Location Root Tag

First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.

First Defiance Financial (FDEF) in Defiance, Ohio, has agreed to buy First Community Bank in Columbus, Ohio.

The Minnesota Department of Commerce on Friday appointed the National Credit Union Administration as receiver of $51 million St. Francis Campus Credit Union of Little Falls, Minn.

The company's management team is confident it can build off a beachhead, making its case by referencing past forays into Baton Rouge, La., and Houston.

Keith Wilton previously served as an executive vice president at Santa Barbara Bank & Trust, which is now owned by UnionBanCal. Before that, he was president of the specialty finance group at Greater Bay Bancorp, which was sold to Wells Fargo (WFC) in 2007.

An investment firm in North Carolina has raised its stake in Republic First Bancorp (FRBK) in Philadelphia.

Home Federal Savings Bank in Rochester, Minn., has been freed from a supervisory agreement with the Office of the Comptroller of the Currency.

Vibra Bank in Chula Vista, Calif., has hired a president and chief executive.

Bond Street Holdings in Weston, Fla., plans to close four of the 25 branches it acquired from Great Florida Bank in Miami Lakes.

Douglas Biddle has succeeded Denise Portmann as CFO at Bank of the Pacific, the $705 million-asset company said in a press release Thursday.

First Trust in New Orleans has been freed from a written agreement with the Federal Reserve Board.

Peoples Financial Services in Scranton, Pa., reported a fourth-quarter loss tied to its merger with Penseco Financial Services. The $1.7 billion-asset company lost $2.8 million in the quarter, compared to Penseco's $2.7 million in profit a year earlier.

A Tampa homeowner is suing Bank of America (BAC) and U.S. Bancorp (USB), claiming that the banks delayed processing his mortgage payments in order to earn extra interest for themselves.

United Bancorp in Martins Ferry, Ohio, said its chief executive is stepping aside and that his son will take over day-to-day management.

West Virginia's City Holding is content to have loan officers drive several hours to pursue lending opportunities rather than relying on aggressive M&A. Part of the approach is tied to lessons learned from a risky strategy that blew up on a previous management team in the 1990s.

New York's banking regulator unleashed a verbal assault on nonbank servicer Ocwen Financial Wednesday, saying the company's use of technology to better handle distressed loans is "too good to be true."

PHH Corp. is considering selling its mortgage banking business, a move that is apparently being driven by some of the company's investors.

Talmer Bancorp in Troy, Mich., expects to raise $42.5 million in its initial public offering.

As Manhattan developers plan millions of square feet of office towers featuring the most modern amenities, some of their biggest potential tenants — banks — have decided they're better off staying in their current homes.

Iberiabank Corp. (IBKC) in Lafayette, La., has agreed to buy First Private Holdings in Dallas.