The California company has a growing international operation due to its focus on venture capital and technology companies.

CLEARWATER, Fla. – Achieva CU, which is preparing to move to nearby Dunedin, has sold its 26,450-square-foot offices here for $2.8 million.

Regulators shuttered four banks Friday evening — totaling $676 million of assets — that combined are estimated to cost the Federal Deposit Insurance Corp. about $80 million.

In interviews with two dozen bankers, regulators and outside experts, most point to a significant improvement between how bankers and examiners interact.

Activist investor Joseph Stilwell has stepped up his campaign to oust the chief executive at First Financial Northwest (FFNW) in Renton, Wash.

The non-profit group said four of the top 12 banks including BB&T Corp., HSBC Finance Corp., Regions Financial, and Capital One Financial Corp. did not disclose the size of overdraft penalty fees in writing either on checking account home pages or on the Web pages describing specific accounts.

ServisFirst Bancshares of Birmingham, Ala., is expanding its correspondent banking business into Tennessee and Georgia with the addition of two new executives.

A number of state officials are trying to move deposits to community banks, though it is unclear if smaller institutions have the capacity or regulatory blessing needed to hold the funds.

No, the merger wave isn't here, but it has to start somewhere. Data through May 31 shows a foundation to build on once uncertainties about U.S. elections and European economy ease.

A second director at the troubled Atlantic Coast Financial (ACFC) has resigned due to concerns about how the Jacksonville, Fla., company is run.

Ameris, BancFirst and BankUnited all allowed investors to decide how often they wanted to vote on executive compensation. The results from those annual meetings might encourage other banking companies to do the same next year.

"I wouldn't want to be buying a foreclosure, then have the title examiner find that a robo-signer had participated in the process," says Massachusetts' register of deeds.

Bank of America (BAC) will lay off 675 employees at two offices in Fort Lauderdale, Fla., as part of the bank's broader plan to reduce its head count.

ViewPoint Bank in Plano, Tex., is selling its home lending unit to a Dallas-based nonbank lender as part of its continued shift from a thrift to a commercial bank.

Europe's banking industry needs to shrink its balance sheets to improve capital structure, said JP Morgan Chief Executive James Staley Friday.

The New Jersey bank offers cheap mortgage refis, but their fine print means that some customers end up paying additional interest or taxes — and complaining about the extra costs.

The Mississippi bank quietly cut a deal in Arkansas that could undercut class action claims in Florida and save it millions. An appeals court is reviewing the controversial legal strategy.

U.S. consumer borrowing rose less than expected in April, as Americans cut back on the use of revolving credit.

John Medlin Jr., the longtime chairman and chief executive at Wachovia Corporation and one of the most respected bankers of his generation, died Thursday, according to news reports. He was 78.

Two prominent Democrats — Sen. Richard Durbin and Rep. George Miller — asked the Consumer Financial Protection Bureau to examine fees charged to college students who receive financial-aid disbursements on their debit cards.