Citigroup, a somewhat frequent seller of nonperforming loans, is in the market with a $99 million package of troubled residential mortgages, according to investors that have looked at the package.

Intermountain Community Bancorp had hoped to raise up to $8.7 million from existing shareholders, but the Sandpoint, Idaho, company only got 40% of the way there.

Bank of America will buy back $330 million of home mortgages from Freddie Mac because the bank did not get full appraisals on some properties, raising concerns that some newly originated loans are not meeting underwriting guidelines.

The Federal Reserve Board has posted a video reminding borrowers that they may be eligible for compensation if they were harmed by the foreclosure process in 2009 or 2010.

Howard Bancorp in Ellicott City, Md., is looking to raise up to $12.8 million through a combined stock sale and private placement and it intends to use at least some of the proceeds to pursue acquisitions.

The Federal Reserve has ordered Britton & Koontz Capital to obtain the regulator’s approval before making a number of strategic moves.

First Bancorp (FBNC) in Troy, N.C., surprised investors by announcing that it would replace its president and CEO, Jerry Ocheltree, with Richard Moore, a former chairman of the North Carolina State Banking Commission. Ocheltree will remain president of the company's bank.

Wells Fargo executives say it keeps its risk low through the bank’s one-size-fits-all approach to problems: greater customer focus.

The Virginia company had been fighting efforts by Schaller Equity Partners to win up to five seats on the board.

The Consumer Financial Protection Bureau said Tuesday it intends to issue a rule extending consumer protections under Reg E to general purpose reloadable cards.

GROTON, Conn. – The Waterford Planning and Zoning Commission approved an application from Charter Oak FCU to build a new, 60,000-square foot, $16-million corporate headquarters at 1055 Hartford Turnpike.

Investors are now willing to put money into community lenders with credible business plans, sufficient scale, and executives who show "courage" and "fortitude," says Greg Mitchell, CEO of First PacTrust.

Hans Morris, who left Visa in 2009 and joined private-equity firm General Atlantic, shared his payments investing philosophy with bankers and former colleagues on Monday night.

QNB Bank in Quakertown, Pa., announced Tuesday that its longtime chief executive is retiring at the end of this year and that its board has elected the bank’s president to succeed him.

Zynga's social games — especially its hit Facebook game FarmVille — are a big deal in digital payments. Its games are the key to the success of Facebook Credits, and they may provide a similar boost to American Express' Serve.

The Virginia company will have a retooled ownership, a new director and more capital after a private placement and rights offering. While Hampton Roads' private equity investors will own 90% of the company following those moves, early indications are that those companies are content with management's progress purging bad loans and cutting costs.

Northeast Community Bancorp (NECB) in White Plains, N.Y., is opening a fourth branch in Massachusetts as part of its continued expansion in the suburbs surrounding Boston.

The Federal Reserve has lifted a written agreement with Guaranty Bancorp and its bank, which could free the Denver company to retire some of its more costly debt.

Many bank buyers will stay on the sidelines until Dodd-Frank rules are written and the Consumer Financial Protection Bureau's agenda is clearer, industry experts say.

The San Francisco bank has found that, with a few clever tweaks, its retail-focused business model can create sustainable earnings in a lackluster economy and position the bank for a broader recovery, executives said Tuesday.