GLENDALE, Ariz. – Alaska USA FCU said has agreed to build a data center in north Glendale in 2012.

The companies said in a press release Monday that "irreconcilable differences of opinion regarding a number of matters" had developed and, as such, the boards had decided to terminate their agreement.

Hedge fund Hildene Capital fights carve-out agreement, arguing that if BankAtlantic wants to sell most of its assets, the buyer has to assume its debt.

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First National Community Bancorp Inc. in Dunmore, Pa., has turned to Steven R. Tokach, a community banking veteran and a former examiner with the OCC, to help it resolve its ongoing accounting woes.

BarclayCard and Visa Europe will facilitate contactless payments in the arena during the Summer Olympics and other major events.

Toronto-Dominion's U.S. bank is slowly carving out a wider wedge of the tumultuous market for retailers' credit cards.

Throughout his career, Barney Frank was unapologetic about his strong positions, but his legacy will be his ability to work the legislative process to his advantage.

During the last century, economic growth in the United States was unparalleled. A large portion of that growth came from the explosion of capital formation for small companies. It is high time that America gets back to that future.

Several community banks have decided to forgo an appeal of decisions by major stock exchanges to delist their shares, deciding the benefits of a listing aren't worth the cost of the fight.

Citigroup Inc.'s $285 million settlement with the U.S. Securities and Exchange Commission over mortgage-backed securities was rejected by federal judge who said he hadn't been given enough facts to approve it.

Taylor Capital Group Inc. in Chicago is looking to add up to $72 million in common equity that it says would strengthen its capital position and give it the flexibility to pursue growth opportunities.

The Consumer Financial Protection Bureau sets up offices to oversee three financially vulnerable groups.

Analysts believe that community banks face new challenges in 2012 after addressing capital and credit issues.

And in good news for the economy, online spending over the Thanksgiving weekend was dramatically higher than last year.

Raymond James Financial Inc. named company executive Dennis Zank as its new chief operating officer, one of a handful of executive changes at the investment-banking and wealth-management firm.

Nara Bancorp and Center Financial Corp. will operate under the name BBCN Bank with a new corporate logo after the merger of the two companies is completed.

Coming off its 13th consecutive quarterly loss and struggling to meet capital requirements set by regulators, Atlantic Coast Financial Corp. in Jacksonville, Fla., is considering selling itself to another bank.

Atlantic Coast Financial Corp. said it will explore strategic options, including a potential business combination, after it didn't meet minimum capital requirements and has posted four straight quarters of losses.

GLASTONBURY, Conn.-Highly efficient branches using teller capture are saving the front-line team 80% of their daily keystrokes and significantly shortening end-of-day activities.