Location Root Tag

Consumers Credit Union in Waukegan, Ill., has joined the list of financial services companies using Fiserv Inc.'s Acumen account processing software.

Heritage Oaks Bancorp in Paso Robles, Calif., reported a net second-quarter loss of $5.8 million, compared with net income of $507,000 a year earlier.

USAA Federal Savings Bank is shifting mobile banking into high gear by offering auto loans through customers' phones.

Strong transaction volume and a growing presence abroad contributed to surging second-quarter profits at Cardtronics Inc.

Oritani Financial Corp. in Washington, N.J., announced a quarterly loss of $4.1 million that it said stemmed in part from its conversion from a mutual to a stock company in June.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., reported Wednesday that its second-quarter loss widened by 33% from a year earlier, to $51.3 million.

Before the recession, Pacific Trust Bank was content to sit on the sidelines as other Southern California community banks vied with national lenders for commercial real estate borrowers.

Cardtronics Inc. has struck a multiyear deal to manage automated teller machines at about 800 Kroger Inc. grocery stores.

First Internet Bank of Indianapolis plans to enter the commercial lending business after more than a decade of focusing on consumer loans.

A federal judge last week sided with the competitor, Alliance Bancorp Inc. of Pennsylvania, and barred Sidhu's New Century Bank in Phoenixville from rebranding itself Customers 1st Bank. The judge said that name infringed on Alliance's trademark-protected Customer First products.

Cascade Bancorp in Bend, Ore., has filed a lawsuit against Cohen & Co. Financial Management, alleging that the investment firm is holding up a capital-raising effort on which Cascade's future depends.

First Citizens Bancshares Inc. is one of the more peculiar success stories — and for that reason, its small band of followers say, worthy of imitation by struggling peers in need of fresh ideas.

United Western Bank is in a state of limbo, unable to satisfy, change or escape a key demand from its regulator. Colorado's largest thrift has missed a deadline to boost its capital, and regulators refuse to give it an extension or waiver.

BancTrust Financial Group Inc. in Mobile, Ala., has announced that it earned $969,000 in the second quarter, compared with a loss of $118 million a year earlier.

The $5.1 billion-asset company announced Monday that it has received regulatory approval to consolidate two of its banks — Bank of Valdosta and Peoples State Bank — in its Sunrise Bank of Atlanta. Collectively, the three banks have $136 million of assets.

Two Middle Atlantic companies are seeking to bolster their common equity.

Florida is still a prime destination for Centennial Bank in Conway, Ark., even as well-heeled acquirers move in and drive up bank prices.

Premier Financial Bancorp Inc. cannot pay dividends without prior approval from regulators and must bolster its board oversight under an enforcement action the Federal Reserve filed Friday.

Five bank closures in four states Friday cost the federal government an additional $334 million in losses.

A friendly rivalry in Oregon turned nasty when a tiny bank tried to acquire a neighbor through a seldom-used maneuver: the hostile takeover bid.