After its $730 million recapitalization, Sterling Financial reported third-quarter net income to common shareholders of $33.6 million.

Renasant Corp. in Tupelo, Miss., reported that its third-quarter net income rose more than 363% from a year earlier, largely because of a huge gain on the purchase of a failed bank.

Add Capitol Bancorp Ltd. to the list of companies whose recapitalization efforts have been complicated by debtholders who are unwilling to budge.

KENNEWICK, Wash. – In one of the more ambitious moves in student-run branches in recent years, Gesa CU has opened new branches in three local high schools.

Peyton Patterson, the CEO of NewAlliance Bancshares, announced she will leave the company after it is acquired by First Niagara Financial early next year.

The third-quarter performance of small and midsize banks in California — long a bellwether for the nation's community institutions — has given rise to some optimism.

Stephen P. Wilson was elected chairman of the American Bankers Association during its annual convention Tuesday in Boston.

An online marketer that falsely claimed ties to Google Inc. has been forced to stop operations as part of a Federal Trade Commission action that charged the defendants with marketing an allegedly bogus work-at-home scheme and charging hidden monthly fees to consumers’ credit card and bank accounts.

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San Diego Trust Bank Monday announced its 24th consecutive quarterly profit, reporting third-quarter earnings of $218,000, up 30% from a year earlier.

Farmers and Merchants Bank of Long Beach in California announced Monday that third-quarter earnings rose more than 10% from a year earlier.

Patriot National Bancorp Inc. of Stamford, Conn., announced late Friday that it had received a $50 million capital infusion from PNBK Holdings LLC to recapitalize its bank.

Bank of Lincoln County in tiny Elsberry, Mo., had just $35.7 million of assets when Nancy and Bill Laurie bought it in 2007. On Friday the bank, re-named Providence Bank, pulled off its biggest feat yet in picking up a failed bank more than five times its size, following a $75 million capital injection from the Lauries.

After receiving reports from the country's largest mortgage servicers on their foreclosure procedures, regulators are teaming up to double-check the findings.

PULLMAN, Wash. – Potlatch No. 1 FCU will introduce a branch in a new Wal-Mart Supercenter here, scheduled to open Oct. 27.

The Office of Thrift Supervision has put a halt to Meta Financial Group Inc.'s tax-refund-anticipation loans.

Webster Financial Corp. in Waterbury, Conn., Friday announced that it posted earnings of $22.7 million in the third quarter, compared with a loss of $19.25 million a year earlier.

Neighboring community banks recently have been making deals with local competitors before out-of-market buyers get interested.

Neighboring community banks recently have been making deals with local competitors before out-of-market buyers get interested. Though the pace of open-bank deals among community banks has picked up generally, analysts have noticed a shift back to unions between in-market or neighboring bank companies.

Fair Debt Collection Practices Act (FDCPA) lawsuits spiked to 441 in the Sept. 16-30 period, compared to 390 in the first half of September, according to data from U.S. District Courts. The number of consumer statute lawsuits in the second half of the month totaled 481, up from 421 in the prior reporting period. The total includes 59 Fair Credit Reporting Act (FCRA) lawsuits and 26 Truth-in-Lending Act cases.