Patriot National Bancorp Inc. in Stamford, Conn., said Thursday that a turnaround plan it implemented last year helped it narrow its net loss by 36%, to $15.4 million.

There is growing consensus that the focus should be moved from a rigid definition of the means of gathering deposits to the characteristics of the deposits themselves.

The OCC and Fincen issued a $7 million civil money penalty against Pacific National Bank of Miami for Bank Secrecy Act violations and failing to comply with a previous order.

Veritex Holdings Inc. in Dallas has completed its purchase of Fidelity Bank, marking its second deal to close since raising $45 million.

FORT MILL TOWNSHIP, S.C. – Family Trust FCU broke ground here for a new branch that will be part of the Springfield Town Center.

Hidden River Credit Union, which serves mostly school districts, is expanding its reach. The Pottsville, Pa., credit union has been approved by state regulators to convert to a community charter, allowing it to serve the 150,000 residents of surrounding Schuylkill County.

Bogota Savings Bank in Teaneck, N.J., has hired Brian McCourt as its chief financial officer. The $370 million-asset thrift said in a press release Wednesday that the CFO responsibilities were previously handled by Joseph Coccaro, who is also its president and chief executive.

First Midwest Bancorp Inc. in Itasca, Ill., has added a director. The $8.15 billion-asset company said that Peter Henseler, the president of toymaker RC2 Corp., had joined its board.

State regulators have approved an application from OnPoint Community Credit Union in Portland, Ore., to add Crook and Jefferson counties in central Oregon to its field of membership.

The Federal Reserve made public two written agreements for bank holding companies dealing with high levels of credit problems at their bank units.

Embarcadero Bank said late Tuesday that it has agreed to buy Coronado First Bank. The Coronado, Calif., banks will merge in a deal valued at $9.3 million, or $6.30 a share, according to a press release.

Wilmington Trust Corp. said Tuesday that a majority of its shareholders approved the company's sale to M&T Bank Corp. in Buffalo, N.Y.

Speaking at the annual ICBA convention, Ben Bernanke assured community bankers the Fed will attempt to protect them as it finalizes its rule capping debit interchange fees.

Credit unions have increasingly used a marketing campaign that combines social media with contests to find young, media-savvy spokespeople. Can banks mimic their success?

The operator of a defunct money-making scam has agreed to settle a federal court judgment the Federal Trade Commission obtained against him in 2007 for falsely claiming his “wealth building” program would teach consumers how to make substantial income in a short time by buying and selling privately held mortgages.

The Federal Deposit Insurance Corp. will no longer apply a rate just to an institution's domestic deposits, instead capturing the entire funding base.

PENSACOLA, Fla. – Florida Gov. Rick Scott will join officials of Navy FCU for Friday’s grand opening of the 224,000-square-foot Building 4 of the credit union’s huge call center here.

Reissued consent orders are longer and far more detailed, with higher capital ratio standards, despite improvements banks have already made.

Sun Bancorp Inc. in Vineland, N.J., said it raised about $81 million in net proceeds from a recent public offering.

People's United Financial Inc., which recently entered mortgage warehousing, has amassed credit applications for almost $500 million, according to a company executive.