Location Root Tag

The Federal Reserve has reached a written agreement with Northwest Bancorporation of Illinois Inc. in Palatine.

Citizens Republic Bancorp Inc. in Flint, Mich., is planning a reverse stock split that may help it avoid a delisting.

Hampton Roads Bankshares Inc. in Norfolk, Va., is looking to sell 10 branches and its mortgage and insurance businesses.

Loan production offices lost popularity among community bankers during the financial crisis. A need for growth, amid intense competition, could bring them back in force.

The San Diego County Credit Union is licensing new software that allows it to make same-day payments available through the same service as traditional Web bill payment, as well as create a simple link to myriad other automated payments to make user navigation and access easier.

Two San Francisco credit unions have applied to state regulators to acquire the ailing 1st Choice Federal Credit Union and Pacifica-Coastside Credit Union.

Boston Private Bank & Trust has sold one of its four Seattle-area branches to fast-growing Heritage Financial Corp.

First Midwest Bank in Itasca, Ill., has hired longtime Chicago-area banking executive Mark G. Sander as its new president and chief operating officer.

Bank of Georgetown in Washington, D.C., has raised more than $25 million in fresh capital that it will use to fund its continued expansion in the city and surrounding suburbs.

Boston Private Bank & Trust has sold one of its four Seattle-area branches to fast-growing Heritage Financial Corp.

American 1 Federal Credit Union in Jackson, Mich., has agreed to acquire Premier Financial Credit Union of Clinton Township, Mich.

Expectations had been high that 2011 would bring some serious moving and shaking among community banks. But the murky economy and regulatory uncertainty have discouraged buyers, turning them skeptical and picky.

Bank of New Jersey in Fort Lee has hired Paul A. Meyer as a senior vice president and commercial loan officer.

Having already raised $50 million in fresh capital this year, Seattle Bank announced this week that it has received another $12 million from investors that its chief executive officer said the once-ailing bank would use to accelerate its growth plan.

MB Financial Inc. in Chicago is looking to looking rid itself of its asset-quality problems in one fell swoop.

TrustCo Bank Corp. in Glenville, N.Y., plans to sell 13.6 million shares of stock in a public offering.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.

Two weeks after striking a deal to buy Capitol Bancorp's Seattle unit, AmericanWest is moving into the California market with a deal for Capitol's Sunrise Bank in San Diego.

The board of directors at Community Partners Bancorp in Middletown, N.J., has elected Frank Patock as chairman of both the company and its bank subsidiary, Two River Community Bank.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.