Bank of Virginia in Midlothian, Va., has named a new senior vice president of operations as it launches a $40 million commercial lending effort.

First Security Group Inc. in Chattanooga, Tenn., has named a former executive of the failed Integra Bank Corp. as chief executive of its banking unit, FSGBank N.A.

Southern Community Financial Corp. in Winston-Salem, N.C., has split the roles of chairman and chief executive.

Republic Bancorp in Kentucky said in a regulatory filing Friday that it has settled its months-long battle with the Federal Deposit Insurance Corp. over its controversial refund anticipation loan product.

CUNA says now that membership for credit unions grew by only a third of what it originally projected for the weeks before Bank Transfer Day.

Looking to bulk up in affluent Orange County, California United Bank in Encino announced Friday that it is buying the $450 million-asset Premier Commercial Bancorp in Anaheim for $38.1 million in stock.

Prosperity Bancshares Inc. in Houston has struck its second deal in three months, announcing Friday that it is buying East Texas Financial Services Inc. in Tyler in all-stock deal.

Young, tech-savvy adults may be the quickest to embrace new technology, but don't bet on them trusting social media sites or funky startups with their cash. Banks win out easily, at least for now.

A new watch model available in the U.K. allows users to make contactless payments with a flick of the wrist. In time, it may come to the U.S.

Center Bancorp Inc. in Union, N.J., said Thursday that it repurchased warrants it issued to the Treasury Department as part of the Troubled Asset Relief Program.

Want to defuse disgruntled customers and Occupy protesters across the country? Perhaps bankers should consider the power of a well-timed juicy cut of beef. At least that's the advice of Peter Shankman, founder and chief executive of social media firm the Geek Factory.

The management of the newly formed BBCN Bancorp believe delayed approvals helped Nara Bancorp and Center Financial better prepare for their merger.

U.S. Bancorp and Fifth Third are eyeing small deals that would make them bigger players in markets they are already in, executives say. It sounds like a good idea for them and others, but will banks stick to it?

Word had leaked (ha, ha) that Coca-Cola had removed its secret formula from its longtime home, a SunTrust vault. Coke on Thursday quelled the speculation about where it's going — its own museum. Though more publicity stunt than material change, the move underscores how modern times are reshaping the historic bonds between the beverage giant and its bank.

The Federal Reserve Board said Thursday that it had approved Brookline Bancorp Inc.'s acquisition of Bancorp Rhode Island Inc. in Providence, R.I.

The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.

Cardtronics has agreed to replace the ATMs deployed at National Lumber & Hardware locations in Puerto Rico.

Fiserv has inked an agreement with Sunrise Community Banks to provide processing services for general-purpose reloadable prepaid debit and gift cards.

U.S. credit card delinquency rates, riding at their lowest levels in 17 years, likely will decline further next year as consumers continue to make on-time payments and maintain relatively low account balances, according to a new forecast.

Peoples Bancorp of North Carolina Inc. in Newton said that Tony Wolfe, its longtime president and chief executive, will retire late next year.