Late Wednesday, Banner Corp. in Walla Walla, Wash., announced it would acquire AmericanWest Bank in a $702 million stock-and-cash deal.

Clashes between directors and management are becoming routine at Cardinal Bankshares in Virginia, which recently forced out its CEO for the second time in two years.

Sterling Bancorp in Montebello, N.Y., has agreed to buy Hudson Valley Holding in Yonkers, N.Y.

Thomas H. Lee Partners and Warburg Pincus are selling the rest of their stock in Umpqua Holdings in Portland, Ore.

Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy Hampden Bancorp in Springfield, Mass.

Community bank investor Kenneth Lehman is seeking regulatory approval to buy nearly half the shares in Village Bank & Trust Financial in Midlothian, Va.

Columbia Banking System in Tacoma, Wash., and First Business Financial Services in Madison, Wis., were among a sizable group of banking companies that completed acquisitions in recent days.

A breakdown of M&A announcements in the financial services industry for the week ended Nov. 1.

AnchorBank in Madison, Wis., has agreed to sell its Richland Center retail branch to The Peoples Community Bank.

Puerto Rico's economy has been in disarray for eight years, and it's taken many banks down with it. OFG weathered the financial crisis and is considering how to capitalize on its status as the island's healthiest bank.

Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.

Chemical Financial in Midland, Mich., has agreed to buy Monarch Community Bancorp in Coldwater, Mich.

MVB Financial and CFG Community Bank have terminated their purchase-and-assumption agreement, a year after announcing the deal.

Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.

The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.

Some banks' compensation expenses are soaring from the effects of technology upgrades, severance payments and the hunt for loan growth. But they insist that the investments will pay off in the form of higher revenue and improved efficiency.

Toronto-Dominion Bank, the Canadian lender that spent about $17 billion building a branch network from Maine to Florida, will rely on internal growth over acquisitions to expand in the U.S., incoming CEO Bharat Masrani said.

MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.

First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.

First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.