Anchor BanCorp Wisconsin in Madison said it expects to save about $5.4 million yearly after it completed an employee buyout, sold a branch, closed six branches and introduced a new branch staffing model.

Riverview Financial in Harrisburg, Pa., has promoted its president to chief executive after its previous CEO retired, and delayed its planned acquisition of a western Pennsylvania community bank.

BancorpSouth in Tupelo, Miss., has again extended the deadline to complete its acquisitions of Central Community in Temple, Texas, and Ouachita Bancshares in Monroe, La.

Nearly 85% of the acquisitions announced this year have involved sellers with $500 million or less in assets. Investment bankers expect more of the same in the final six months of this year.

BB&T in Winston-Salem, N.C., has provided five top executives with nearly 3 million reasons to successfully integrate Susquehanna Bancshares in Lititz, Pa.

Citizens Financial in Mansfield, Pa., has agreed to buy First National Bank of Fredericksburg in Pennsylvania.

A role many people did not understand less than a decade ago has become integral to how banks navigate a new set of postcrisis hazards.

The financial crisis and its aftermath elevated the stature of CROs. The true test of their new clout will come during the next market expansion.

Equitable Financial in Grand Island, Neb., said its depositors and stockholders have approved its plan to convert from a mutual thrift to a fully stock-owned company.

The South Dakota company will soon be completely independent from National Australia Bank. The plan for now is to produce consistent results while scouting deals as the bank nears a key regulatory threshold.

Clearinghouse CDFI in Lake Forest, Calif., has acquired Arizona MultiBank Community Development, a community development financial institution that operates in the Southwestern U.S. and on Native American reservations.

Meta Financial Group in Sioux Falls, S.D., parent of MetaBank and Meta Payment Systems, is raising capital to fuel a future acquisition, and has renewed a significant prepaid card issuing relationship with NetSpend.

A breakdown of M&A announcements in the financial services industry for the week ended June 27.

The NCUA is considering a plan that would let credit unions count certain forms of debt as capital. The plan, which would help credit unions book more loans, is drawing sharp rebukes from the banking industry.

JPMorgan Chase and Dexia agreed to settle a New York lawsuit over $1.6 billion of mortgage-backed securities. Terms of the settlement weren't disclosed in a June 26 court filing.

Xenith Bankshares in Richmond, Va. has issued $8.5 million in subordinated debt and plans to use the proceeds to exit the Small Business Lending Fund.

ING has a long history of lending to the energy sector, and the Dutch bank spies a sizable business opportunity in the the U.S. shift from large importer of energy to major exporter. It is looking for ways to expand its $15 billion-asset business in the U.S., says Bill Connelly, head of commercial banking for the firm.

Community Bank Shares of Indiana in New Albany has changed its name to Your Community Bankshares.

General Electric's deals to sell the bulk of its vehicle fleet-management business push the company near a goal of unloading at least $20 billion of finance assets before the quarter ends.

Farmers Bank & Trust in Great Bend, Kan., has agreed to sell certain assets of its mortgage division to Prospect Mortgage in Sherman Oaks, Calif.