Location Root Tag

The board of NBT Bancorp (NBTB) 's board has made sweeping changes to the Norwich, N.Y., company's bylaws.

Regulators shut down Douglas County Bank in Douglasville, Ga., and Parkway Bank in Lenoir, N.C. Between them they had assets of $425 million and will cost the Deposit Insurance Fund an estimated $105 million.

BNC Bancorp (BNCN) in Thomasville, N.C., plans to buy back its Troubled Asset Relief Program shares from investors who bought them in a Treasury Department auction last summer.

Hampton Roads Bancshares (HMPR) in Virginia Beach is reducing its branch network.

Jefferson Bancorp in Lutherville, Md., has received regulatory approval to buy Carrollton Bancorp (CRRB) in Columbia, Md.

The Federal Deposit Insurance Corp. has terminated enforcement actions against two banks: First Bancshares of Mountain Grove, Mo., and CIB Marine Bancshares of Waukesha, Wis.

ALEXANDRIA, Va. – The NCUA Board in closed meeting yesterday approved New Berlin, Wisconsin credit union giant Landmark CU’s application to acquire Hartford (Wis.) Savings Bank, a troubled, $190-million institution.

ALEXANDRIA, Va. -- Pentagon FCU unveiled a 0.74% rate today for online car loans provided through its car buying service as part of the credit union’s March Madness savings promotion.

WASHINGTON – The former CEO of Constitution Corporate FCU asked a federal appeals court yesterday to overturn the NCUA Board’s ruling denying him some $250,000 in back pay and benefits after the federal regulator took over his failed corporate in September 2010, along with two others.

New research from American Banker reveals that bank technology spending is starting to increase, a sign of health for industry.

Union Bank will close 15 branches in central and southern California, including some locations recently acquired from Pacific Capital Bancorp.

United Community Bancorp in Lawrenceburg, Ind., has completed a crucial step in its conversion to a public company from a mutual.

The Greenville, S.C., bank will acquire Resource Financial Services, which has eight offices in five states. CertusBank did not disclose the price it will pay for the four-year-old company.

Royal Bancshares of Pennsylvania (RBPAA) in Narberth, Pa., has hired a former executive at PNC Financial Services Group (PNC) to run its bank.

WASHINGTON — Community Bank of the Ozarks in Sunrise Beach, Mo., became the nation’s 51st failed bank of the year late Friday after it was closed by state regulators.

Cornerstone Financial in Mount Laurel, N.J., said it will net renew the current contract for George Matteo, the company's chairman, president and chief executive.

An activist investor group has threatened to file a lawsuit against Orrstown Financial Services (ORRF) unless the Shippensburg, Pa., company makes certain changes to its bylaws.

Bank regulators have lifted a memorandum of understanding against Timberland Bank nearly three years after the bank was hit with the enforcement action.

Jeffersonville Bancorp (JFBC) is set to become the latest New York company to exchange the federal charter of its bank for oversight by a state regulator.

After a stock offering fell short of expectations, Sierra Vista Bank (SVBA) in Folsom, Calif., plans to raise about $1.7 million through a securities purchase agreement with Taylor International Fund.