Superior Bancorp in Birmingham, Ala., has named C. Marvin Scott as its chairman and chief executive and Rick Gardner as its president.

Kondaur Capital, which a month ago slashed its loan workout staff by nearly 40%, hired Mark Ferrara as managing director of its newly formed community banking group.

A Kansas thrift has teamed up with Bankers Portfolio to refinance underwater mortgages where investors have agreed to take principal writedowns that meet FHA requirements.

FDIC chairman Sheila Bair received not one but two standing ovations from the ICBA, a week after she was heckled by members of the industry's other main trade group.

Two former officers of a failed Georgia bank have been indicted on conspiracy and fraud charges, the Justice Department said in a release Monday.

SAN ANTONIO – Air Force FCU opened a new branch in Del Rio yesterday, the $335 million credit union’s first new branch in nine years and first outside of San Antonio.

The $958.3 million-asset company named Bruce Boyea a director. Boyea is the chairman, president and chief executive of Security Mutual Life Insurance Co. of New York.

Coastal Banking Co. of Beaufort, S.C., reported late Friday that its net loss shrank to $2.3 million in the fourth quarter from $11.9 million a year earlier.

Hancock Holding Co. in Gulfport, Miss., said Monday that it began a $200 million public offering that would help it redeem an acquisition target's Treasury Department funds.

Centrue Financial Corp. of St. Louis late Friday reported a wider fourth-quarter loss of $39.2 million, largely as a result of a charge from goodwill impairment and a deferred tax asset adjustment.

Data on failed banks sold in the first 10 weeks of the year hints at a broader shift toward buyers going it alone.

Groups affiliated with Gerald J. Ford and Robert M. Bass have agreed to put money into troubled thrift SWS Group in Dallas.

The Federal Trade Commission said Monday it has issued its 33rd annual report to Congress describing the agency’s law enforcement and other efforts to protect consumers from unfair, deceptive and abusive debt collection practices.

Encore Capital Group Inc., a consumer debt buyer, unveiled Monday a "Consumer Bill of Rights" - a document to "codify the company's commitment to conduct business ethically, engage in respectful and constructive dialogue with consumers, and play a positive role in consumers' financial recovery."

Stonegate Bank in Fort Lauderdale, Fla., has completed its acquisition of Southwest Capital Bank of Fort Myers, Fla.

EAST LANSING, Mich. – Michigan State University FCU opened a new branch last week with the help of local tax breaks at the former Dimitri’s Restaurant in nearby Lansing.

PENSACOLA, Fla. – Navy FCU is negotiating to purchase 240 acres at Escambia County’s 4-H Center which would be used to expand the credit union’s massive 52-acre call center, the biggest credit union facility in the world.

Old Second Bancorp Inc. in Aurora, Ill., said its bank expects further regulatory scrutiny after it was unable to fully comply with a memorandum of understanding.

Sun Bancorp Inc. in Vineland, N.J., should have an additional $70 million of capital in its coffers this week, although the new money will come at a discount.

NASA Federal Credit Union is making arrangements to offer members skip-a-payment loans and other relief in case the continuing budget impasse in Congress causes a federal government shutdown.