Location Root Tag

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.

First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.

Boards at community banks are being asked to have greater oversight of cybersecurity issues as data breaches continue to mount. The challenge is balancing such work with other demands.

The $184 billion-asset company said in a press release Wednesday that Ricky Brown had taken the reins at Branch Bank & Trust.

Flagstar Bancorp is negotiating with the Consumer Financial Protection Bureau over potential violations in the Troy, Mich., company's default servicing business.

Blackhawk Bancorp in Beloit, Wis., has a new president.

Sound Community Bank in Seattle has acquired three branches on the Olympic Peninsula from Columbia Bank in Tacoma, Wash.

Customers Bancorp in Wyomissing, Pa., disclosed that regulators may not take action against it for alleged non-compliance with certain laws.

Columbia Commercial Bancorp in Hillsboro, Ore., has changed its name to Premier Commercial Bancorp.