An estimated 417 different collection agencies and creditors were sued between March 1-15, down from 444 in the Feb. 1-15 period, according to data from U.S. District Courts.

CVB Financial Corp. in Ontario, Calif., said late Monday that it had sold the vast majority of the problem loans related to what had been its largest borrower.

Lawrence Seidman, the activist investor who has waged a series of successful proxy battles to force banks to sell, has increased his holdings in a bank that can't sell itself for at least two years.

The Federal Deposit Insurance Corp. said last week it had issued prompt corrective action orders to four of Capitol's 24 banks, including its three largest, in February. The directive to each was clear: Sell stock to raise capital to adequate levels, or find a buyer.

TCF Financial Corp. of Sioux Falls, S.D., has hired Tom Finnegan.

DECATUR, Ala. – Family Security CU has acquired a branch building in Mobile that was vacated by banking failure Woodlands Bank.

CHAMBERSBURG, Penn. – Patriot FCU received approval from the local school board to open a student-run branch in Chambersburg Area Senior High School.

Toledo Urban Federal Credit Union, a 15-year-old community development credit union in Ohio, is asking the public for a helping hand, an unusual request to keep the struggling credit union alive.

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.