Fidelity Bank in Fuquay-Varina, N.C., has agreed to buy a branch from First Citizens BancShares.

It could take six months or more before people who deal in collateralized loan obligations receive more explicit regulatory guidance on "skin in the game" rules.

Peoples State Bank in Albia, Iowa, has agreed to acquire a branch from Iowa City's MidWestOne Bank.

California Bank of Commerce in Lafayette, Calif., has agreed to buy Pan Pacific Bank in Fremont, Calif.

Two banks with labor ties — Amalgamated Bank of Chicago and United Business Bank in Oakland — are beginning to aggressively court commercial clients.

BB&T will close a loan-processing center in Hagerstown, Md., which it obtained from its acquisition of Susquehanna Bancshares.

First Horizon National in Memphis, Tenn., has received regulators' approval to acquire TrustAtlantic Financial, after it delayed the closing date.

The Stamford, Conn.-based credit card issuer expects to be independent by the end of the year, and predicts that it will benefit from its separation from General Electric.

Fundera, which runs a website where small-business owners can shop for loans, has raised $11.5 million in new equity funding.

BankUnited in Miami Lakes, Fla., will book a $50 million income-tax benefit in the third quarter.

The third quarter ends in two weeks, and top executives at Citigroup, Wells Fargo, and two regional banks are raising concerns about cost pressures, impediments to revenue growth and heightened lending risks.

The $3.4 billion-asset company plans to use the proceeds for general corporate purposes, possible acquisitions and capital investments in Bridgehampton National Bank.

A Federal Reserve decision is expected soon on M&T's long-delayed application to buy Hudson City Bancorp. M&T would still get strategic benefits it sought, but Hudson City has shrunk and become less profitable since it agreed to sell three years ago, and the cost of the deal has risen.

CircleBack Lending, a Boca Raton, Fla., marketplace lender, has completed a $17.4 million round of equity financing.

Iberiabank in Lafayette, La., plans to close eight branches in Louisiana, Alabama and Florida.

Simmons First National in Pine Bluff, Ark., has agreed to an early termination of its federal loss-share agreements for its acquisition of four failed banks.

Alliance Data Systems has agreed to work with Toyota on a new line of private-label credit cards and to manage the Japanese automaker's existing co-branded card program.

Peoples Community Bank in Greenville, Mo., has agreed to buy Cabool State Bank, also in Missouri.

PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.

BCB Bancorp in Bayonne, N.J., has commenced a public offering of $40 million of its common stock.