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The Federal Deposit Insurance Corp. took action against three banks in August and released one bank from a consent order.

CommunityOne Bancorp in Charlotte, N.C., has been freed from the threat of prosecution for allegedly ignoring a $40 million Ponzi scheme run by a customer.

The chairman of City National Corp. in Los Angeles is passing the role to his son.

Bridge Bancorp in Bridgehampton, N.Y., has agreed to buy FNBNY Bancorp in Merrick, N.Y.

Cynthia Merkle has joined the $2.5 billion-asset mutual as executive vice president and COO, it announced Friday.

The $840 million-asset company will take a third-quarter charge of about $10 million on the sale of the loans, which have a book value of $33 million, it said.

Anchor BanCorp Wisconsin in Madison has completed a $175 million recapitalization. With funding from private and institutional investors, the company has capital levels above the threshold regulators consider for being well-capitalized.

Several institutions in one of the nation's hardest-hit banking markets have shed enforcement actions, or have hired new leaders, as they attempt to stage comebacks.

Investors Bancorp (ISBC) in Short Hills, N.J., and Roma Financial (ROMA) in Robbinsville, N.J., have extended the deadline for their merger while they wait for regulatory approval.

Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., didn't have to look far to find its permanent chief financial officer.

One PacificCoast Bancorp (OPCB) in Oakland, Calif., has received regulatory approval to acquire a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.

The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.

Pinnacle Bank in Elberton, Ga., announced Thursday it will use Fiserv's Precision bank platform, which includes account processing, mobile banking, bill payment and remote check capture services.

Meta Financial Group (CASH) in Sioux Falls, S.D., has reshuffled its management with four new executive appointments, including the promotion of Brad Hanson to president.

First Clover Leaf Financial (FCLF) in Edwardsville, Ill., has hired David Kuhl as the president and chief executive for its bank.

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

First Security Group (FSGI) in Chattanooga, Tenn., has completed a $5 million rights offering. The offering followed the company's April recapitalization, in which it raised $91.1 million from institutional and other accredited investors.

Pacific Continentalin Eugene, Ore., has named a new head for its operations around Seattle.

United Security Bancshares in Thomasville, Ala., has recruited its next chief financial officer from Regions Financial.