Location Root Tag

WASHINGTON — CUNA is urging the Senate to take action soon and approve the nomination of J. Mark McWatters to a seat on the NCUA board.

Sun Bancorp (SNBC) in Mount Laurel, N.J., has hired three industry veterans to expand its commercial lending in New Jersey.

The Holding family has held large stakes in several banks for years; two of those banks are finally merging as part of a $637 million deal.

Struggling North Milwaukee Bancshares is asking its home city for a cash infusion, but the city has so far been reluctant to make a commitment.

Metro Bancorp (METR) in Harrisburg, Pa., is facing pressure from an investor to sell itself.

Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.

WASHINGTON — House Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House — one that's likely to leave its imprint on the credit union community and the banking industry.

WASHINGTON — CUNA has named Mike Schenk interim chief economist to support Bill Hampel, who has temporarily vacated that post to serve as the trade group's interim president and CEO.

DAHLGREN, Va. — Bruce Six is the new CEO at $315 million NSWC Federal Credit Union.

The North Carolina company will pay more than $637 million for First Citizens Bancorp., a South Carolina bank. Both companies are majority owned by the Holding family.

Peoples Bank of Indianola in Iowa has agreed to buy Pleasantville State Bank in Iowa.

The $1 billion-asset company disclosed in a regulatory filing Tuesday that it sold Tri-State General Insurance Agency to an unnamed buyer for $2.9 million.

ATLANTA — Credit unions considering sending employees to a health insurance exchange and reimbursing them with tax-free contributions are likely rethinking those plans.

INDIANAPOLIS — Harvester Financial CU Monday announced it has successfully completed converting its core system to Sharetec.

Bank of America (BAC) has agreed to sell 17 branches in North Carolina and Virginia with a total of $944 million in deposits to First Community Bank in Bluefield, Va., and HomeTrust Bancshares (HTBI) in Asheville, N.C.

Riverland Bancorp. in Jordan, Minn., has raised roughly $1.3 million by selling common stock.

Eagle Bancorp (EGBN) in Bethesda, Md., has agreed to buy Virginia Heritage Bank (VGBK) in Tysons Corner, Va.

Signature Bank (SBNY) in New York plans to sell 2.1 million new shares of common stock.

National Bank of Commerce in Birmingham, Ala., is beefing up in Florida with a deal to buy United Group Banking Company of Florida in Longwood.

First Federal of Northern Michigan Bancorp's agreement to buy Alpena Banking is a lesson in persistence and keeping communication lines open.