SPRINGHILL, La. – Carter FCU will celebrate the opening of its newest branch today in Haughton with the launch of a rewards checking account.

The sale of the failed BankUnited to an investor group may be a turning point for private equity's involvement in the banking sector.

And the winner is … the lower bidder?

Though BankUnited has failed, its name lives on.

It was good to hear Treasury Secretary Timothy Geithner state that "community banks play a vital role in our financial system and a central role in our economy."

Western Alliance Bancorp. in Las Vegas has a lot of plans for the $200 million of capital it just raised.

UCBH Holdings Inc. has postponed its annual meeting because it needs to recalculate its first-quarter and 2008 results.

Regulators have given Community Bank of West Georgia in Villa Rica until early June to get adequately capitalized.

SAN ANTONIO – United SA FCU has opened the company’s sixth office in the San Antonio area.

TALLAHASSEE, Fla. – Envision CU has purchased a Kentucky Fried Chicken restaurant and plans to renovate it into a branch.

CHAMBERSBURG, Penn. – Fast-growing Members 1st FCU is planning on building another new branch, this one at the former Valero gas station in Hummlestown.

WEST

The last thing a community bank suffering from bad loans needs is a downgrade on its investments.

For six years, Town North Bank in Dallas has been buying up credit card portfolios from credit unions, but now it is shedding this lucrative business to raise capital.

Regulators expect Corus Bankshares Inc. of Chicago to submit plans this week for recapitalizing itself and its bank, but the $7.7 billion-asset condominium lender said it is unsure about those plans passing muster.

ALBANY, N.Y. – SEFCU, celebrated the grand opening of its newest branch yesterday in Altamont, its 25th in the New York capital area, with a $10,000 donation to the Altamont Library capital campaign for the computer area within the library.

The critically undercapitalized Peoples Community Bancorp Inc. of West Chester, Ohio, might stave off failure with the deal it announced Monday to sell nearly all of its branches.

Auburn National Bancorp. Inc. in Alabama said it expects the failure of Silverton Bank to cut into two quarters' worth of earnings.