Community Financial Shares Inc. in Glen Ellyn, Ill., reported a steeper loss, $2.8 million, in the second quarter than the $446,000 a year earlier and blamed loss provisioning.

Superior Bancorp in Birmingham, Ala., said its net loss widened significantly in the second quarter, largely because of a huge boost in its provision for loan losses.

Montana's banks are struggling with weak loan demand and delinquent construction loans. Yet this summer they're getting a much-needed buffer from tourists, whose dollars are flowing into communities near the state's two bustling national parks.

With a break expected from the Treasury Department, Carver Bancorp Inc. in New York soon will have more equity available to address a growing pool of problem assets.

The Federal Reserve on Monday announced an enforcement action against First Banking Center Inc. to ensure the bank is adequately capitalized.

FAIRFAX, Va.-Do credit unions know themselves? According to Paul Lucas, a marketing and branding consultant for credit unions and CUSOs, the answer is no — at least not enough to know their brand.

MILWAUKEE, Wis.-The record number of mergers among credit unions in recent years has created two camps of thought when it comes to rebranding: ease members of the acquired CU into the new brand, or move quickly and let members adjust.

SEATTLE-At risk of sounding like a "lawyer," Jim Haack says the answer for how to best rebrand a branch after a merger is "it depends."

MILWAUKEE-A credit union's brand is much more than just an accessory that is bought and checked off a post-merger list.

BankUnited is planning an initial public offering 15 months after the Florida lender collapsed and was acquired by investors including Carlyle Group and WL Ross & Co., according to people with knowledge of the matter.

WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

Hampton Roads Bankshares in Norfolk announced Thursday that the Treasury had agreed to take a 74% discount on its $80.3 million investment, accepting $21 million of common equity. The investment was made through the Troubled Asset Relief Program.

DURHAM, N.C. – Latino Community CU is opening a new service facility in Carrboro, its 10th branch in North Carolina.

WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

Saehan Bancorp's net loss narrowed sharply in the second quarter while asset quality and net interest margins improved.

FGBC Bancshares Inc. in Franklin, Ga., has entered into a consent order with state regulators requiring it to boost capital ratios.

Center Financial Corp. said Friday that it revised its first-quarter results, posting a net loss rather than a profit, because of a stock conversion completed in March.

Until Lakeside Bank in Lake Charles, La., threw open the doors to its double-wide trailer recently — the bank is so new, its building isn't ready yet — no start-up banks had gotten off the ground in the entire country this year.

The Federal Trade Commission on Thursday told the U.S. Senate Committee on Commerce, Science, and Transportation that protecting financially distressed consumers from deceptive debt relief schemes is a top agency priority.

BankUnited is planning an initial public offering 15 months after the Florida lender collapsed and was acquired by investors including Carlyle Group and WL Ross & Co., according to people with knowledge of the matter.