Location Root Tag

Mt. Washington Savings Bank in Cincinnati is planning to convert from a mutual savings and loan association to a company partly owned by public shareholders.

Cardinal Financial in Tysons Corner, Va., has agreed to buy a Virginia branch from Virginia Heritage Bank.

ALEXANDRIA, Va. — Federally insured credit unions parlayed an improving economy in the second quarter of 2014 to the highest year-over-year loan growth since 2006, according to new analysis released Tuesday by the National Credit Union Administration.

The company is opening high-tech loan production offices and using data analytics to match customers with products. But like other banks seeking to modernize, Seacoast is trying to balance short-term needs with costly long-term investments.

New York Attorney General Eric Schneiderman has charged Evans Bancorp in Hamburg, N.Y., with deliberately failing to provide mortgages in minority neighborhoods in Buffalo.

Pacific Premier in Irvine, Calif., has raised approximately $59 million through a private placement.

FRESNO, Calif. — Crooks this weekend stole a backhoe, drove it to a nearby CU and attempted to rip open the ATM outside the office and the cash vault beneath it.

The Bank of Napa has established a relief fund for victims of the recent California earthquake, which was centered in the bank's local area.

Prudential Bancorp in Philadelphia has agreed to add a director recommended by activist investor Seidman Group.

Barclays Bank is planning to open a global technology support center in McKinney, Texas.

As consolidation heats up, bankers are pushing back against lawsuits challenging a deal's merits. Experts say the law firms pursuing litigation are motivated by fees and often withdraw when bank lawyers use legal maneuvers to lengthen the process.

Regulatory delays have forced ViewPoint Financial in Plano, Texas, and LegacyTexas Group in Plano to push back the closing date for their planned merger a second time.

Great Western Bancorp in Sioux Falls, S.D., has filed documents for an initial public offering.

Unity Bancorp in Clinton, N.J., raised $6.3 million from a rights offering.

BNC Bancorp in High Point, N.C., has filed to sell up to $150 million in securities. The $3.7 billion-asset company said in a filing Tuesday that it could issue common and preferred stock, debt securities and other securities from time to time.

Regions Financial in Birmingham, Ala., should save some money after deciding against filling a soon-to-be-vacant executive post.

Northwest Bancshares in Warren, Pa., has promoted two executives and eliminated a pair of high-level positions.

First Bancorp in Southern Pines, N.C., will close 10 branches in three states.

Mid Penn Bancorp in Millersburg, Pa., has agreed to buy Phoenix Bancorp in Minersville, Pa.

Premara Financial in Charlotte, N.C., has named an interim president after the abrupt departure of its long-time leader.