John Everets led a group of investors that rescued Savings Bank of Maine, which serves a tiny community an hour north of Portland, from the brink last month by spearheading a $60 million investment.

WICHITA, Kan. – Catholic Family FCU has hired local contractor Van Asdale Construction LLC to build a new home office for the $25 million credit union.

TACOMA, Wash. – Community First CU, the state’s oldest credit union, said it is moving to a new headquarters in nearby DuPont at the end of the year.

BankAtlantic Bancorp Inc. of Fort Lauderdale, Fla., Thursday announced pricing for its $25 million rights offering. The $4.7 billion-asset company said it would sell shares to existing shareholders at $1.50 a share, a 21% discount to the stock's price on June 1, the day before the company announced the rights offering.

CNB Financial Corp. in Clearfield, Pa., expects to raise $27 million through a common stock offering.

Bank of Internet USA in San Diego is offering a loan portfolio program that few banks of its size are willing to hold: jumbo and super-jumbo mortgages.

Federal regulators have given PremierWest Bancorp in Medford, Ore., 60 days to come up with a capital plan even though the company raised capital in the first quarter.

WSFS Financial Corp. in Wilmington, Del., is preparing to raise as much as $150 million in fresh capital.

Northfield Bancorp Inc. in Avenel, N.J., plans to raise up to $463 million of capital by converting from a mutual holding company to a stock company.

Mississippi's slower-paced banks have fared far better than their higher-flying Southeastern cousins. Yet the tortoise-beats-the-hare story may be spoiled if the oil spill leaks into the state's economy.

Northfield Bancorp Inc. announced Thursday it plans to sell up to an estimated $821.3 million in stock as part of its ownership conversion from a mutual holding company.

The owner of a bank in Oregon cannot pay dividends without prior Federal Reserve approval. The Fed on Wednesday released its agreement with PremierWest Bancorp, which owns PremierWest Bank in Medford, Ore.

HARRISONBURG, Va. – DuPont Community CU has purchased the former NewBridge Bank branch for $1.2 million.

Bank securities held by the Treasury Department through the Troubled Asset Relief Program would no longer count toward a banking company's Tier 1 capital under the Senate's version of the reform bill, legal experts said.

WASHINGTON — Industry groups continued their full-court press Wednesday to keep an interchange provision out of the final regulatory reform bill, but whether they could succeed was an open question.

NEW ENGLAND

More bankers are grappling with the prospect that the government will soon go from being a passive investor in their companies to an influence in the boardroom.

The $3.2 billion-asset company announced late Tuesday that it had agreed to buy the privately held LaFollette First National Corp. for $16.1 million in cash, or $650 a share, about 1.05 times LaFollette's tangible book value.

The biggest banks continued to pay about half what the smallest banks paid for funding in the first quarter.

Re: "Despite Strength, Ag Lenders Face Heightened Reg Scrutiny" In 2008, I told all of our farm borrowers that my dad sold corn for $3.12 in August, 1975. By August, 1977, the price of corn below $1.60. Of course prices are going in the tank. That is not the time to sell.