Nevada

By seizing the Montgomery, Ala., unit of Colonial BancGroup Inc. on Friday and selling it to BB&T Corp., regulators nullified a contract that Colonial had made to sell 21 Nevada branches to a blank-check company, Global Consumer Acquisition, analysts said. Without those offices, Global Consumer's other proposed acquisition may be hard to justify. The company had agreed to buy 1st Commerce Bank in North Las Vegas from Capitol Bancorp Ltd., largely for the charter.

WASHINGTON — Following the largest failure of the year, and the collapse of a small mutual in Pennsylvania, regulators shut three western banks late Friday ...

The National Credit Union Administration on Wednesday closed Community One FCU, Nevada's eighth-largest credit union.

With the backing of its deep-pocketed parent, Mutual of Omaha Bank intends to continue buying troubled or failed banks, and within 10 years it could even "rival" its ...