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The Federal Reserve Board issued an enforcement action against one of the biggest banks in China on Tuesday, ordering its New York branch to undergo broad restructuring of its anti-money-laundering compliance program.

Fifth Third Bancorp in Cincinnati reported a decline in second-quarter profit, as the costs to close branches offset loan growth.

Citizens Financial Group in Providence, R.I., showed strong consumer loan growth in the second quarter but fell slightly short of analysts' quarterly estimates as its margins declined.

CenterState Banks in Davenport, Fla., has a new president and chief executive.

Synovus Financial in Columbus, Ga., reported higher second-quarter income tied to a lower loan-loss provision.

FirstBank Holding in Lakewood, Colo., reported higher profit through the first half of this year, as both loans and deposits grew.

BancorpSouth in Tupelo, Miss., reported higher second-quarter profit, as an increase in loan volume offset lower yields on loans and leases.

American Riviera Bank in Santa Barbara, Calif., has agreed to buy Bank of Santa Barbara.

PeoplesSouth Bank in Colquitt, Ga., has agreed to buy Cadence Bancorp's Florida Panhandle branch network.

Bryn Mawr Bank in Pennsylvania said its chief financial officer resigned and it appointed two interim executives to fill his roles.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.

Teachers Credit Union, based here, has completed the purchase and assumption of Lakeside FCU of Hammond, Ind., NCUA announced Friday.

First Horizon National in Memphis, Tenn., returned to profitability after reporting a staggering first-quarter loss tied to a mortgage settlement.

Sunshine Bancorp in Plant City, Fla., has agreed to buy two branches from First Federal Bank of Florida.

Seaboard FCU here has selected Synergent for its core processing needs.

Prince George's Community Federal Credit Union on Thursday announced the passing of its founder, A. Virginia Stallings.

Panelists focus on small credit union sustainability and growth at the combined America's CU and World Credit Union Conference. Topics included recruiting and retaining top talent, tackling technology, managing merger mania and the power of differentiation.

Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.

CoBiz Financial in Denver has added the owner, chairman and chief executive of the Colorado Rockies baseball franchise to its board.