Amalgamated Bank in New York has named Edward Grebow, a former private-equity firm executive, as its president and chief executive.

Abington Bancorp Inc. in Jenkintown, Pa., has settled a shareholder lawsuit alleging that officers and directors had breached their fiduciary duty when they agreed to sell the company to Susquehanna Bancshares Inc. for $273 million in stock.

United Community Bancshares in Blairsville, Ga., has not reported a profitable quarter since mid-2008, but its CEO said Thursday he expects that to change starting this quarter.

Iberiabank Corp. in Lafayette, La., reported Tuesday that first-quarter earnings rose 12.6% from a year earlier, to $14.6 million, despite $1 million in acquisition costs.

Cullen/Frost Bankers Inc. in San Antonio said Wednesday that first-quarter earnings rose 8.6% from a year earlier, to $52 million.

Sterling Bancorp said the Treasury Department has approved its exit from the Troubled Asset Relief Program. On Wednesday Sterling redeemed all $42 million of preferred stock tied to Tarp.

First Financial Bankshares Inc. in Abilene, Texas, is planning a three-for-two split of its common stock. The $3.83 billion-asset company said the split will take the form of a 50% stock dividend, which it will distribute on June 1 to shareholders of record on May 15.

Put two ailing banks together and conventional wisdom dictates you might have twice the problems. You might also have a very attractive target for private equity.

NASHVILLE, Tenn. – US Community Credit Union is opening a branch at McGavock High School this fall that will be operated by students in the school’s hospitality and finance academy and cater to other McGavock students and faculty.

HOUSTON – Cardtronics, the nation’s leading ATM operator, said yesterday it signed with Wegmans Food Market to place ATMs in 77 supermarkets in New York, Pennsylvania, New Jersey, Virginia and Maryland.

Sterling Bancorp in New York reported Tuesday that first-quarter earnings rose 71% from a year earlier, to $3.3 million. The $2.39 billion-asset company's loan-loss provision was halved from the first quarter of 2010, to $3 million.

BancorpSouth Inc. in Tupelo, Miss., reported a first-quarter loss because of higher credit costs and a decline in mortgage-related revenue.

Vensure Federal Credit Union in Mesa, Ariz., taken under conservatorship by the National Credit Union Administration two weeks ago, claimed that the NCUA knew all along that it was processing online bets for the two biggest poker websites.

"Capital at the bank has been extremely consistent quarter after quarter," Levan notes. But now with the parent company's equity position negative, time is running out on BankAtlantic.

TEXAS CITY, Texas – AMOCO celebrated the opening of its newest full service ATM located at Alvin Community College in the Student Center.

MIAMI – American Airlines FCU on Thursday will celebrate the opening of its newest branch at the Miami International Airport Maintenance facility, the credit union’s second branch at the airport.

UMB Financial Corp. in Kansas City, Mo. reported earnings of $30.9 million in the first quarter, up 17.9% from a year ago, as noninterest income soared following the acquisition of two advisory firms last year.

Fueled by strong loan growth and record deposit growth, Signature Bank in New York is coming off its most-profitable quarter in its 10-year history.

Where is the threat to the survival of independent community banks — other than increased opportunity to sell out at higher prices, which will continue to make many disappear?

Shares of Wilshire Bancorp plunged early Tuesday after the Los Angeles company announced that it lost $52.1 million, or $1.77 per share, in the first quarter.