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Bank holding companies earned a record $3.4 billion from the sale of annuities last year, up 9% from a year earlier, according to a report released Tuesday by Michael White Associates of Radnor, Pa.

Banks everywhere are evaluating their odds of survival, which takes capital. Mutuals are at a disadvantage in that regard but are looking to change that through new legislation.

The Federal Reserve's retail payments office announced Monday that it "fully supports" the most recent push within the financial services industry to speed up electronic payments.

F.N.B. Corp. (FNB) in Hermitage, Pa., has agreed to buy OBA Financial Services (OBAF) in Germantown, Md.

WASHINGTON — NCUA General Counsel Michael J. McKenna told the House Financial Services Committee Tuesday that 70% of new rules put in place by the agency since last January have provided regulatory relief to credit unions without incurring additional costs.

A former Arkansas bank executive has been accused of committing fraud in order to conceal losses on a $1.5 million loan.

MainSource Financial (MSFG) in Greensburg, Ind., has agreed to buy MBT Bancorp in West Harrison, Ind.

Wintrust Financial (WTFC) in Rosemont, Ill., has agreed to buy the Pewaukee, Wis., branch of The National Bank.

An big investor in SWS Group (SWS) has objected to the Dallas company's planned sale to Hilltop Holdings (HTH).

Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could purge up to $50 million in assets with help from its newest investor.

COLUMBUS, Ohio — Telhio Credit Union has acquired Shiloh Baptist Church FCU.

NorthSide Bank in Adairsville, Ga., has hired a new president and chief executive.

Solera National Bancorp (SLRK) in Lakewood, Colo., says it tried unsuccessfully to resolve a dispute with its biggest shareholder.

SAN DIEGO — Class action lawsuits related to Target Corp.'s massive data breach will be consolidated in the retailer's home state of Minnesota.

ServisFirst Bancshares in Birmingham, Ala., has filed plans to raise $72 million through in initial public offering.

Regions Financial (RF) in Birmingham, Ala., is reorganizing the geographic structure of its Midwest operations following the retirement of area President Sally Roth.

Bankwell Financial (BWFG) in New Canaan, Conn., plans to raise nearly $61 million by selling common and preferred stock.

National Bank of Cambridge in Cambridge, Md., has been freed from a formal agreement with the Office of the Comptroller of the Currency.

Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.