The $355.7 million-asset company in Monessen, Pa., said Thursday that it has sold enough common stock — 1.7 million shares — to complete its conversion from a mutual holding company to a stock holding company.

In the year or so that BankUnited has hired lenders away from Florida rivals, its recruits have laid the foundation for a major branch expansion across the state.

Consumers sued an estimated 534 collection agencies and creditors under consumer statutes between August 16-31, an increase of more than 100 compared with 426 that were sued in the first half of the month, according to data from U.S. District Courts.

Goldwater Bank in Arizona has agreed to forfeit $733,804 to resolve a claim from U.S. officials that the money was involved in illegal online gambling.

EAST LANSING, Mich. – Michigan State University FCU said it will vacate its longtime branch in its former headquarters building to give new tenant IBM room to grow, while opening a new branch on campus.

Northeast Bancorp of Lewiston, Maine, announced it is giving its shareholders more time to submit election forms on a proposed acquisition of FHB Formation LLC, an investment entity formed to inject capital into Northeast.

Northfield Bancorp Inc. in Avenel, N.J., said Wednesday that shares of its common stock will be sold in a syndicated community offering as part of its mutual-to-stock conversion.

PremierWest Bancorp in Medford, Ore., said Tuesday that Nasdaq gave it more time to comply with the market's listing requirements.

Flagstar Bancorp Inc. of Troy, Mich., is reportedly hoping to raise $600 million in capital through its majority owner, MatlinPatterson Global Advisors.

A prompt corrective action directive is often a sign of grim times, but for AnchorBank in Madison, Wis., the order is serving as a guide as it fights to survive.

The Federal Reserve issued enforcement actions Tuesday against the bank holding companies First Security Group Inc. and Butte State Co.

OAK RIDGE, Tenn. – Y-12 CU is opening two student-run school branches, one at Eagleton Middle School in Alcoa and one at Anderson County High School in Clinton.

Capital Bank Corp. of Raleigh, which has announced plans to raise 34.5 million shares in a public offering, said it expects some improvement in its credit quality in the third quarter.

Louisiana Bancorp Inc. in Metairie said Tuesday that it will initiate its 10th stock repurchase program. The $327.7 million-asset company also said it completed its ninth repurchase program, acquiring 210,406 shares, or 5% of its outstanding common stock.

A pair of recapitalization deals in suburban Chicago shows that investors are now ready to give struggling banks in the Second City a second chance.

Under the heat of a regulatory order, Tri-Valley Bank in San Ramon, Calif., said Monday that a group of investors has agreed to purchase $10 million of the bank's common stock.

Harrington West Financial Group Inc. has filed for bankruptcy nearly a month after federal regulators took over its subsidiary and principal asset, Los Padres Bank.

BATON ROUGE, La. – Pelican State CU is offering participants at its new in-school branch at Peabody Magnet High School additional benefits.

BIRMINGHAM, Ala. – Singing River FCU has purchased a former Godfather's Pizza building near the airport, which recently was used as temporary branch for Bay Bank.

BATTLE CREEK, Mich. – Kellogg Community FCU said it is expanding off the campus of the food manufacturing giant with a new branch in a former comedy club location.