Location Root Tag

Doral Financial (DRL) is evaluating its legal options after Puerto Rico rejected the company's request for a $230 million refund of overpaid taxes.

A founding director at Touchmark Bancshares in Georgia claims he was ousted after questioning the bank's strategy. Now he is lobbying for the company's sale.

Taylor Capital (TAYC) in Chicago has been notified by the Federal Reserve Board that its bank is facing an enforcement action for employing deceptive trade practices.

Kennebec Savings Bank has a 19th century charter, but it is poised for a complex conversion to deal with modern challenges like activists investors, M&A pressures and even Basel III.

Attendees at this year's D.A. Davidson Conference believe the approval process is calming down somewhat. Other bankers say they are looking to lower capital levels, with many showing an interest in deposit-rich franchises.

Banc of California (BANC) in Irvine is looking to raise $100 million by selling common stock and tangible equity units.

BREA, Calif. — South Western FCU and Credit Union of Southern California have announced their intent to merge, pending approval from state and federal regulators and SWFCU members.

Huntington Bancshares (HBAN) keeps expanding in Michigan, agreeing to buy 13 more branches from Bank of America (BAC).

ALEXANDRIA, Va. — The NCUA remains committed to workforce diversity as a key to success for the organization, despite the agency failing to meet 60% of its own workplace target goals last year.

HV Bancorp in Huntingdon Valley, Pa., has filed to sell more than $13 million in stock as part of its planned conversion to a stock company.

Huntington Bancshares (HBAN) in Columbus, Ohio, has snagged an executive from an in-state rival to manage an important investment business.

WASHINGTON — After three regulatory relief bills sailed through the U.S. House of Representatives last week — two of which were written specifically for credit unions — industry insiders are cautiously optimistic.

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.

SVB Financial (SIVB) in Santa Clara, Calif., has filed to sell nearly 4.5 million shares of common stock.

Central Pacific Financial (CPF) in Honolulu is moving several top executives into new posts.

ALEXANDRIA, Va. — NCUA did not meet over half of its employment diversity goals for 2013, hitting only 40% of its target achievements in this category, according to the agency's annual report, released Monday.

SunTrust (STI) has opened a downtown Atlanta branch to test new bank technology concepts that could be used in other SunTrust branches nationwide.

DOTHAN, Ala. — The proposed sale of Flint River National Bank to the $260 million Five Star CU here is a step away from completion after the Alabama CU Administration last week approved the deal.

Westbury Bancorp (WBB) in West Bend, Wis., intends to repurchase up to 250,000 of its issued and outstanding shares, or roughly 4.9% of its stock.

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.