South Carolina

With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week.

NAFCU has canceled its annual Congressional Caucus in Washington in advance of the storm as credit unions in the Carolinas and Virginia do what they can to prepare and, in some cases, begin evacuations.

Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.

Beacon Community Bank, which opened in January, raised $34 million through a private placement.

The National Credit Union Administration has approved a field of membership expansion for the Myrtle Beach-based credit union.

California officials had accused Advance America of wrongly assessing Department of Motor Vehicles fees on its payday loans to skirt the state's interest rate cap.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

Longtime CEO John Radebaugh will retire July 1, at which time EVP/COO Dan Schline will take the helm.