BitPay, an Atlanta-based company that processes payments in the digital currency bitcoin, said it secured $30 million in venture capital funding.

Five Star Credit Union in Dothan, Ala., has received approval from the Alabama Credit Union Administration to buy Flint River National Bank in Camilla, Ga.

A breakdown of M&A announcements in the financial services industry for the week ended May 10.

Billionaire investor Wilbur Ross is looking to raise roughly $400 million to buy or invest in struggling companies.

The investment bank has moved its annual banking conference to Denver after 16 years in Seattle, signaling its desire to do more bank deals in the central U.S. where M&A activity is expected to get busier.

The Utah-based payments processing company eGlobal has acquired the assets of The Best There Is Inc., a provider of ATM services in Boca Raton, Fla.

Mitsubishi UFJ Financial Group Inc., Japan's biggest lender, is considering a bid for Bank of New York Mellon Corp.'s corporate trust arm, people with knowledge of the matter said.

Taylor Capital (TAYC) in Chicago is no longer looking to sell its mortgage banking operation.

First Farmers Financial (FFMR) in Converse, Ind., has agreed to buy seven branches in Indiana from Bank of Montreal's BMO Harris Bank.

Glacier Bancorp (GBCI) in Kalispell, Mont., has agreed to buy First National Bank of the Rockies in Grand Junction, Colo.

Kevin Cummings, CEO of Investors Bancorp, wants to reach $30 billion in assets in the next six years, but he admits that Investors must sharpen its focus on commercial clients to achieve that objective.

The Federal Reserve is seeking input on a measure that would bar U.S. banks from acquisitions that push their share of all financial-company liabilities above a 10% threshold.

A pair of acquisitions announced this week is creating chatter about out-of-market interest in Florida's banks. Still, some caution that bankers must be mindful of past mistakes by other long-distance buyers.

United Community Bank (UCBI) in Georgia is expanding its Small Business Administration funding by acquiring a portion of Business Carolina's (BCI) operations.

The long wait is finally over for Mercantile Bank (MBWM) in Grand Rapids, Mich., as it looks to acquire Firstbank (FBMI) in Alma, Mich.

First Niagara Financial (FNFG) in Buffalo is shelling out another six-figure sum for severance tied to an ousted executive.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has consolidated the roles of chairman and chief executive.

Bank of the Ozarks (OZRK) in Little Rock, Ark., is encouraging shareholders to support its proposal to more than double its authorized common stock.

Commerce Bancshares (CBSH) in Kansas City, Mo., has agreed to sell three branches in rural southeastern Missouri to New Era Bank in Fredericktown, Mo.

Washington Federal (WAFD) in Seattle negotiated a discount on its recent purchase of Bank of America (BAC) branches after deposits levels at those locations fell.