Location Root Tag

First State Bank of DeKalb County in Fort Payne, Ala., has agreed to buy First Bank of the South in Rainsville, Ala.

Former Oklahoma governor and American Bankers Association chief Frank Keating has been named a director of BancFirst in Oklahoma City.

Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.

State Street has agreed to buy General Electric's asset management unit for as much as $485 million.

Wells Fargo has agreed to pay the state of California $8.5 million to settle a probe into its failure to tell consumers it was recording their calls.

A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.

Western Alliance Bancorp. in Phoenix has agreed to buy GE Capital's hotel franchise finance loan portfolio.

ESSA Bancorp in Stroudsburg, Pa., has a new chairman and two new independent directors.

ConnectOne Bancorp in Englewood Cliffs, N.J., has exited the Small Business Lending Fund program.

Opus Bank in Irvine, Calif., has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group.

Robertson Banking Co. in Demopolis, Ala., has given its president, Gary Holemon, the additional title of chief executive.

The president and chief banking officer at Heritage Oaks Bancorp in Paso Robles, Calif., plans to leave the company next month.

HomeTrust Bancshares in Asheville, N.C., will name a the former North Carolina market president for Fifth Third Bancorp to its board, along with two other professionals.

With energy stocks enjoying the biggest rebound since the beginning of the oil rout, short sellers have shifted their sights to regional banks that do business with the industry.

Hancock Holding is warning of more pain in its energy portfolio as low prices continue to hamper oil and gas firms’ ability to repay their loans.

Bay Banks of Virginia in Kilmarnock has increased the size of its fourth-quarter loss, after a commercial borrower pleaded guilty to creating false financial statements.

Freedom Bank in Columbia Falls, Mont., has been released from a consent order that the FDIC and the Montana Division of Banking and Financial Institutions had implemented in December 2009.

First Sentry Bancshares in Huntington, W.Va., said it will pay $7.4 million in cash and stock to buy the $75 million-asset Rock Branch Community Bank in Nitro, W.Va.

Troubled Clarkston Brandon Community CU, Clarkston, Mich., has been merged with Michigan State University Federal Credit Union, East Lansing, Mich.

ChoiceOne Financial Services in Sparta, Mich., has given its president, Kelly Potes, the job of chief executive, too.