Renasant said the deal will increase its wealth management and trust assets under management and advisement to about $1.5 billion.

West Bancorp. In West Des Moines, Iowa, said late Wednesday that it exited the Troubled Asset Relief Program. The $1.3 billion-asset company said it was able to redeem $36 million in preferred stock without having to borrow any money or issue stock.

Macatawa Bank Corp. in Holland, Mich., has closed on a $10.25 million of common equity in public offering and now should have enough capital to satisfy its regulatory order.

BankAtlantic Bancorp Inc. continues to assert that it will be a survivor even after its latest effort to raise capital fell short of expectations.

The Federal Trade Commission on Wednesday told Congress that consumers must be confident that their privacy will be protected if they are to be willing to take advantage of all the benefits offered by the Internet marketplace.

Private-equity groups and other have investors have committed roughly $515 million to recapitalize the ailing First BanCorp in San Juan, P.R., setting the stage for the $15 billion-asset company to convert its preferred stock owned by the Treasury Department into common stock.

CenterState Banks Inc. in Davenport, Fla., has sold off a chunk of nonperforming loans in a deal that it says would free up capital that it could use for future expansion.

First PacTrust Bancorp in Chula Vista, Calif., said late Tuesday that it expects to raise about $31.5 million from selling common stock.

The struggling Anchor BanCorp Wisconsin reported a loss of $21.7 million for the quarter that ended March 31, narrowing losses by 27% from a year earlier.

First BanCorp struck a deal with Oaktree Capital Management L.P. for a roughly $175.5 million investment, marking the completion of the bank's effort to raise more than $500 million in fresh capital.

Acquiring banks have agreed to resolve the unpaid Tarp funds of target institutions, bringing the number of such deals to 16 with the vast majority taking place since mid-2010.

The $135 billion-asset company plans to use the branch to provide financing, syndicated lending and foreign-exchange trading, the Fed said in a press release Tuesday.

Lawmakers sided with community banks on Tuesday in expressing concern that a pending risk retention rule and other new regulations will soon drive small institutions from the mortgage business.

The Fed announced written agreements with four banking companies: Southern Community (N.C.), First Community (Texas), First Chatsworth (Ga.) and First National (Ala.)

Experian announced Tuesday that it has signed an agreement to acquire Medical Present Value Inc. (MPV), a provider of revenue cycle management software, data and analytics to more than 75,000 U.S. physicians, for $185 million. MPV's assets will immediately become a part of Experian.

Teletrack Inc. has agreed to pay $1.8 million to settle Federal Trade Commission charges that it sold credit reports to marketers, a violation of the Fair Credit Reporting Act (FCRA).

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Despite pleas by the credit union lobby, Gov. Scott Walker signed a state budget bill with a measure making it easier for credit unions to convert to banks.

Richard M. Riccobono, the former chief executive at the Federal Home Loan Bank of Seattle and one-time deputy director at the Office of Thrift Supervision, has landed a new job as the chief banking regulator in Washington State.

Cash-strapped Santa Lucia Bancorp in Atascadero, Calif., has called off its plan to raise capital through a stock offering because it has found a buyer instead.