Naugatuck Valley Financial Corp. in Connecticut has won permission from the Office of Thrift Supervision to convert from a mutual holding company to a 100% stock-owned company.

Northern Trust Corp. will remain the title sponsor of a top professional golf tournament in Los Angeles at least through 2016.

Northern Trust Corp. will remain the title sponsor of a top professional golf tournament in Los Angeles at least through 2016.

Tri-Valley Bank in San Ramon, Calif., is looking to raise roughly $7 million in a private placement that the bank said it would use to support growth and boost its capital levels.

Tri-Valley Bank in San Ramon, Calif., is looking to raise roughly $7 million in a private placement that the bank said it would use to support growth and boost its capital levels.

Suffolk Bancorp in Riverhead, N.Y., has announced that it may need to restate earnings for several quarter after identifying weaknesses in its methodology for calculating loan losses.

Suffolk Bancorp in Riverhead, N.Y., has announced that it may need to restate earnings for several quarter after identifying weaknesses in its methodology for calculating loan losses.

ViewPoint Financial Group Inc. in Plano, Texas, said Thursday that Gary Base, its longtime president and chief executive, will retire at the end of the year.

Mounting problems in construction lending have forced NASB Financial Inc. in Grandview, Mo., to restate earnings for its fiscal first quarter and delay reporting second-quarter earnings.

Farm Credit System lenders have finally won permission from their regulator to bid on the assets of failed banks.

The Small Business Administration has named 15 individuals from the worlds of business, academia, economic development and politics to a newly created council that will advise the SBA on ways to stimulate economic growth in low-income areas and better serve disadvantaged communities.

ViewPoint Financial Group Inc. in Plano, Tex., has announced that longtime President and Chief Executive Officer Gary Base will retire at the end of this year.

Mounting problems in its construction loan portfolio have forced NASB Financial Inc. in Grandview, Mo., to restate earnings for its fiscal first quarter and delay reporting its second-quarter earnings.

AUSTIN, Texas – Greater TEXAS FCU broke ground Monday on a full service branch in nearby Manor, its first in the small Texas town.

BATON ROUGE, La. – Campus FCU is donating $10 to the Feist-Weiller Cancer Center every time a new account is opened or an existing member makes five transactions, as part of the opening of its newest branch in nearby Shreveport.

PITTSFIELD, Mass. – Greylock FCU is upgrading its ATM fleet to give the machines both physical access and communication-related elements for the visually impaired and those who have mobility handicaps.

Trustmark Corp. in Jackson, Miss., said Tuesday that Daniel Grafton has become chairman of both the company and Trustmark Bank.

F.N.B. Corp. in Hermitage, Pa., plans to sell 4.5 million shares of common stock to raise capital. The $9.8 billion-asset company said late Tuesday that the offering is being held in conjunction with its inclusion in the Standard & Poor's SmallCap 600 index after the market closes Friday.

First National Corp. in Strasburg, Va., has hired a veteran banker, Scott Harvard, as its chief executive. Harvard, the chairman of the Federal Home Loan Bank of Atlanta, is also the CEO of the First Bank unit of First National.

The activist investor Richard Lashley believes that the mutual holding company structure should be extinct and that all mutuals should operate as fully public companies.