Delaware

The chief financial officer of WSFS Financial in Wilmington, Del., is leaving the bank holding company for Seacoast Banking in Stuart, Fla.

SEAFORD, Del. — The members who get the most out of their relationship with $252 million Sussex County Federal Credit Union received a Valentine's Day present of sorts.

The Bancorp in Wilmington, Del., reported a quarterly loss as it racked up higher expenses to resolving anti-money laundering issues.

Malvern Bancorp in Paoli, Pa., has entered a partnership with Bell Rock Capital in Delaware to offer wealth management services.

The Bancorp in Wilmington, Del., has sold nearly $267 million of commercial loans to an investor group.

James Ladio, a former chief executive of MidCoast Community Bank in Wilmington, Del., was sentenced to two years in prison for his role in a fraudulent loan scheme.

The Bancorp in Wilmington, Del., will have a new chief executive next year.

Wells Fargo plans to sell an $8.5 billion portfolio of federal student loans to Navient, the educational loan servicer that recently split off from Sallie Mae.

The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.

CLAMONT, Del. — Transforming one location of Eagle One FCU here has transformed branch traffic as well.

The Bancorp in Wilmington, Del., has revised its second-quarter results and now says it turned a modest profit in the quarter that ended June 30.

The Bancorp (TBBK) in Wilmington, Del., is looking to sell up to $50 million in common stock.

Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.

First Savings Bank of Perkasie in Pennsylvania has acquired investment advisor Longview Capital Management in Wilmington, Del.

Rodger Levenson of WSFS Financial (WSFS) in Wilmington, Del., has been appointed chairman of the Delaware Bankers Association.

WSFS Financial (WSFS) in Wilmington, Del., realized some of the benefits of its M&A strategy last quarter.

WSFS Financial (WSFS) Chief Executive Mark Turner has been picked to lead a Delaware business group.

WSFS Financial in Wilmington, Del., has repurchased preferred shares it issued the Troubled Asset Relief Program.

Bryn Mawr Bank (BMTC) in Pennsylvania and MidCoast Community Bancorp in Wilmington, Del., have terminated plans to merge.

Normally community banks avoid loan participations with nearby rivals, but a group of Delaware banks decided they had to do so to compete with big banks — and survive.