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California United Bank in Encino said Thursday that it raised about $10.3 million in a private placement mostly through 16 institutional investors.

BancFirst Corp. in Oklahoma City said Thursday that it has agreed to buy FBC Financial Corp., parent of the $256 million-asset 1st Bank Oklahoma.

By the end of this month the Office of Thrift Supervision wants Carver, a minority-owned bank that serves underbanked communities in New York City, to increase capital ratios by at least $20 million. Analysts, however, believe Carver may need as much as $35 million to properly repair itself.

The parent company of the marketing firm Epsilon said potential client losses are the biggest risk it faces from a data breach that exposed customers' email addresses.

First Niagara Financial Group has cleared the final hurdle in its bid to buy NewAlliance BancShares Inc. in New Haven, Conn.

Navy Federal Credit Union's move to eliminate balance transfer fees for new credit card accounts may demonstrate that the credit card industry has recovered sufficiently from economic and regulatory setbacks to return to more aggressive marketing.

Four banks based in the state have agreed to sell since December, when Hancock Holding of Gulfport, Miss., said it would buy Whitney, a New Orleans stalwart.

Empower Federal Credit Union of Syracuse, N.Y., is using a secure document signing technology from Integrated Media Management.

West Coast Bancorp in Lake Oswego, Ore., said Tuesday that it has hired a former Umpqua Holdings Corp. executive as its corporate compliance manager.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said in its annual report that mounting legal problems could have an adverse effect on its financial results.

Superior Bancorp in Birmingham, Ala., said it must continue to delay filing its 2010 report with the Securities and Exchange Commission until it addresses issues with certain appraisals.

BCB Bancorp Inc. in Bayonne, N.J., said Tuesday that it has agreed to acquire Allegiance Community Bank in South Orange, N.J.

For thrifts that have long harbored ambitions of converting to commercial banks, an upcoming regulatory merger is forcing hard decisions.

First Niagara Financial Group Inc. in Buffalo, N.Y., has hired a former Wells Fargo & Co. executive to oversee its New England expansion.

First National Bankers Bankshares Inc. in Baton Rouge, La., said late Friday that it consolidated its four banks along the Gulf Coast.

MidSouth Bancorp Inc. in Lafayette, La., plans to enter the Dallas market after agreeing to buy five area branches from a bank being sold through bankruptcy court.

Colony Financial in Los Angeles plans to sell common stock in a public offering that could raise up to $284 million.

Old Line Bancshares in Bowie, Md., said Friday it has completed its acquisition of Maryland Bancorp in Lexington Park.

The board of Commonwealth Business Bank in Los Angeles said Friday it did not renew the employment contract of the bank's chief executive.

First Financial Holding has 90 days to provide the Fed with a written plan to improve oversight of risk management and anti-money-laundering compliance.