DENVER – Bellco CU opened its newest metro Denver branch yesterday in Sloan’s Lake and is opening an additional branch next Monday in Englewood.

Prosperity Bancshares (PB) in Houston has agreed to buy Coppermark Bancshares in Oklahoma City, Okla., for $193.9 million in cash and stock.

The $5.8 billion-asset holding company of Chemical Bank in Midland, Mich., said Monday it has completed its $8.1 million purchase of 21 branches from Independent Bank (IBCP) in Ionia, Mich.

Banks will have adjustments to make in residential lending next year even though the housing recovery will continue, according to an economic forecast issued Monday.

The jump in Bank of America’s Basel III capital ratio in the third quarter reflected favorable moves in rates and credit spreads, not retained earnings.

Business activity in the banking sector accelerated slightly in October, rising for the fifth straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

The $1.2 billion-asset First Business said Monday that it sold 1.1 million shares of common stock at a price of $23 a share. First Business said recently that it would use proceeds from the sale to redeem some of its subordinated debt and to fund growth.

The $1.75 billion-asset company disclosed late last week that its purchase agreements with ValStone Partners, a private-equity firm in Michigan, had been terminated. Calls to Capitol (CBCRQ) and ValStone were not immediately returned.

Bob Kottler, an executive at Iberiabank, hopes the Consumer Bankers Association can help shape the agency’s rulemaking process in 2013.

In the first of the FDIC's 39 suits against bank executives, it has won a jury verdict declaring three former IndyMac executives breached their fiduciary duties by lending recklessly to home builders during the housing boom.

The Senate is scheduled to vote Tuesday on a bill that would extend a crisis-era program that guarantees certain business accounts.

Todd Park is hardly a civil service Yes man. He's a presidential scholar with a Harvard degree and two successful start-ups under his belt.

The money a household has to deposit into a bank account would decrease by an average of almost 55% if U.S. tax cuts are allowed to expire, an analysis from Market Rates Insight found.

HSBC (HBC) is overhauling its unit that oversees compliance with laws designed to deter financial crime, and putting a former Treasury Department official in charge of it.

Congressional approval for a two-year extension would, among other things, prevent more uncertainty, minimize deposit concentration and maximize financial stability.

Ameris Bancorp (ABCB) in Moultrie, Ga., has announced a streamlining plan that includes closing or selling about 20% of its branches.

A Chicago pension fund wants the banks to pay for losses on mortgage-backed securities because of their trustee roles, but the banks argue any blame lies with others.

Housing advocates say a gap has opened between the relief the five big mortgage servicers agreed to provide under a $25 billion settlement and what borrowers are seeing on the ground.

CapStar Bank in Nashville, Tenn., has hired a former executive at Bank of America as its chief financial officer.

Alliance Bank in Syracuse, N.Y., has warned that almost 100 jobs would be eliminated after its merger with NBT Bank next year.