Regulators have ordered Sunwest Bank in Tustin, Calif., to improve its compliance with the Bank Secrecy Act.

Carver Bancorp Inc. in New York said Monday that one of its units has received $25 million in tax credits to spur investments in low-income communities.

Flagstar Bancorp Inc. in Troy, Mich., on Monday announced several additions to its executive team.

JACKSONVILLE, Fla. – VyStar CU said yesterday it has signed with Cardtronics to place its brand on Cardtronics-owned ATMs in 10 Walgreens stores located in Alachua County in northeastern Florida.

Some bankers might say credit quality is the biggest challenge when taking over a bank. But for many the biggest is dealing with the people they inherit.

A host of providers are offering small banks a way to share knowledge on a wide range of topics where information does not necessarily create a competitive advantage.

WASHINGTON — Regulators seized the $124 million-asset Valley Community Bank in St. Charles, Ill., late Friday in the 23rd bank failure of the year.

Michigan First Credit Union, the latest credit union to launch a Young & Free marketing campaign, is searching for a "spokester." The Young & Free campaign was designed by Currency Marketing of Chilliwack, British Columbia.

BankAtlantic Bancorp must raise more capital, limit the growth of its brokered deposits and make other improvements under an agreement with the Office of Thrift Supervision.

Heritage Financial Group Inc. of Albany, Ga., said Friday that it has shuffled its management and brought on a new executive to further its expansion strategy.

Though more information is a step in the right direction, analysts said, the discretion given banks in satisfying the rules may undermine attempts at transparency.

WASHINGTON — Regulators seized the $124 million-asset Valley Community Bank in St. Charles, Ill., late Friday in the 23rd bank failure of the year.

BankAtlantic will have to raise more capital, limit the growth of its brokered deposits and make other improvements under an agreement with the Office of Thrift Supervision.

Wilmington Trust Corp. said Thursday that a unit has entered into a supervisory agreement with regulators requiring it to boost capital and reduce bad loans.

Pentagon Federal Credit Union in Alexandria, Va., has announced that it plans to open at least 10 PenFed Realty offices, boosting employment by up to 1,000 agents by yearend.

United Community Banks Inc. in Blairsville, Ga., said Thursday that its board has adopted a tax benefits preservation plan to protect the company from any unintended ownership change.

DUPONT, Wash. – Community 1st CU opened its new main offices and branch here, a few miles from its current home in Tacoma. The 17,000 square-foot building houses the administrative staff and management team of the $120 million credit union, and a new branch. Community 1st was chartered in 1925 as Seattle Postal Employees CU and is the state’s first and oldest credit union.DUPONT, Wash. – Community 1st CU opened its new main offices and branch here, a few miles from its current home in Tacoma.

Crescent Financial Corp. in Raleigh, N.C., said late Wednesday that it is selling a majority stake to a bank holding company in return for a $75 million investment.

Iberiabank Corp.'s agreement to buy the much smaller Omni Bancshares in Metairie, La., would the Lafayette, La., bank's first deal in Louisiana in seven years and its first unassisted bank purchase since 2007.

Diebold Inc. announced Thursday that Union Square Federal Credit Union has chosen it for monitoring and other services.