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Less than a month after completing a recapitalization, the $9.7B-asset company cleared another major hurdle Monday as regulators rescinded a year-old cease-and-desist order.

Sterling Financial Corp. in Spokane, Wash., said that regulators have lifted a cease-and-desist order under which it was operating just one month after the company completed a recapitalization.

Monarch Community Bancorp Inc. of Coldwater, Mich., said that it entered into a written agreement with the Federal Reserve Bank of Chicago on Sept. 21.

First Financial Northwest Inc. in Renton, Wash., said that its bank unit has entered into a formal agreement with its regulators.

Capital Bancorp Ltd. said Tuesday that it has completed the sale of its 51% stake in the Bank of San Francisco.

Nearly a year after the Federal Deposit Insurance Corp. said it would resume revealing the losing bids for failed banks, bankers and others in the industry find its disclosures wanting.

Eagle Bancorp Inc. of Bethesda, Md., on Monday agreed to acquire a Washington branch along with $17.2 million in deposits from OBA Bank.

LandMark Bank of Florida in Sarasota is now operating under a prompt corrective action directive from the Federal Reserve.

Even with something few aspiring de novos can claim — $25 million of initial capital — launching has been a long, complicated process for Start Community Bank.

SharePlus Federal Bank in Plano, Texas, has moved one step closer to becoming a publicly traded company.

Central Virginia Bankshares Inc. in Powhatan has called off its rights and stock offering amid concerns about market conditions.

The $2.8 billion-asset company announced Friday that it had signed agreements with several institutional investors for a direct placement of $10 million of common equity. The shares are to be sold at $5.25 a share, a 7% discount to Thursday's closing price.

Two failures on opposite coasts Friday evening brought the year's toll to 127. Florida regulators closed the $148 million-asset Haven Trust Bank in Ponte Vedra Beach. Later, the $289 million-asset North County Bank in Arlington, Wash., was shuttered.

Charter Financial expects to raise up to $34.2 million of fresh capital through a public offering — barely half what it had hoped to raise initially.

Customers of Banco Popular N.A. can now withdraw cash for free at an additional 33,000 ATMs under a deal with Cardtronics Inc.'s Allpoint surcharge-free network.

Dave Widlak, the president and chief executive of Community Central Bank Corp. in Mount Clemens, Mich., has been missing for days.

A Los Angeles Superior Court judge has thrown out a lawsuit filed on behalf of shareholders by the former chairman of Nara Bancorp, a Los Angeles company serving the Korean-American community.

With problem real estate loans drying up earnings and diminishing capital at Cadence Financial, Trustmark is stepping in to rescue its longtime Mississippi rival.

The Brookfield, Wis., banking technology vendor said Thursday that the $3.6 billion-asset Patelco is planning to implement its Acumen software to help its expansion efforts.

Umpqua Bank said Wednesday that it is opening a commercial banking center in northern Nevada that will be led by a former US Bank commercial banking veteran in that market.