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The $7.8 billion-asset company in Itasca, Ill., announced late Monday that the bank's president and chief executive, Thomas J. Schwartz, plans to step down from those positions at the end of the year.

Adding to the recent string of small-bank acquisitions, German American Bancorp Inc. in Jasper, Ind., is purchasing American Community Bancorp Inc.

Nexity Financial Corp. in Birmingham, Ala., which has been operating under bankruptcy court protection, is shedding its wealth management division.

Monterey County Bank settled with the FDIC over allegations that certain credit and debit practices were "deceptive," the agency said Tuesday.

Saehan Bank, a unit of Saehan Bancorp, has agreed to pay $2.2 million to the United States to settle allegations that it misrepresented or withheld information to get the Small Business Administration to fund loans.

Raising capital through the stock market has become a dicey prospect for banking companies, with a growing number delaying such offerings while others are pursuing alternate funding routes.

Western Liberty Bancorp is one step closer to becoming one of the only blank-check companies to break into banking.

Mission Valley Bancorp in Sun Valley, Calif., said Monday that it received $4.8 million of capital from a Treasury Department program designed for community development banks.

A month after denying United Western Bancorp Inc.'s requests to make payments on its line of credit, the Office of Thrift Supervision has changed its mind.

Bank of Virginia in Midlothian said it expects to record a huge increase in its loan-loss provision when it reports third-quarter earnings.

The failures late Friday of the $421 million-asset Wakulla Bank in Crawfordville, Fla., and the $104 million-asset Shoreline Bank in Shoreline, Wash., were estimated to cost the Federal Deposit Insurance Corp. a total of $155 million.

The $866 million-asset company in Stamford, Conn., announced Friday that both the Federal Reserve and the Office of the Comptroller of the Currency had approved a $50 million investment from PNBK Holdings LLC, a firm backed by New York investor Michael A. Carrazza.

Hampton Roads Bankshares Inc. said late last week that it closed $235 million of the previously announced $255 million private placement that would lift its banking subsidiaries back into "well capitalized."

BancFirst Corp.'s strategy of fishing for small fry in its home state of Oklahoma is adding up — little by little — to a big expansion.

As some mutual holding companies tinker with their second-step conversions, Northfield Bancorp Inc. in Avenel, N.J., is shelving its aspiration of becoming an all-stock company.

Bank of America Corp. is to supply purchasing cards and electronic payments services to the Irving, Texas, health-care network VHA Inc.

The prepaid customer base for Cardlytics Inc.'s merchant-funded rewards system is growing.

USAA Federal Savings Bank has teamed up with UPS Inc. to offer in-store check depositing services.

A lack of bank failures in Texas, New Mexico, Colorado and Oklahoma has Carlile Bancshares in Fort Worth starting to deploy its $328M in capital on banks that are still open but struggling.

Charter Financial Corp. in West Point, Ga., has completed the sale of $34.2 million of common stock. The $1.1 billion-asset Charter sold 4.4 million shares of common stock for $7.78 a share, for net proceeds of $30.6 million. The news was announced Wednesday.