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First Midwest Bank in Itasca, Ill., has hired longtime Chicago-area banking executive Mark G. Sander as its new president and chief operating officer.

Stearns has taken a scattershot approach to failed-bank deals that many observers believe to be a mere revenue play, not a franchise builder. But in Florida, it's ready to expand further.

Changes as a result of Dodd-Frank should allow banks easier access to new markets nationwide and likely result in increased competition and industry consolidation.

Bank of Georgetown in Washington, D.C., has raised more than $25 million in fresh capital that it will use to fund its continued expansion in the city and surrounding suburbs.

Small-business owners prefer bank loans over other forms of financing, but banks remain reluctant to lend due to pressure from their regulators, according to a survey released Monday by the Graziado School of Business and Management at Pepperdine University.

ACA International officials on Monday introduced "The Path Forward: A Blueprint for Modernizing America’s Debt Collection System" - a five-point plan it hopes will improve collections by reducing, preventing and better resolving consumer complaints.

Boston Private Bank & Trust has sold one of its four Seattle-area branches to fast-growing Heritage Financial Corp.

First Midwest Bank in Itasca, Ill., has hired longtime Chicago-area banking executive Mark G. Sander as its new president and chief operating officer.

FAIRBANKS, Alaska – Spirit of Alaska FCU opened its newest branch along the Johansen Expressway.

American 1 Federal Credit Union in Jackson, Mich., has agreed to acquire Premier Financial Credit Union of Clinton Township, Mich.

St. Mary's Bank, a credit union based in Manchester, N.H., has pledged to make $2.5 million in new funds available for low-income Home Loan Payment Relief mortgages, a subprime mortgage program that was developed by the Credit Union National Association.

Expectations had been high that 2011 would bring some serious moving and shaking among community banks. But the murky economy and regulatory uncertainty have discouraged buyers, turning them skeptical and picky.

Bank of New Jersey in Fort Lee has hired Paul A. Meyer as a senior vice president and commercial loan officer.

Having already raised $50 million in fresh capital this year, Seattle Bank announced this week that it has received another $12 million from investors that its chief executive officer said the once-ailing bank would use to accelerate its growth plan.

MB Financial Inc. in Chicago is looking to looking rid itself of its asset-quality problems in one fell swoop.

Having already raised $50 million in fresh capital this year, Seattle Bank announced this week that it has received another $12 million from investors that its chief executive officer said the once-ailing bank would use to accelerate its growth plan.

MB Financial Inc. in Chicago is looking to looking rid itself of its asset-quality problems in one fell swoop.

Malhotra and his business partner, Yaron Ben-Zvi, Gratio's chief operating officer, got some powerful validation on Thursday, as nearly 300 attendees of the sixth Annual Underbanked Financial Services Forum in New Orleans selected GoalMine as the winner of the Core Underbanked Innovators Challenge.

TrustCo Bank Corp. in Glenville, N.Y., plans to sell 13.6 million shares of stock in a public offering.