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NetSpend Holdings Inc. is continuing to expand distribution of its prepaid cards through automobile insurers with a marketing agreement it announced on Thursday.
March 24 -
Evolve Financial Group Inc. in West Memphis, Ark., said its bank has added a Small Business Administration division.
March 24 -
The Office of the Comptroller of the Currency said Thursday that it fined Pacific National Bank in Miami $7 million for violating anti-money-laundering rules.
March 24 -
First Niagara Financial Group Inc. in Buffalo, N.Y., said it has hired a former Ally Financial Inc. executive as its chief financial officer.
March 24 -
Patriot National Bancorp Inc. in Stamford, Conn., said Thursday that a turnaround plan it implemented last year helped it narrow its net loss by 36%, to $15.4 million.
March 24 -
Veritex Holdings Inc. in Dallas has completed its purchase of Fidelity Bank, marking its second deal to close since raising $45 million.
March 23 -
Hidden River Credit Union, which serves mostly school districts, is expanding its reach. The Pottsville, Pa., credit union has been approved by state regulators to convert to a community charter, allowing it to serve the 150,000 residents of surrounding Schuylkill County.
March 23 -
Bogota Savings Bank in Teaneck, N.J., has hired Brian McCourt as its chief financial officer. The $370 million-asset thrift said in a press release Wednesday that the CFO responsibilities were previously handled by Joseph Coccaro, who is also its president and chief executive.
March 23 -
First Midwest Bancorp Inc. in Itasca, Ill., has added a director. The $8.15 billion-asset company said that Peter Henseler, the president of toymaker RC2 Corp., had joined its board.
March 23 -
State regulators have approved an application from OnPoint Community Credit Union in Portland, Ore., to add Crook and Jefferson counties in central Oregon to its field of membership.
March 23 -
The Federal Reserve made public two written agreements for bank holding companies dealing with high levels of credit problems at their bank units.
March 23 -
Embarcadero Bank said late Tuesday that it has agreed to buy Coronado First Bank. The Coronado, Calif., banks will merge in a deal valued at $9.3 million, or $6.30 a share, according to a press release.
March 23 -
Wilmington Trust Corp. said Tuesday that a majority of its shareholders approved the company's sale to M&T Bank Corp. in Buffalo, N.Y.
March 23 -
Reissued consent orders are longer and far more detailed, with higher capital ratio standards, despite improvements banks have already made.
March 22 -
Sun Bancorp Inc. in Vineland, N.J., said it raised about $81 million in net proceeds from a recent public offering.
March 22 -
People's United Financial Inc., which recently entered mortgage warehousing, has amassed credit applications for almost $500 million, according to a company executive.
March 22 -
Superior Bancorp in Birmingham, Ala., has named C. Marvin Scott as its chairman and chief executive and Rick Gardner as its president.
March 22 -
The $958.3 million-asset company named Bruce Boyea a director. Boyea is the chairman, president and chief executive of Security Mutual Life Insurance Co. of New York.
March 21 -
Coastal Banking Co. of Beaufort, S.C., reported late Friday that its net loss shrank to $2.3 million in the fourth quarter from $11.9 million a year earlier.
March 21 -
Hancock Holding Co. in Gulfport, Miss., said Monday that it began a $200 million public offering that would help it redeem an acquisition target's Treasury Department funds.
March 21




