Location Root Tag

WSB Bancshares in Wellington, Texas, has agreed to buy XIT Bancshares in Littlefield, Texas.

Bank of the West has reached an agreement to become the official bank of its neighbor across San Francisco Bay, the University of California, Berkeley.

CNB Bancshares in Sevierville, Tenn., plans to buy National Bank of Tennessee, after the Newport, Tenn., bank's holding company files for bankruptcy.

The chief executive of First Capital Bancorp in Glen Allen, Va., plans to resign, about a month after the company agreed to sell itself.

First Banks in Clayton, Mo., has announced that Chairman James Dierberg's son will succeed him, marking the fourth generation of the Dierberg family to lead the company.

Deutsche Bank agreed to pay $258 million to the Federal Reserve and New York’s Department of Financial Services, and to fire six employees, to resolve a probe into sanctions violations from 1999 to 2006 for allegedly handling transactions linked to Iran, Libya, Syria, Burma and Sudan.

Luther Burbank Savings, in Santa Rosa, Calif., has established three home loan programs aimed at helping low- and moderate-income borrowers afford to buy homes in nine California counties.

F&M Bancshares in Trezevant, Tenn., has agreed to buy Medina Banking in Medina, Tenn. The $308 million-asset F&M Bancshares said in a press release that it expects the transaction to close early next year.

The $3.9 billion-asset company said in a press release Wednesday that Bernard Clineberg, 66, will step down as president and chief executive in January. Christopher Bergstrom, Cardinal’s chief credit officer and chief risk officer, will succeed Clineberg as acting president and CEO. Clineberg will remain the company’s chairman.

Claremont Savings Bank in New Hampshire has found a successor to Chief Executive Sherwood Moody.

First National Corp. in Strasburg, Va., will redeem about $14.6 million of preferred stock that was originally issued through the Troubled Asset Relief Program.

FirstBank Holding in Lakewood, Colo., has picked new presidents for its Denver market and its market for the western suburbs of Denver.

Chippewa Valley Bank in Winter, Wis., has agreed to buy most of the assets of State Bank of Drummond in Drummond, Wis.

MasterCard has appointed Craig Vosburg to president of North America markets.

CIT Group, the commercial lender that’s expanded into retail banking, posted profit that beat analysts’ estimates as loans and deposits increased with the acquisition of OneWest Bank Group.

BlackRock's cash-management business has agreed to manage about $87 billion in assets for Bank of America clients as it seeks to build scale in an industry grappling with money-market fund regulations.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy Floridian Financial Group in Lake Mary.

First Horizon National in Memphis, Tenn., will record an $11.6 million expense in the third quarter, after an arbitration panel officially ruled against it in a securities-related dispute with First United Corp. in Oakland, Md.

WireCash, an online marketplace for international remittances, has added the Brazilian company Pontual to its platform.

UMB Financial in Kansas City, Mo., announced that its president has resigned. Peter deSilva also vacated his post at chief operating officer, the $18.6 billion-asset company said in a press release Monday.