- Ohio
Fifth Third Bancorp has agreed to pay nearly $85 million to settle fraud charges related to undisclosed defective Federal Housing Administration-insured loans.
October 7 -
MBT Bancorp in Monroe, Mich., is planning to close four branches. The $1.3 billion-asset company also said it would stop offering retail services at a corporate office in Wyandotte, Mich.
October 6 -
A pair of community banks have lined up funding through separate subordinated-debt agreements with a firm in the Cayman Islands.
October 6 -
Sunshine Bancorp in Plant City, Fla., has hired another former executive from the former Susquehanna Bancshares in Lititz, Pa.
October 6 - Virginia
Capital One Financial has allowed shareholders to nominate candidates to the companys board of directors, joining a spate of large U.S. companies moving to open access to proxy ballots.
October 6 -
Marlin Business Services in Mount Laurel, N.J., has partnered with property and casualty insurer Hartford Financial Services Group to expand services for its core clientèle.
October 6 -
A looming dividend spike tied to the Small Business Lending Fund convinced Hopewell Valley Community Bank in Pennington, N.J., to sell itself.
October 6 -
Synechron, a consulting firm to the financial services industry, has acquired Crossbridge, a London-based consulting firm.
October 6 -
Hancock Holding in Gulfport, Miss., has agreed to buy a portfolio of health care loans from United Community Banks in Blairsville, Ga.
October 6 -
First Cecilian Bancorp in Cecilia, Ky., has agreed to buy Farmers Bancshares in Hardinsburg, Ky.
October 5 -
CenterState Banks in Davenport, Fla., has agreed to buy Community Bank of South Florida in Homestead.
October 5 -
Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.
October 5
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Lebenthal Holdings, the family-owned wealth management firm run by Alexandra Lebenthal, has hired former Ally Bank chief Barbara Yastine to be co-chief executive.
October 5 -
SEATTLE Tiny Northwest Baptist Federal Credit Union on Friday merged into $633 million Seattle Metropolitan Credit Union. The combined credit union will hold $635 million in assets and serve 45,000 members with a total of 7 branches throughout the Greater Seattle area.
October 5 -
Banc of California in Irvine has agreed to buy a Santa Ana office building for $77 million for its headquarters.
October 5 -
C1 Financial in St. Petersburg, Fla., is reportedly looking to sell itself.
October 5 -
A bank failure in Georgia and then another in Washington state late Friday were estimated to cost the Federal Deposit Insurance Corp. nearly $25 million.
October 2 -
Trinity Capital in Los Alamos, New Mexico, and its subsidiary Los Alamos National Bank will pay a $1.5 million penalty to the Securities and Exchange Commission following charges of accounting fraud.
October 2 -
BB&T in Winston-Salem, N.C., has agreed to acquire a stake in Miller Insurance Services, a Lloyd's market broker.
October 2 -
The Federal Reserve Bank of Philadelphia has lifted a cease-and-desist order for Carver Bancorp that was issued in February 2011.
October 2
