SCB Bank in Shelbyville, Ind., is running low on capital after management opted to set aside more than $11 million to cover problem loans dating to the tenure of its former chief executive.

Given the rocky results of past couplings, rival brokerages and observers will be closely watching Sterne Agee & Leach's acquisition of an unidentified bank.

Two struggling community banks — Waccamaw Bancshares Inc. in Whiteville, N.C., and First Mariner Bancorp in Baltimore — have received letters from the Nasdaq Stock Market warning that their stocks could be removed from the exchange for failing to meet basic listing requirements.

The estimated number of collection agencies and creditors that were sued in the April 16-30 period jumped to 540 compared with 504 in the first half of April, according to data from U.S. District Courts.

California Attorney General Kamala Harris is creating a task force aimed at cracking down on mortgage fraud in the country's largest state, according to a report in the Los Angeles Times.

Less than two years after it acquired Federal Trust Bank in Sanford, Fla., so it could qualify for a federal bailout, insurance giant Hartford Financial Services Group Inc. is selling the thrift to another Florida banking company.

SCB Bank is running low on capital after its management opted to set aside more than $11 million to cover problem loans made during the tenure of its former chief executive.

HUNTSVILLE, Ala. – Redstone FCU last week said it plans two new branches, one in the City of Madison and the other in Murfreesboro, Tenn.

Three failures late Friday, including a pair in Georgia, cost the Federal Deposit Insurance Corp. an estimated $445 million.

Three failures late Friday, including a pair in Georgia, cost the Federal Deposit Insurance Corp. an estimated $445 million.

After years of experimentation, some banks are finding the right mix of technology, ambiance and human interaction. The most effective formula varies, and the only constant is that there are no absolutes.

For the first time in its history, Virginia Community Bank in Louisa has a CEO whose name is not A. Pierce Stone.

For the first time in its history, Virginia Community Bank in Louisa has a CEO whose name is not A. Pierce Stone.

Berkshire Hills Bancorp Inc. and Legacy Bancorp Inc., both of Pittsfield, Mass., have agreed to sell off four overlapping branches as a condition of their merger.

Berkshire Hills Bancorp Inc. and Legacy Bancorp Inc., both of Pittsfield, Mass., have agreed to sell off four overlapping branches as a condition of their merger.

Aiming to beef up its wealth management business, Provident Bank in Jersey City has struck a deal to acquire Beacon Financial Corp. of Morristown, N.J., for up to $10.5 million in cash.

Aiming to beef up its wealth management business, Provident Bank in Jersey City has struck a deal to acquire Beacon Financial Corp. of Morristown, N.J., for up to $10.5 million in cash.

The National Credit Union Administration has liquidated the Hmong American Federal Credit Union in St. Paul, Minn. The agency said Thursday that it made the move to discontinue the $2.7 million-asset credit union's operations after determining that Hmong was insolvent.

UMB Financial Corp. in Kansas City, Mo., said late Wednesday that it would pay $7.8 million to settle a lawsuit over overdraft fees.

Enterprise Financial Services Corp. in St. Louis said Wednesday that it will raise $28.6 million with a public offering.