Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.

First Busey in Champaign, Ill., has agreed to buy Herget Financial in Pekin, Ill.

Putnam County Savings Bank in Brewster, N.Y., has agreed to buy CMS Bancorp in White Plains, N.Y.

The private equity firm of Texas billionaire Gerald J. Ford, is planning a tender offer for up to 65% of Mechanics Bank in Walnut Creek, Calif. If completed, the deal would be the first deployment of the $755 million that Ford's fund raised last year.

WASHINGTON — The Federal Home Loan banks of Seattle and Des Moines announced Thursday that their boards have unanimously approved a definitive agreement to merge.

First Citizens BancShares in Raleigh, N.C., will add three directors after it completes its acquisition of First Citizens Bancorp. in Columbia, S.C.

Citizens Financial Group, which held an initial public offering Wednesday, will hire 350 mortgage officers and soon announce a new treasury services head, the bank's chief executive told American Banker.

Sunflower Financial is adding loans and growing in Denver. First Western Financial has tepid loan growth, but its prowess in private banking is enviable. Casual talks between their CEOs led them to the realization they could build on each other’s strengths.

Acquisition-hungry banks and mortgage companies need to apply the same level of scrutiny to cultural fit as they do to a firm's financial statements and balance sheets.

Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.

The $578 million-asset company said in a press release Tuesday that it had hired Anthony Weagley as its president and CEO. He will have the same roles at Malvern’s bank.

Sunflower Financial in Salina, Kan., is poised to strengthen its presence in Denver.

The Circuit Court for Baltimore City has dismissed a class-action lawsuit brought against FedFirst Financial in Monessen, Pa., related to its agreement to sell.

It's fashionable to say that community banks need to bulk up to better absorb compliance costs and compete with larger banks, but not all bankers agree. At a panel discussion at American Banker's Regulatory Symposium Monday, three CEOs argued that small banks can thrive by remaining hyperfocused on the communities they serve, while continually finding ways to grow revenues and control expenses.

Mitch Feiger, CEO of MB Financial, along with Mark Hoppe, former Taylor CEO, reflect on the merger, the regulatory environment and keeping key people happy in the highly competitive Chicago market.

Albina Community Bancorp in Portland, Ore., has filed for bankruptcy.

The purchase of Santa Barbara Tax Products Group is the latest move by the prepaid card pioneer designed to lessen its dependence on retail giant Wal-Mart.

Green Dot plans to acquire Santa Barbara Tax Products Group for about $320 million, a move that will allow the prepaid card provider to add tax refund processing services through partnerships with tax preparers.

Prosperity Bancshares and Hancock Holding knew they would lose significant interchange income when they hit the $10 billion mark, but they were not quite ready for the increased regulatory scrutiny that came with that growth.

Park Cities Financial Group announced Wednesday that it is buying CU Bancshares in Dallas and its subsidiary, the $593 million-asset Town North Bank.