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Capitol Bancorp has struck a deal to sell yet another one of its bank units. AmericanWest Bank in Spokane, Wash., will buy Bank of the Northwest for $17 million in cash.

Private Bancorp Inc. in Chicago has named James Guyette as the second chairman in the company's 20-year history.

Wescom Credit Union of Pasadena, Calif., said Wednesday that its Wescom Resources Group has signed with PayPal Inc. to offer person-to-person payment services to credit unions.

The Federal Reserve on Tuesday announced that it had reached a written agreement with BW Bancorp in Ely, Minn.

First Community Bancshares Inc. in Bluefield, Va., appears poised to make acquisitions after raising $19 million in fresh capital.

Battered by defaults on real estate loans, FNB United Corp. of Asheboro, N.C. reported a loss of nearly $45 million in the first quarter and says that it is likely to fail if a previously announced recapitalization plan falls through.

SCB Bank in Shelbyville, Ind., is running low on capital after management opted to set aside more than $11 million to cover problem loans dating to the tenure of its former chief executive.

Less than two years after it acquired Federal Trust Bank in Sanford, Fla., so it could qualify for a federal bailout, insurance giant Hartford Financial Services Group Inc. is selling the thrift to another Florida banking company.

Three failures late Friday, including a pair in Georgia, cost the Federal Deposit Insurance Corp. an estimated $445 million.

After years of experimentation, some banks are finding the right mix of technology, ambiance and human interaction. The most effective formula varies, and the only constant is that there are no absolutes.

As Michaels Stores Inc. continues its investigation into the payment terminal tampering that affected 80 of its stores, experts say other merchants are likely just as vulnerable and should be investigating their own hardware.

For the first time in its history, Virginia Community Bank in Louisa has a CEO whose name is not A. Pierce Stone.

Berkshire Hills Bancorp Inc. and Legacy Bancorp Inc., both of Pittsfield, Mass., have agreed to sell off four overlapping branches as a condition of their merger.

Aiming to beef up its wealth management business, Provident Bank in Jersey City has struck a deal to acquire Beacon Financial Corp. of Morristown, N.J., for up to $10.5 million in cash.

The National Credit Union Administration has liquidated the Hmong American Federal Credit Union in St. Paul, Minn. The agency said Thursday that it made the move to discontinue the $2.7 million-asset credit union's operations after determining that Hmong was insolvent.

UMB Financial Corp. in Kansas City, Mo., said late Wednesday that it would pay $7.8 million to settle a lawsuit over overdraft fees.

Enterprise Financial Services Corp. in St. Louis said Wednesday that it will raise $28.6 million with a public offering.

Atlantic Coast Capital Corp. in Jacksonville, Fla., said Wednesday that G. Thomas Frankland is now officially its president and chief executive.

In the last year, Michael Brown Sr. raised nearly $330 million, bought a small Florida bank, converted it to a thrift, struck a deal for a weaker competitor, bought a branch from the Federal Deposit Insurance Corp. — and turned 70 years old. The chairman and chief executive officer of HCBF Holding Co. in Palm City says he's just getting started.

Atlantic Coast Financial Corp. in Jacksonville, Fla. said Wednesday that G. Thomas Frankland is now officially its president and chief executive officer. Frankland had been the interim president and CEO since October.