Frontier Financial Corp. in Everett, Wash., said Tuesday that regulators had ordered its bank unit to boost its capital.

Coronado First Bank in California said Tom Stickel, its founder and former chairman, resigned from its board because of a disagreement over whether it should open a branch in downtown San Diego.

HURRICANE, Utah – America First CU said it opened a new branch here inside the Wal-Mart store, the $4.4 billion credit union giant’s 87th branch.

ONTARIO, Calif. – The California and Nevada credit union leagues move into the new headquarters in the Ontario Airport Towers later this week.

Credit unions will be charged higher insurance premiums to cover the $6 billion cost of taking over U.S. Central Federal Credit Union and Western Corporate Federal Credit Union, the National Credit Union Administration said.

Yadkin Valley Financial Corp. of Elkin, N.C., citing a need to preserve capital, cut its quarterly dividend by more than half, to 6 cents a share.

Building banks is almost as much a sport for Nolan Ryan's family as playing baseball.

Richard W. Wright, 80, has resigned from the boards of Temecula Valley Bancorp Inc. and its bank subsidiary for health reasons, the California company said Monday.

Guaranty Financial Group Inc., which raised $600 million in July from a group that included the financier Carl Icahn, will probably need another infusion, observers said. But finding investors will be harder this time around.

WASHINGTON — The federal government closed its sale of failed California thrift IndyMac Federal Bank (IDMCQ) to OneWestBank on Thursday, though the U.S. government will share some of the losses on the bank's single family residential loan portfolio.

It has been a while since the Independent Community Bankers of America had a chairman who can commute to Capitol Hill in 90 minutes.

MIDDLE ATLANTIC

Facing capital depletion, Security Bank Corp. in Macon, Ga., is working to raise more, but its auditors question if it can survive.

LEOMINSTER, Mass. – Leominster CU has received final approvals from the city of Leominster and the state Division of Banks to build a three-story, 28,500-square-foot headquarters adjacent to its current main office.

PHILADELPHIA – Citadel FCU has acquired an 8,000 square-foot building, the former site of Basil restaurant, where it plans to locate a new branch.

RENO, Nev. – Great Basin FCU announced it will close its branch in the Ironhorse Shopping Center in Sparks on April 15.

When controversial accounting rules effectively jeopardized a pending acquisition, Investors Bancorp Inc. in Short Hills, N.J., got angry.

To the Editor:

Temecula Valley Bancorp Inc. joined the list of California companies warning that mounting losses and evaporating capital are casting doubt on their survival.