Trustmark in Jackson, Miss., reduced its workforce by more than 6% by offering early retirement packages.

Wintrust Financial in Rosemont, Ill., is planning to raise about $160 million through a common stock offering.

PNC Financial Services Group has been named the official bank of the University of Kentucky, its 50th such partnership with a college or university.

A longtime California bank regulator and executive has joined the board at Hanmi Financial in Los Angeles.

The financial crisis, and its aftermath, created a new layer of regulation to consider. A growing need to fund technology projects and an uncertain rate environment have only made it harder to forecast revenue and expenses.

Bank of America will move its mortgage servicing back onto Black Knight Financial Services' LoanSphere MSP servicing system of record.

Hot demand for shares of Enterprise Bancorp in Lowell, Mass., has prompted the bank to double the size of its secondary offering.

A push for having an independent chairman gained traction immediately after the financial crisis. Years later, the effort seems to be losing momentum.

The $1.7 billion-asset company disclosed in a regulatory filing Monday that it recently agreed to buy a 25% stake in ASC Trust Corp. in Hagatna.

Community banks are jumping at the chance to invest in local bond issues, realizing that such participation allows them to show their dedication to hometown causes.

Heartway Bancorp. in Wayland, Iowa, has agreed to buy Peoples State Bank in Winfield, Iowa.

Bank of Montreal has agreed to buy Greene Holcomb Fisher, a boutique advisory firm in Minneapolis.

First Bancorp in San Juan, Puerto Rico, has sold an insurance agency.

The $654 million-asset bank said in a press release Monday that it had reorganized under OP Bancorp after receiving approval from shareholders and regulators.

MFA Financial has carved out an impressive niche for itself by buying re-performing and nonperforming residential mortgages and securities.

The bank, which operates in 12 states, is bringing customers in the door even as it cuts its retail square footage by half. The lure? The offer of a financial "checkup" that tens of thousands of people have accepted.

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Ottawa Savings Bancorp in Ottawa, Ill., is planning its second-step conversion.

Financial Institutions in Warsaw, N.Y., said it had secured enough votes to prevail in a fight with a big shareholder.

Bankers have long complained that customers are fee averse. Aspiration, a nonbank that is working with a Boston bank, has a model that is proving that some clients will voluntarily pay fees.