Location Root Tag

Chemical CU in Clinton, Iowa, has agreed to merge with DuTrac Community CU in Dubuque, Iowa.

Ambitious Renasant Corp. in Mississippi is still billions of dollars away from a key regulatory threshold of $10 billion in assets, but it's getting ready now for the demands that come with growing that large. Two of its top executives explain why.

A large activist investor has given an early vote of confidence to Malvern Bancorp's new chief executive, while backing off of demands that the Paoli, Pa., company sell itself.

Shaza Andersen recently sent out a companywide email stating that employees who don't deposit their paychecks into a WashingtonFirst account will soon be required to pick up paper checks — from her office.

Banks on opposite coasts — Sterling Bancorp in New York and Banner in Washington — are joining the list of institutions teetering on the $10 billion-asset threshold where a slew of new regulation kicks in. The banks' CEOs said they were finally able to peg the expected costs of reaching that size.

Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.

Hanmi Financial in Los Angeles reported higher quarterly earnings as organic loan growth and an acquisition offset significant margin pressure.

Fidelity Southern in Atlanta has agreed to buy deposits and loans from Florida Capital Bank.

The City of Providence, R.I., has dropped its lawsuit against Santander Bank, over charges the bank deliberately failed to provide mortgages in minority communities.

It has been three months since Bankwell Financial's CEO left abruptly. Some observers say it might make sense for Bankwell — and others in a similar spot — to consider selling while no change-of-control payout is involved.

Beneficial Bancorp in Philadelphia could raise as much as $633 million through its second-step conversion.

Opus Bank in Irvine, Calif., has signed a lease to open its first banking office in Oregon.

A court in Puerto Rico court has affirmed its decision that Doral Financial is entitled to a $230 million tax refund from the territory's Treasury Department.

Glacier Bancorp in Kalispell, Mont., has agreed to buy Montana Community Banks Inc. in Ronan, Mont.

Late Wednesday, Banner Corp. in Walla Walla, Wash., announced it would acquire AmericanWest Bank in a $702 million stock-and-cash deal.

Clashes between directors and management are becoming routine at Cardinal Bankshares in Virginia, which recently forced out its CEO for the second time in two years.

Cardinal Bankshares in Floyd, Va., is switching leaders again, though it is unclear when the new chief executive will step in.

Sterling Bancorp in Montebello, N.Y., has agreed to buy Hudson Valley Holding in Yonkers, N.Y.

The bank unit of Carver Bancorp in New York has been released from a cease-and-desist order by federal regulators.

First Banks Inc. in St. Louis said that Terrance McCarthy will retire as president and CEO on Feb. 13. McCarthy will also step down from the board. Timothy Lake, president and CEO of banking unit First Bank, will succeed McCarthy.