Polonia Bancorp in Huntingdon Valley, Pa., has finished its stock offering and second-step conversion to a stock-owned company.

Privately owned banks do not report to the SEC, but they can face challenges if they need capital. This list looks at banks with a physical retail presence and stock that cannot be readily traded on a stock exchange.

TandemMoney won praise for making its small-dollar credit offering conditional on borrower savings. Critics saw its product as just another payday loan. Scrutiny from regulators did the company in.

American International Group (AIG), which stands to join a list of financial institutions deemed too big to fail, may be looking to unload its thrift unit.

Investors Bancorp (ISBC) will cut 31 jobs at Marathon National Bank of New York, about a month after it completed its acquisition of the formerly Greek-owned bank.

The terms 'unbanked' and 'underbanked' perpetuate the erroneous notion that everyone needs a bank account and inhibit discussion of better ways to serve the financial needs of non-traditional consumers.

Sun Bancorp in Vineland, N.J., has lured a veteran financial executive from Customers Bancorp in Wyomissing, Pa., hiring Thomas R. Brugger as the CFO of its Sun National Bank subsidiary.

Fred Rowden, the chief executive of 1st Capital Bank in Monterey, Calif., has died.

Comparable store growth is the core of any great retailer. If you cannot grow your existing stores, you do not deserve to expand.

Banks shouldn't go to extremes to make up for declining earnings, Comptroller of the Currency Thomas Curry said Friday.

The board of 1st Mariner Bancorp has withdrawn from a long delayed securities purchase agreement with a New York investment firm that would have injected badly needed capital into the Baltimore company.

First Citizens BancShares (FCNCA) in Raleigh, N.C., postedlower third-quarter profit from the same period last yearafter recording a gain from an acquisition.

Strike Debt, a movement that emerged from the Occupy Wall Street movement, announced plans Friday to stage a variety show and telethon to raise money to buy and cancel consumer debt.

The ruling was quickly hailed by financial institutions, but panned by one of the nation’s largest retail trade groups.

CVB Financial in Ontario, Calif., announced Friday that co-founder John Borba would retire from its board on Nov. 30.

Small banks won a critical battle Friday as regulators agreed to indefinitely delay implementation of Basel III until various issues with a proposal can be resolved.

The looming fiscal cliff has spurred Southside Bancshares of Tyler, Tex., to pay out more of its profits to shareholders.

Fed Gov. Elizabeth Duke said heightened burden from Dodd-Frank and Basel rules could make mortgage lending a less viable option for community banks, which make up a "significant" portion of the market.

Stifel CEO Ronald Kruszewski and KBW CEO Thomas Michaud discuss how the two investment banks complement each other and give their outlook on bank M&A.

A lawsuit that charges Bank of America’s (BAC) Merrill Lynch unit with misleading mortgage investors will be permitted to proceed, a federal judge in Manhattan has ruled.