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Willow Grove Bancorp Inc. in Wayne, Pa., said in a restatement of its fiscal fourth-quarter results that it earned about $1.5 million less than it initially reported.

BankUnited Financial Corp.'s stock has taken its lumps in the last month as investors have grown leery of its reliance on option adjustable-rate mortgages in a cooling real estate market.

Community Banks Inc. in Harrisburg, Pa., has struck its second bank acquisition deal in a week.

Banco Bilbao Vizcaya Argentaria is counting on its name recognition in Mexico to woo unbanked Hispanic immigrants in southern California.

NEW ENGLAND

Bryn Mawr Bank Corp. in Pennsylvania is forming an equipment leasing subsidiary that will do business nationwide.

Panhandle State Bank, a unit of the $781 million-asset Intermountain Community Bancorp in Sandpoint, Idaho, has acquired Premier Financial Services, a private investment firm in Priest River.

Former First Community Capital Corp. chief executive Nigel Harrison is wasting no time building a new Texas banking company.

Beverly Hills Bancorp Inc.'s foray into construction and development lending is not going as smoothly as planned.

Beacon Federal in East Syracuse, N.Y., is using its old ties to the credit union industry to fuel its growth.

Nexity Financial Corp. of Birmingham, Ala., has mapped out an ambitious expansion plan in its quest to become a multibillion-asset company.

* OCTFCU, Santa Ana, Calif., plans to open new branches in Rancho Cucamonga, Redlands and San Bernardino.

The "Dead Zone" isn't just a paranormal television show-it's also that wasted space in your branch that isn't contributing to your ROA. But you can vanquish these vacuums, according to several facilities experts.

We're interested in making our buildings "green," but builders tell us the materials are hard to come by or really expensive. We thought this would help us save money in the long term, but the short-term pain has my board questioning this strategy. Any suggestions?

ACCU Opens 1950s Diner Facility

We're embarking on our first major foray into expanding our branch network. We know we want to measure each branch's productivity but how do we set the initial benchmarks, the initial goals for these new branches?

A rapid rise in foreclosure filings in the Brockton, Mass., area has inspired a partnership of credit unions, banks, and nonprofit lenders to help borrowers in danger of foreclosure restructure their loans with more affordable, fixed rates.

Consumers probably do not perform searches for both "credit unions" and "taxes" often on Google.com, but if they do, the Massachusetts Bankers Association wants them to get a banker's perspective on the topic.