Century Bancorp Inc. of Medford, Mass., said its third-quarter net income rose 2.7% year over year, to nearly $3.3 million.

Under the agreement, Cheviot will buy First Franklin shares for $14.50 apiece — an 85% premium to Tuesday's closing price. The stock was last at the offer price three years ago.

FARMINGTON, Mich. – LOC FCU opened its 16th in-school branch at Hillside Elementary School in Farmington Hills.

Union First Market Bankshares said Tuesday that it has completed the integration of two affiliate banks, making it the largest community bank in Virginia.

As part of its effort to increase capital ratios, Capitol Bancorp said Friday that it had agreed to sell its 1st Commerce Bank subsidiary.

Bank of South Carolina Corp. reported a sixfold year-over-year increase in third-quarter net income, to $821,601.

Berkshire Hills Bancorp has agreed to acquire Rome Bancorp for about $74 million in cash and stock, as the Massachusetts bank looks to grow its presence in New York.

Nine months after proposing the idea, the Obama administration is eagerly putting into place a $30 billion small-business lending fund that is the centerpiece of its efforts to spark lending in communities across the country.

Berkshire Hills Bancorp has agreed to acquire Rome Bancorp for about $74 million in cash and stock, as the Massachusetts bank strengthens its presence in New York.

The Office of the Comptroller of the Currency assessed a $33 million enforcement order against Woodforest National Bank of The Woodlands, Texas, for unfair and deceptive practices in its overdraft program.

RACINE, Wis. – Educators CU has acquired a former M&I Bank property in New Berlin and will move a credit union branch there.

Thanks in large part to advances in technology, the use of in-branch video monitors is becoming more informative and significantly more interactive in recent years.

In-branch televisions have become such an integral part of many CUs' facilities that their placement must now be part of the plan from the very beginning.

The Federal Trade Commission wants public comment on a proposed policy statement clarifying when the FTC will take action under the Fair Debt Collection Practices Act and the FTC Act against companies trying to collect the debts of deceased consumers.

While some companies clamor to get into banking, ADB Bank, a $48 million-asset industrial loan company, last week invited its depositors to collect their money.

While some companies clamor to get into banking, ADB Bank, a $48 million-asset industrial loan company, last week invited its depositors to collect their money.

Two federal agencies Friday said they had implemented crucial provisions of the newly enacted Small Business Jobs Act that will boost small-business loan limits and allocate funding to states for small-business lending.

BankUnited in Florida said Friday that it has acquired a small-business lending platform and a municipal leasing business from two companies as a way to expand its lending operations nationwide.

EverBank Financial Corp., one of Florida's largest homegrown banks, plans to go public by raising up to $200 million of common stock, according to a registration filed Friday with the Securities and Exchange Commission.

EverBank Financial and some of its shareholders are planning to sell as much as an estimated $200 million of stock through an initial public offering.