FNB Bank Inc. of Mayfield, Ky., has agreed to buy three Kentucky bank branches and a pool of loans from Integra Bank of Evansville, Ind.

There's a new wrinkle in the latest round of recapitalizations: The only way for the banks involved to win is for taxpayers to lose.

A month or two before Fannie Mae's new quality-control requirements take effect, lenders are grumbling that the changes will delay closings and reduce originations without much improving loan quality.

Two senators introduced legislation Thursday to restrict debt settlement companies from collecting fees before a settlement is reached. Under the legislation, consumers would receive detailed upfront disclosures - including a list of all costs and promised services.

WASHINGTON — The Federal Reserve announced enforcement actions Thursday against Coast Bancorp, a move to help maintain financial soundness at the company, according to the Fed order.

Rep. Darrell Issa, the lead Republican on the House Oversight and Government Reform Committee, is asking the Federal Deposit Insurance Corp. to explain why it waited so long to close a bank owned by the family of a candidate for the U.S. Senate.

PORTLAND, Ore. – OnPoint Community CU yesterday announced plans to open three new branches in central Oregon’s Deschutes County, where it expanded last year.

CANTON, Ohio – Champion CU is staging a scavenger hunt for cash to celebrate the opening of its new branch in Waynesville.

HARRISBURG, Penn. – Members 1st FCU next month will open a branch on the first floor of the Strawberry Square shopping center across from the state Capitol in downtown Harrisburg.

MIDDLE ATLANTIC

Flagstar Bancorp Inc. of Troy, Mich., reported Wednesday that its first-quarter loss widened to $82 million from $67.4 million a year earlier. Yet the $14.4 billion-asset company still managed to raise $576.7 million of fresh capital, which analysts said will enable it to ride out persistent credit-quality issues.

After slamming on the brakes in 2006, Wintrust Financial Corp. in Lake Forest, Ill., is revving its growth engine once more. The $12.8 billion-asset company on Friday purchased two of the seven banks that failed in the Chicago area the same day.

WABASH, Ind. – Officials in Plymouth approved a three-year tax abatement to induce Beacon CU to build a new branch that will add 10 jobs.

The struggling First State Bancorp. in Albuquerque narrowed its first-quarter loss by 36% from a year earlier, to $15.7 million, as it cut its credit costs by half.

Six weeks after scrapping a long-delayed deal, Republic First Bancorp Inc. in Philadelphia is looking to raise more capital.

The sudden resignation of Philip Sherringham as the chief executive of People's United Financial Inc. in Bridgeport, Conn., on Monday has left observers wondering what went wrong at a company where so much is going right.

An estimated 525 different collection agencies and creditors were sued under consumer statutes, primarily the Fair Debt Collection Practices Act and the Fair Credit Reporting Act, in the first half of April, according to data from U.S. District Court dockets. The number is the same as the total in the second half of March and down slightly from 545 in the first half of March.

POUGHKEESPIE, N.Y. – Hudson Valley FCU, coming off a profitable 2009, said it plans to build two new branches this year.

The Chicago company said Monday that its loans declined slightly in the first quarter as it struggled to find new qualified borrowers and focused its attention on resolving the troubled loan portfolio that has dogged it in the past two years.

The National Credit Union Administration took St. Paul Croatian Federal Credit Union under conservatorship on Friday because of the $250 million-asset institution's declining financial condition.