The $126 million-asset company expects to be eligible to deregister because its common stock has fewer than 300 shareholders, according a filing Wednesday with the Securities and Exchange Commission.

Monarch Community Bancorp (MCBF) in Coldwater, Mich., has raised $16.5 million in a private placement that will allow it to exit the Troubled Asset Relief Program.

First Community Financial Partners in Joliet, Ill., has repurchased a large chunk of shares from private investors that acquired the shares from the Treasury Department's Troubled Asset Relief Program.

Carrollton Bancorp's main private-equity backer, Eric Hovde, the president and chief executive of the Hovde Private Equity Advisors, is joining its board.

BOK Financial (BOKF) has agreed to acquire GTRUST Financial, an independent trust and asset management company in Topeka, Kan.

Consumer advocates pressed the Consumer Financial Protection Bureau on Wednesday to crack down harder on credit card issuers despite recent regulations that largely curtailed hidden fees and predatory practices.

Hanmi Financial (HAFC) in Los Angeles has hired a handful of banking executives from rival Korean-American lender BBCN Bank (BBCN).

Two of the oldest nonprofit credit counselors plan to merge, in a move that would create the second-largest such organization in the U.S.

Georgia Commerce's agreement to buy Brookhaven Bank in Atlanta is a sign that it is becoming more financially advantageous to sell out instead of raising capital, especially in a recovering market like Georgia's.

Federal Reserve Board Chairman Ben Bernanke said Wednesday that U.S. regulators don't want to harm community bankers still ailing from the financial crisis.

For banks, the government shutdown is little more than an inconvenience so far. But they will surely feel its impact if it stretches on for days or weeks. Here's what they might expect.

Bank buyers should run potential deals by regulators early to avoid "landmines" and speed applications, officials from the Office of the Comptroller of the Currency say. Proper due diligence, succession planning and risk management are among the things they look for.

FirstBank in Lakewood, Colo., has announced plans to acquire a branch in Palm Desert, Calif., from El Paseo Bank.

New York Attorney General Eric Schneiderman plans to sue Wells Fargo (WFC) for violating the 2012 National Mortgage Settlement and has reached an agreement with Bank of America (BAC) to comply with several new mortgage servicing standards.

EL PASO, Texas – GECU introduced a new branching concept this week combining a credit union branch with a local tea and coffee café.

Fee waivers on overdrafts, forbearance are just some options banks are offering to federal employees who could soon miss a paycheck or two.

The $785 million-asset Georgia Commerce has agreed to buy Brookhaven Bank, the two companies announced Tuesday. The price was not disclosed.

Arkansas Attorney General Dustin McDaniel's office is suing companies believed to have colluded to offer illegal payday loans online while claiming to be affiliated with a Native American tribe to avoid legal action.

Capital One (COF) will pay nearly $3 million to settle discrimination charges against a bank it bought four years ago.

A third financial institution has come to an agreement with Freddie Mac to resolve claims that it issued problematic loans to the government-sponsored enterprise between 2000 and 2008.