Location Root Tag

Serial acquirer Grandpoint Capital has agreed to buy Gilmore Bank. Both are in Los Angeles.

First ULB (FUBP) in Oakland, Calif., has agreed to buy Union Financial in Albuquerque, N.M.

Home Savings Bank in Madison, Wis., is planning to convert from a mutual thrift to a stock-owned company.

Wintrust Financial, a community bank holding company in Illinois, is piloting an app that lets customers pre-order cash at ATMs.

BankUnited (BKU) said Tuesday that it had signed a lease to add 20,000 square feet to its headquarters, which already occupies five buildings and 120,000 square feet in Miami Lakes, Fla.

Peoples Bancorp in Marietta, Ohio, plans to enter the Cleveland market by acquiring Ohio Commerce Bank in Beachwood.

The former president of the failed Mutual Bank in Harvey, Ill., has been banned from the banking industry by the Federal Deposit Insurance Corp.

Eastern Virginia Bancshares (EVBS) has closed a $5 million rights offering. The offering followed a $45 million private placement announced in March, in which the company sold a 30% stake to institutional investors.

Northeast Bancorp (NBN) in Lewiston, Maine, can now make owner-occupied commercial real estate loans without fear of exceeding a cap on such loans imposed by regulators.

John Kanas is losing his top lieutenant at BankUnited (BKU) in Miami Lakes, Fla. The $12.7 billion-asset company said Tuesday that John Bohlsen has resigned as chief lending officer and vice chairman for personal reasons.

Unity Bancorp (UNTY) in Clinton, N.J., has received approval to buy back its remaining shares issued to the Treasury Department through the Troubled Asset Relief Program.

Bank of Marin Bancorp (BMRC) in Novato, Calif., has agreed to acquire NorCal Community Bancorp (NCLC) in Alameda, Calif.

Bank of the Ozarks (OZRK) in Little Rock, Ark., is planning to open a loan production office in New York.

1st United, of Boca Raton, paid $5 million in cash to Enterprise's minority shareholders and transferred Enterprise's troubled assets, worth $40.8 million when the deal closed, to its majority owner.

The companies announced last week an agreement to merge Acacia into Stifel Bank and Trust, the investment bank and brokerage's $3.9 billion-asset bank. The terms were not disclosed.

A consortium of Mexican investors led by former Banco Popular executive Roberto Herencia has completed its recapitalization of Metropolitan Bank Group in Chicago, Crain's Chicago Business reported.

FNB United in Asheboro, N.C., announced Friday that its planned name change to CommunityOne Bancorp will take effect Monday.

Sussex Bancorp in Franklin Lakes, N.J., plans to sell up to $7.2 million in common stock, offering 1.2 million shares to current shareholders at a price of $6 per share.

A former bishop of a Mormon church in Connecticut was sentenced to nearly four years in federal prison for running a fraud scheme that roped in a participant in the Troubled Asset Relief Program.

Huntington Bancshares said Thursday that it has forged a pact with Cleveland State University that gives its Huntington Bank the exclusive right to operate branches and automated teller machines on campus.