With $250 million of capital headed its way, Seacoast Banking Corp. of Florida could make the big leap from survivor to acquirer.

EL PASO, Texas – FirstLight FCU has opened a new full-service branch and USO Center on east Fort Bliss.

By owning and controlling their credit card businesses, community and regional banks can diversify their local-market lending through balance sheet funding via low-cost, local deposits, while they strengthen their customers' overall banking relationship.

Shareholders were persuaded to double down on PVF because the new chief executive plans to transform the thrift company into a major player in the disrupted Cleveland market.

The FDIC sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.

The Federal Deposit Insurance Corp. sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.

The Federal Trade Commission Friday announced it is mailing more than $4 million to consumers identified as victims of an illegal credit card billing scam operated by J.K. Publications, raising the total to more than $16 million since an initial mailing last June.

The $185 million-asset bank reported a profit of $448,000, or 24 cents a share, compared with $278,000 in the first quarter of 2009, it said Friday in its report for the quarter ended March 31.

Meridian Interstate Bancorp Inc. in East Boston, Mass., received permission to repurchase up to 5% of its outstanding shares.

The sale of Harleysville National Corp. of Pennsylvania to First Niagara Financial Group of Buffalo closed Friday, though before the closing Harleysville National sold a wealth management division.

SHREWSBURY, Mass. – The local school board here this week voted to allow Central One FCU to open a branch at the high school this fall.

MADISON, Wis. – University of Wisconsin CU on Monday will open its third branch in the Milwaukee area in Wauwatosa, in an almost-new building it bought from ailing Amcore Bank.

APPLETON, Wis. – Prospera CU, a pioneer in credit union payday loans, yesterday said it is closing one full-service branch and two of its GoodMoney payday loan sites inside Goodwill stores as part of a restructuring.

Four Wachovia Corp. veterans plan to build a major regional bank in the Carolinas and Virginia, and are putting a twist on the strategy similar groups are using.

The National Credit Union Administration has entered the real estate market along Florida's Gulf Coast in a big way as it struggles to sell hundreds of properties it ended up holding from three large credit union failures: Norlarco Federal Credit Union, Huron River Area Federal Credit Union and New Horizons Community Federal Credit Union.

Pacific Mercantile Bancorp in Costa Mesa, Calif., reported a $6.8 million loss for the fourth quarter, cutting its loss nearly in half from a year earlier, with the improvement primarily driven by a lower provision for loan losses.

PremierWest Bancorp in Medford, Ore., has succeeded in recapitalizing its bank, though a fresh regulatory order has pushed back the target.

First Financial Holdings Inc. of Charleston, S.C., warned Thursday that it expects to report a steep loan-loss provision for its fiscal second quarter, which ended March 31.

BATTLE CREEK, Mich. – Kellogg Community FCU has unveiled its newest branch, in Pennfield High School.

BOISE, Idaho – Capital Educators FCU has broken ground on a new branch, its seventh, in nearby Eagle.