Location Root Tag

The agreement paves the way for John Palmer, a principal and co-founder of PL Capital, to join BankFinancial's board.

Susquehanna Bancshares is doing a sale-leaseback of 30 branches to improve its capital planning. But over the long term, and more importantly to the industry overall, it could also help the bank get out of branches that may one day become obsolete.

The Federal Deposit Insurance Corp. issued a prompt corrective action against AztecAmerica Bank in Berwyn, Ill., in November and hit two other banks with consent orders.

Old National Bancorp (ONB) in Evansville, Ind., will pay a $500,000 fine in the process of satisfying a regulatory order to strengthen its anti-laundering controls.

WashingtonFirst Bankshares (WFBI) in Reston, Va., is the latest lender to divest securities on concerns about the Volcker Rule's controversial ban on collateralized debt obligations.

The Federal Reserve Board has approved Community West Bancshares' (CWBC) request to pay dividends on preferred stock.

Cathay General Bancorp in Los Angeles has announced a number of executive changes, including the appointment of Irwin Wong to the newly created position of chief retail administration and regulatory affairs officer.

Susquehanna Bancshares (SUSQ) in Lititz, Pa., has sold 30 branches to a SunTrust Banks (STI) subsidiary and agreed to lease them back.

The Columbus, Ga., company has overcome a series of challenges since 2008, yet it will face more in the coming year. CEO Kessel Stelling, in a Q&A, addresses questions about how it will boost revenue and profits.

The board of Carolina Trust Bank (CART) in Lincolnton, N.C., has recruited Jerry Ocheltree, the former leader of First Bancorp (FBNC), to be its next president and chief executive.

Buoyed by its success on the West Coast, Operation Hope is partnering with the likes of SunTrust and Popular Community Bank to set up its financial literacy centers in such cities as Memphis, Atlanta, Washington and New York.

Huntington Bancshares (HBAN) in Columbus, Ohio, plans to close nine branches after its acquisition of Camco Financial (CAFI) in Cambridge, Ohio.

In a wide-ranging interview, Carver Bancorp CEO Deborah Wright says she expects 2014 to see the New York bank target more underbanked customers, expand lending to nonprofits and serve as a beacon of hope to other minority-owned banks.

First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.

MBT Financial (MBTF) in Monroe, Mich., is selling $14 million of common stock to two institutional investors and will sell another $6 million of stock through a rights offering.

Next year could be a make or break moment for John Taylor, who was hired as CEO of a Kentucky company with one of the largest remaining Tarp balances and massive credit issues.

A former president and chief executive of the Pennsylvania Bankers Association has joined the board of DNB Financial (DNBF) in Downingtown, Pa.

CMS Bancorp (CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.

Investors Bancorp (ISBC) in Short Hills, N.J., plans to issue up to $2.5 billion of stock as part of its conversion from a mutual to a stock holding company.

Team Capital Bank in Bethlehem, Pa., has done something few startups of the last decade could boast of: it survived the financial crisis and just sold for $122 million.