Location Root Tag

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.

SAN BERNARDINO, Calif. – Pete Aguilar, a former employee of Arrowhead Credit Union, appears to have claimed the second spot in this week's primary election for California's 31st congressional district.

WASHINGTON — For the first time in weeks, both chambers of Congress are in session, and they're taking a hard look at regulatory relief efforts.

Doral Financial's (DRL) dispute with the Puerto Rican government over a tax refund will be heard on an expedited basis by the territory's courts.

Wintrust Financial (WTFC) of Rosemont, Ill., is planning to raise capital by issuing subordinated debt.