Location Root Tag

Iberiabank Corp. in Lafayette, La., is consolidating various outsourced debit card processing functions with products from Fiserv Inc.

Cardtronics Inc. announced Monday an agreement to provide Intuit Inc.'s Pay Card and Refund Card customers surcharge-free access to its fleet of ATMs.

Community Bancorp LLC of Houston has completed its acquisition of Cadence Financial Corp. of Starkville, Miss., with a $144 million investment, the companies announced Monday.

Capitol Bancorp Ltd. is selling its 51% stake in Bank of Las Colinas, which would mark its exit from Texas.

California United Bank in Encino reported a net loss of $2.3 million for 2010, compared with net income of $745,000 in 2009.

Virginia Commerce Bancorp Inc. said Monday it has appointed an interim successor for its chief financial officer, who died last month following complications from cancer.

While states like Washington and Oregon have had their share of failures, there have been several deals to save larger struggling banks there, too. Add Cascade Financial Corp. in Everett, Wash., to that pile.

Cornerstone Bancshares Inc. in Chattanooga, Tenn., said Friday that losses narrowed 42.1% in 2010. The $440 million-asset company posted a $4.7 million loss for the year, compared with an $8.2 million loss in 2009.

A spike in credit costs in the fourth quarter led United Security Bancshares in Fresno, Calif., to post a $2.9 million loss for 2010.

Sterling Bancorp in New York City said Friday that it plans to sell $33.6 million of common stock in a public offering.

Metro Bank in Lemoyne, Pa., has agreed to drop its red M logo to settle a trademark lawsuit brought by Members 1st Federal Credit Union.

The Bancorp Inc. in Wilmington, Del., announced the pricing for a common stock offering designed to raise $50.3 million.

The $1.4 billion-asset company said Wednesday that it received notice from the Nasdaq on Monday that it is in compliance with listing requirements just shy of a March 10 deadline.

The Federal Reserve has ordered Outsource Holdings Inc. to serve as a source of strength to its Dallas bank.

Summit Bank in Prescott, Ariz., has put itself up for sale after its board determined it would not be able to raise enough capital to satisfy a regulatory order.

Iberiabank Corp. in Lafayette, La., said Wednesday it has recruited Robert Kottler to become director of retail and small business.

Hudson Valley Holding Corp. in Yonkers, N.Y., said the chief of staff for former New York Gov. George Pataki has joined its board.

The Fed reached a written agreement on Feb. 18 with the $1.4 billion-asset company that gives it 60 days to maintain adequate capital on a consolidated basis.

Hamilton State Bancshares Inc. has raised $231.6 million in capital that it plans to use to exit the Troubled Asset Relief Program and buy failed banks.

State Employees' Credit Union in Raleigh, N.C., is cutting interest rates on its Salary Advance Loan by as much as 50%.