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The vast majority of credit unions no longer permit credit-card holders to exceed their credit limits, according to The Members Group.

Arrow Financial Corp. in Glens Falls, N.Y., said it has a deal to buy the area insurance firm Loomis & LaPann Inc. for an undisclosed price.

Atlantic Coast Federal Corp. has recruited veteran banker Jay S. Sidhu to its board.

A bill that would give New York credit unions access to tens of millions of dollars in municipal deposits cleared the New York State Senate last week as part of a budget resolution, giving it momentum for a vote in the state Assembly.

Centrue Financial Corp. in St. Louis reported a $14.5 million fourth-quarter loss on Monday, nine times more than its loss the year earlier.

When Pacific Continental says it is going to be picky, it has credibility. After all, the $1.1 billion-asset company in Eugene, Ore., has made only one acquisition since 1972.

SAN BERNARDINO, Calif.-Fast-growing Alaska USA FCU, which entered the California market with last year's acquisition of two failed credit unions near here, has finalized an agreement with Arrowhead Central CU to acquire five of its branches, four in the High Desert and one in Big Bear region.

WINNIPEG, Manitoba, Canada-While many credit unions are looking for ways to reduce the size of their branches, Steinbach CU here is wrapping up construction of a massive 42,000 square-foot branch, one of the largest in the entire province.

The telemarketing business will be permanently off limits to a pitchman whom the Federal Trade Commission sued last year for allegedly tricking consumers into paying hundreds of dollars for a credit card that could only be used to buy merchandise from his companies’ Web sites.

WASHINGTON — Four more banks failed Friday night totaling $1.2 billion in assets and costing the Federal Deposit Insurance Corp. an estimated $320 million.

PremierWest Bancorp in Medford, Ore., is extending its public stock offering by two days to April 2. The $1.56 billion-asset company started the offering last Monday to raise $17.3 million.

Flagstar Bancorp Inc. in Troy, Mich., has priced the $250 million common equity offering it announced earlier this month.

Community banks have a new way to find potential employees. The Independent Community Bankers of America this month launched the Community Bank Career Center, a national database of resumes and job postings.

Community banks have a new way to find potential employees. The ICBA this month launched the Community Bank Career Center, a national database of resumes and job postings.

Dave and Buster's Holdings Inc., an entertainment and restaurant chain, has settled charges brought by the Federal Trade Commission that the company failed to adequately secure the credit and debit card information of customers, FTC officials said Thursday.

Barrett Burns, president and chief executive at VantageScore Solutions LLC, presented testimony this week before the House Subcommittee on Financial Institutions and Consumer Credit entitled: "Keeping Score on Credit Scores: An Overview of Credit Scores, Credit Reports and Their Impact on Consumers."

The Federal Reserve on Thursday issued enforcement actions against two bank holding companies.