Central Pacific Financial Corp. in Honolulu has entered into an agreement with state and federal regulators requiring it to submit a capital restoration plan within 60 days.

Bankers in this climate recognize that in order to get capital, they often have to give a little something first. Still, offering a 9% annual interest rate for a decade is a cost only a handful of bankers are willing to bear.

Hovde Acquisitions, a Washington private equity firm, used a shelf charter to pick up the $282 million-asset Bay National Bank in Baltimore, which was closed by the Office of the Comptroller of the Currency and was one of four failures on Friday.

Hovde Acquisitions, a Washington private equity firm, used a shelf charter to pick up the $282 million-asset Bay National Bank in Baltimore, which was closed by the Office of the Comptroller of the Currency and was one of four failures on Friday.

In the second half of June, consumers sued an estimated 471 different collection agencies and creditors under various statutes - including 416 lawsuits citing at least one violation of the Fair Debt Collection Practices Act (FDCPA), according to U.S. District Court complaint dockets.

Second Federal Savings and Loan in Chicago views itself as the ShoreBank for its surrounding Hispanic community and hopes prospective investors will see it that way, too.

WASHINGTON – HEW FCU has hired a well-known local magician to perform at its new branch opening in the District Heights’ Silver Hill neighborhood, as part of the grand opening’s “Feel the Magic” theme.

NBH Holdings took the first step this week in its quest to build a $12 billion-asset community banking network by agreeing to acquire Bank Midwest in Kansas City, Mo.

North Carolina banking titan and civic leader John Arthur Forlines Jr. died Tuesday. He was 92.

Sun Bancorp Inc. of Vineland, N.J. said Thursday that it will raise $100 million via private-equity funds affiliated with WL Ross & Co. LLC and shareholders of the bank's founding Brown family.

Eric Koppelman, a former mortgage title closer, was sentenced to four years in prison for playing a role in a scheme to steal more than $6 million of proceeds from home mortgage loans, according to the U.S. Attorney's office in New York.

Sun Bancorp Inc. said billionaire investor Wilbur Ross' private equity firm, Sun's founding Brown Family and others have agreed to invest $100 million in equity as the bank grows its New Jersey base.

MIDDLE ATLANTIC

NBH Holdings Inc., a Boston-based bank holding company, announced a deal late Wednesday to acquire the commercial and retail banking operations of Bank Midwest National Association in Kansas City, Mo.

YPSILANTI, Mich. – Washtenaw FCU, formerly Ypsilanti FCU, has signed with the city to place an ATM in the renovated Ypsilanti Freighthouse.

OGDEN, Utah – Fast-growing Goldenwest CU unveiled a new branch, its 18th, in the town of Kaysville, yesterday.

Fifth Third said it has acquired the assets of credit union processor TNB Card Services from credit union-owned Town North Bank of Dallas.

SoCal Bancorp. said it no longer owns a majority stake in Professional Business Bank after a $12.6 million capital infusion from a private-equity group.