Location Root Tag

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.

Palmetto Bancshares (PLMT) in Greenville, S.C., is combining its chairman and chief executive roles.

American National Bankshares (AMNB) in Danville, Va., has tapped one of its executives to become chief banking officer.

National Penn Bancshares (NPBC) in Boyertown, Pa., will take a fourth-quarter charge as it closes branches and prepares to move its headquarters.

Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former regulator to be chief risk officer for its bank.

Bank of Commerce Holdings (BOCH) in Redding, Calif., continued to revamp its executive team by hiring Robert Muttera as chief credit officer.

Webster Financial (WBS) in Waterbury, Conn., has promoted Joseph Savage to president.

First Citizens Banc (FCZA) in Sandusky, Ohio, has raised $25 million to exit the Troubled Asset Relief Program.

First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Insight Bank in Worthington, Ohio.

Provident Financial Services (PFS) in Jersey City, N.J., has agreed to buy Team Capital Bank in Bethlehem, Pa.

Albert Buzzetti, founding chairman and chief executive at Bancorp of New Jersey (BKJ) in Fort Lee, has died.

Ocwen Financial (OCN) will pay $2.1 billion to settle allegations of misconduct in its mortgage servicing and foreclosure practices.

The $1.1 billion-asset company said in a regulatory filing Thursday that it sold bank and insurance trust-preferred collateralized debt obligations that cost about $8.3 million -- at an $850,000 loss.

Ocwen Financial (OCN) is preparing to pay $2.1 billion to settle allegations of misconduct in its servicing practices, according to a report in the Wall Street Journal.

First Niagara Financial (FNFG) in Buffalo, N.Y., didn't have to look far to find its next president and chief executive, even though the search process lasted nine months.