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Presidio Bank in San Francisco has raised $9.5 million through a private placement.

Fulton Financial in Lancaster, Pa., reported lower quarterly earnings after its noninterest income fell.

Hudson City Bancorp in Paramus, N.J., reported lower quarterly profit as its balance sheet continues to shrink.

Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Independence Bank in Newport Beach, Calif.

U.S. Bancorp reported a steady quarterly profit that matched analysts' estimates as the company made more loans to businesses.

First Horizon National in Memphis, Tenn., has agreed to buy TrustAtlantic Financial in Raleigh, N.C.

LOS ANGELES — Credit unions may have found a powerful new ally in their long-running battle to increase their recognition by the general public.

Cece Stewart, a 35-year banking veteran who retired from Citigroup in April, has joined the board of First Horizon National Corp. in Memphis, Tenn.

Subprime auto lender Exeter Finance will have a new chief executive in two weeks.

TrustCo Bank in Glenville, N.Y., reported higher quarterly earnings driven by increased lending. The $4.6 billion-asset company's third-quarter earnings rose 5% from a year earlier, to $10.7 million.

Empire Bancorp in Islandia, N.Y., posted stronger quarterly earnings after working to make loans a higher percentage of total assets.

Regions Financial in Birmingham, Ala., will stop using high-to-low reordering of checks and debits next year, resulting in a revenue loss of between $10 million and $15 million per quarter.

The Mortgage Bankers Association is honoring Pentagon Federal Credit Union in Alexandria, Va., for providing affordable housing and post-deployment assistance to military families and war veterans.

Customers Bancorp in Wyomissing, Pa., reported higher quarterly earnings as higher revenue offset a spike in expenses.

CNB Financial reported higher quarter earnings after buying FC Bancorp in Ohio. The $2.2 billion-asset company reported an 18% increase in third-quarter earnings from a year earlier, to $5.5 million.

BBCN Bancorp in Los Angeles reported a decline in quarterly earnings tied to higher expenses and a rise in loan payoffs.

The $2.9 billion-asset company's third-quarter earnings more than tripled from the second quarter, which included upfront merger-related expenses, and rose 72% from a year earlier, to $5.9 million.

The Mississippi company withdrew two merger applications in August after the FDIC targeted its Bank Secrecy Act compliance. Management says it has made significant progress and is looking forward to a follow-up exam early next year.

Signature Bank in New York reported higher third-quarter profits driven by an uptick in commercial and multifamily lending.

First Defiance Financial in Defiance, Ohio, reported higher quarterly profit after posting higher fee income.