Location Root Tag

The $17 billion-asset holding company for First National Bank of Pennsylvania plans to use the proceeds for general corporate purposes, according to a Wednesday news release.

Great Southern Bancorp in Springfield, Mo., has agreed to buy 12 branches around St. Louis from Fifth Third Bancorp in Cincinnati.

OFG Bancorp in San Juan, Puerto Rico, will record a pretax loss of roughly $21 million after its sells all remaining nonperforming assets from its 2010 purchase of the failed Eurobank.

Bank of Hawaii in Honolulu is getting out of the aircraft leasing business.

Get a bunch of community bankers together and they start sharing efficiency ratios like golf scores. There seem to be more bogeys than holes in one these days in the course of cost-cutting.

Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.

Bank of America plans to lay off about 200 employees in global banking and markets, the Wall Street Journal reported Tuesday.

Ameris Bancorp in Moultrie, Ga., plans to close 10 branches in an effort to save about $5 million a year in operating costs.

Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.

Nicolet Bankshares in Green Bay, Wis., has redeemed about half of its outstanding preferred stock in the Small Business Lending Fund.

1st Century Bancshares in Los Angeles has filed plans to raise $30 million through a sale of common stock.

The six largest U.S. banks have jointly issued support for a "strong global climate agreement," ahead of a global summit on climate change in Paris in December.

Citigroup has agreed to issue private-label credit cards for Wawa, a Mid-Atlantic convenience store chain.

MUFG Americas Holdings in New York, the holding company for California's Union Bank, has named Kanetsugu Mike chairman of the holding company and bank.

The $4.8 billion-asset HomeStreet said in a press release Monday that it will pay $49.8 million in stock, or $11.70 a share, and $5.5 million in cash for the $200 million-asset Orange County Business Bank.

The $417 million-asset company appointed John Kaufman, 33, as CFO on Friday, according to a news release. Kaufman was also named CFO of MSB's Millington Savings Bank.

BB&T in Winston-Salem, N.C., will close five National Penn Bancshares branches in Pennsylvania after it completes its acquisition of the Allentown, Pa., company.

Pinnacle Bancorp in Central City, Neb., has agreed to buy Woodhaven National Bank in Fort Worth, Texas.

Cardinal Financial made a big push into wealth management a decade ago. Today, it remains an inconsistent business, though management is optimistic about the future.

Santander Bank has hired Siobhan Schroth as market director for corporate and commercial banking in New York and New Jersey.