Valley National Bancorp of Wayne, N.J., said Thursday that it had agreed to buy the $425 million-asset Shrewsbury State Bank, also of New Jersey.

NEW ENGLAND

Seacoast Banking Corp. of Florida plans to acquire the $288 million-asset Century National Bank of Orlando for $46.2 million.

Now that the struggle over funding the Small Business Administration's flagship 7(a) program has been settled, lenders are turning to an issue that may be even more important to community banks: "piggyback" lending.

Farm Credit Services of America ACA of Omaha has agreed to pay Rabobank Group a $10 million fee to terminate its deal to sell itself to the Dutch giant.

Banks have been getting bad press for raising credit card interest rates - sometimes doubling them - and slapping fees on borrowers who have not met repayment terms or have developed credit problems the issuer learned of. Last week The New York Times and the Public Broadcasting Service's "Frontline" ran a full-page story and full-hour program on the topic.

PFF Bancorp in Pomona, Calif., can thank a red-hot real estate market for its surging share price.

Lakeland Bancorp Inc. has reached a settlement agreement with one of three insurance companies over a pool of nonperforming commercial leases.

R. Steven Aaron is largely responsible for making Integrity Financial Corp. in Hickory, N.C., what it is today.

Main Street Inc. of Atlanta announced Monday that it has filed a prospectus to sell an additional 1.5 million shares in a common stock offering.

Coast Financial Holdings Inc. of Bradenton, Fla., plans to open four branches soon in a neighboring county.

Wainwright Bank and Trust Co. is well known around Boston as one of the city's more progressive banks, but it has little name recognition elsewhere.

WASHINGTON — Critics of the legislative process say laws that pass without meaningful opposition are often the ones that spawn troublesome unintended consequences. Community bankers offer the Sarbanes-Oxley Act as an example.

Independence Federal Savings Bank of Washington has terminated a shareholders rights plan that had effectively blocked its largest stockholder, Morton Bender, from acquiring more shares.

Greater Bay Bancorp of Palo Alto, Calif., said Friday that it had received a "request for information" from the Texas Department of Insurance about the business its insurance brokerage subsidiary does in the state.

Though most banking companies are sorry to lose any customer, they work a little harder to keep big-dollar accounts; some maintain special call centers for these depositors, for example, and an officer is quick to call if they seem dissatisfied.

Having written for American Banker for 45 years now, I visited the New-York Historical Society’s new exhibit on Alexander Hamilton with special excitement.

Putting teenagers in charge of a bank branch may not be every banker’s idea of safety and soundness, but one bank in Chicago plans to give it a try.

A small Minnesota thrift company’s plan to delist its stock and take itself private has suddenly left it fighting for its independence.

Call it the requiem for a subsidy.