Location Root Tag

CertusBank in Greenville, S.C., has hired a new internal auditor and promoted eight other executives as it reorganizes management weeks after the ouster of its top executives.

Midstate Bancorp in Baltimore has filed paperwork to sell up to $34.4 million in stock as part of a planned conversion to a stock company. Sandler O'Neill is assisting with the offering.

Wayne Griest, Continental's chief executive, once worked with Bryn Mawr's CEO at another institution. That familiarity came in handy as the two banks began discussing the potential of a merger.

The New York company has emerged from a regulatory order with a stated goal of branching out from a longtime focus on commercial real estate by adding specialty-lending lines. Now management is looking to leverage a huge cash buffer and strong deposit base.

Thanks to redevelopment efforts in the once-neglected downtown areas of Buffalo, Detroit and other cities, banks are seeing improvements to their bottom lines. Banks and developers credit a federal historic tax credit program for the results.

Organic loan growth propelled the Internet banking company BofI Holding (BOFI) to record profits in the quarter that ended March 31.

WASHINGTON — The Senate Banking Committee continued negotiations over the weekend on landmark legislation to overhaul the mortgage finance system, but it remains unclear when, or if, panel leaders will reschedule a key vote on the bill.

UMB Financial (UMBF) in Kansas City, Mo., has agreed to buy the corporate trust business of RCB Bank in Claremore, Okla.

First Mid-Illinois Bancshares (FMBH) in Mattoon, Ill., has received approval from the Nasdaq Stock Market to list its common stock on the Nasdaq Global Market.

Green Bancorp in Houston has agreed to buy SP Bancorp (SPBC) in Plano, Texas.

First American Bank in Elk Grove Village, Ill., has agreed to buy Bank of Coral Gables in Florida.

Union Bank has entered into a strategic alliance with Lending Club, a peer-to peer lending marketplace provider that connects creditworthy borrowers with investors.

ARLINGTON, Va. — Brenda Turner has retired after 22 years as president and CEO of Arlington Community Federal Credit Union.

First National Bank of Southern California announced Monday that it is acquiring First Mountain Bank in Big Bear Lake, Calif., in a deal that would roughly double its size.

SPOKANE VALLEY, Wash. — Numerica Credit Union is the first financial institution in the state of Washington that will accept business from recreational marijuana processors and producers, according to the Washington Liquor Control Board.

The company, which agreed to buy Continental Bank in Pennsylvania, has the "firepower" for more deals as it looks to build the size to match its existing cost structure, CEO Ted Peters says.

Doral Financial (DRL) in San Juan, Puerto Rico, is developing a revised capital plan to address concerns from the Federal Deposit Insurance Corp.

AUSTIN, Texas — Consumers, in growing numbers, are turning to mobile exclusively for their remote banking needs, and CUs are doing a better job than banks at signing up mobile users.

Bryn Mawr Bank (BMTC) in Pennsylvania has agreed to buy Continental Bank Holdings in Plymouth Meeting, Pa.

Banc of California (BANC) in Irvine has acquired an 8% stake in Clearinghouse CDFI, an institution that serves low- to moderate-income communities in California and Nevada.