higher thresholds for reporting requirements under the Community Reinvestment Act, after adjusting for inflation.

In what is probably the last night for bank collapses in 2011, regulators closed banks in Florida and Arizona, bringing the year's failure tally to 92.

The Federal Reserve Board on Friday approved the sale of EuroBank in Coral Gables, Fla., to a pair of Brazilian buyers.

West Coast Bancorp Inc. in Lake Oswego, Ore., has added a director to its board with ties to a investment firm that participated in the company's 2009 private placement.

About a third of the institutions with the 25 highest ratios of foreclosed properties to tangible equity at Sept. 30 have since failed. Simultaneous craters in capital and jumps in repossessed real estate were typical, as were high levels of soured construction and development loans.

Consolidation in the market has prompted Bridge to seek capital fast to fight back, the CEO says.

Oil extraction in western North Dakota has created a big economic spike in the region, but the area's community banks are also struggling to keep up with the growth.

Rather than just moving their money, protesters in San Francisco are seeking to build a credit union of their own.

Hudson City Bancorp Inc. said Friday that it has paid down $4.3 billion of high-cost debt in a move the company says will wipe out fourth-quarter profits but boost its net interest margin going forward.

Hampton Roads Bankshares Inc. in Norfolk, Va., has shuffled its management ranks and created several new divisions as it aims to regain its footing after suffering steep losses on real estate loans.

Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.

Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

ALEXANDRIA, Va. — NCUA announced this afternoon it awarded CO-OP Financial Services, the credit union-owned payments company, the right to acquire the assets of U.S. Central's Corporate Network eCom, the failed corporate’s online and mobile payments services.

Webster Financial Corp. in Waterbury, Conn., has promoted Chief Operating Officer Gerald P. Plush to president of the company and its Webster Bank subsidiary, effective immediately.

Legislation in the Senate could be key for small banks to deregister from the SEC.

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

The bank's core overhaul touches almost every area of the bank, from security to CRM to mobile.

The board of Capital City Bank Group Inc. in Tallahassee, Fla., has suspended its common stock dividend.

Ailing Palmetto Bancshares Inc. in Greenville, S.C., will shutter more branches and eliminate more jobs as it struggles to return to profitability.