Connecticut Attorney General Richard Blumenthal sued Westport National Bank and a Wilton, Conn., money manager on Monday for "effectively aiding and abetting" a fraud by convicted Ponzi scheme operator Bernard Madoff.

NEWPORT NEWS, Va. – Langley FCU said it has agreed to donate office space to ClearPoint Credit Counseling Solutions, which will provide counseling and educational presentations to credit union staff, members and the public.

COLLINSVILLE, Ill. – Scott CU yesterday said it wants to relocate its corporate headquarters to the nearby city of Edwardsville, inside the Gateway Commerce Center Enterprise Zone.

Bank of Hawaii Corp. in Honolulu reported Monday that first-quarter earnings increased roughly 46%, to $52.7 million, compared with a year earlier. The rise was partly because of lower credit costs and higher net interest income.

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Southwest Bancorp Inc. in Stillwater, Okla., said Monday that it had earned $3.3 million in the first quarter, more than 11 times its year-earlier profit.

CapitalSource Inc. in Chevy Chase, Md., announced Monday that it has acquired MainStreet Lender LLC, a Small Business Administration lender, for $100 million.

A Chicago start-up venture called GreenChoice Bank has entered into an agreement to acquire the undercapitalized Family Federal Savings of Illinois through a supervisory conversion.

Two operators of a mortgage modification scam in California were sentenced last week to a year in jail and four years probation and must repay more than $32,000 to three dozen victims - a sum that could increase if more victims come forward.

ATLANTA-A new study has found shared branching has helped credit unions capture more consumers dissatisfied with banks, especially higher-revenue households.

After selling a large chunk of its nonperforming assets in the fourth quarter, State Bancorp Inc. in Jericho, N.Y., returned to profitability in the first quarter.

WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.

SOUTH LANSING, Mich. – Lake Trust CU, a newly created credit union giant, on Friday broke ground on a new branch on the former Brownfield site of Lansing’s long-abandoned Regent Inn.

WASHINGTON — TD Bank of Wilmington, Del., purchased three separate failed banks in Florida late Friday, totaling $3.9 billion in assets, on a night that saw a total of eight bank collapses.

The $5.1 billion-asset company, with dual headquarters in Lansing, Mich., and Phoenix, announced Friday that it had entered into stock redemption agreements with the local owners of Fort Collins Commerce Bank, Larimer Bank of Commerce and Loveland Bank of Commerce.

Commerce Bancshares Inc. in Kansas City, Mo., said its first-quarter earnings rose 43% from a year earlier, to $44.2 million.

When Bank of North Carolina took over Beach First National Bank in Myrtle Beach on April 9, the seller was the first bank failure in South Carolina in 11 years.

ROCK HILL, S.C. – Family Trust FCU plans to begin construction early next year on its first branch in Fort Mill, which will be the credit union’s eighth branch.