Community Bank System Inc. in DeWitt, N.Y., said Monday that it has received shareholder and regulatory approval to acquire Wilber Corp.

Chemung Financial Corp. in Elmira, N.Y., has cleared one of the final hurdles in its bid to buy Fort Orange Financial Corp. in Albany, N.Y.

Home Federal Bancorp Inc. in Nampa, Idaho, is reorganizing, along with its thrift, into a state-chartered bank.

When two tiny banks merge to form a slightly less tiny bank, which institution really reaps the efficiencies: the merged entity — or a larger acquirer down the road?

Minnesota Attorney General Lori Swanson alleged in a legal action filed Monday that Midland Funding LLC defrauded consumers and the courts by filing false "robo-signed" affidavits to try to prove that consumers owed debts.

BankUnited of Miami Lakes, Fla., has promoted F. Gerard Litrento to senior vice president of retail banking.

RALEIGH, N.C.-After installing video teller systems in nearly all of its 15 branches, Coastal Federal Credit Union here is moving to now be open seven days a week.

MIAMI-As part of its strategy for reaching out to the un- and underbanked, Self Help FCU has opened a "micro branch" in east San Jose, Calif.

In at least one important respect, the term "collections" is a bit of a misnomer.

The special inspector general for Tarp will wrap up his two-year-plus tour on Wednesday, and he has nothing good to say about Treasury's implementation of the $700 billion bailout.

PORTSMOUTH, N.H. – Service CU last week said it has received approval to begin construction on a 100,000-square-foot office building that will house its administrative staff.

The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.

WASHINGTON — The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.

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Private Bank of the Peninsula in Palo Alto, Calif., said Friday it has changed its name to Avidbank.

Credit unions in Arizona, Colorado and Wyoming have voted to combine their three state credit union leagues, the latest consolidation of state trade associations.

PVF Capital Corp. in Solon, Ohio, has retired a five-year-old debt that will save the company $2.5 million a year.

Credit Union of Atlanta has named Sheilah Montgomery, the former president of 1st Choice Credit Union, as its president and chief executive.

Southern Community Financial Corp. in Winston-Salem, N.C., has revised its Dec. 31 results downward to reflect an addition to its valuation allowance against deferred tax assets.