Regulators have dealt another setback to TierOne Corp. in Lincoln, Neb., by rejecting the company's proposal to sell half its branches to Great Western Bank.

The $2.5 billion-asset company capped the week by announcing the immediate departure of Scot T. Wetzel, the chief executive and president of the company and of its thrift unit.

Madison Dearborn Partners LLC, a Chicago-based private equity firm, is acquiring a majority 51% interest in credit reporting company, TransUnion LLC.

CHAMBERSBURG, Penn. – Patriot FCU has been chosen to open a student branch inside the Chambersburg Area Senior High School building.

COLLINSVILLE, Ill. – Fast-growing Scott CU is planning to move its corporate headquarters to the Edwardsville Corporate Centre, just east of the Interstate 55-Illinois Route 143 interchange, in nearby Edwardsville.

Regulators closed $3.5 billion-asset Frontier Bank in Everett, Wash., and three other smaller banks in the Midwest to bring the year’s failure total to 64.

WASHINGTON — Regulators closed $3.5 billion-asset Frontier Bank in Everett, Wash., and three other smaller banks in the Midwest to bring the year’s failure total to 64.

The collapse last week of three of Puerto Rico's 10 banks significantly consolidated the commonwealth's banking system and marked one of the most complicated days in the history of the Federal Deposit Insurance Corp.

The collapse on Friday of three of Puerto Rico's 10 banks significantly consolidated the commonwealth's banking system and marked one of the most complicated days in the history of the Federal Deposit Insurance Corp.

Total System Services Inc. is working with a London card producer to offer a fulfillment program for issuers that order small quantities of customized payment cards.

Regulators in Puerto Rico closed three banks Friday — representing a third of the island's institutions and a quarter of its assets — in a move sure to change the face of banking in the commonwealth.

Columbia Banking System Inc. of Tacoma said it plans to sell $208.8 million of common shares to bolster its already-fat capital ratios.

After a year of growth through failed-bank acquisitions, First Financial Bancorp in Cincinnati posted first-quarter earnings of $11.6 million, more than double what it earned a year earlier.

First Community Bancshares Inc. in Bluefield, Va., has turned the corner in dealing with its securities portfolio and is now setting its sights on acquisitions in the Southeast.

The Federal Reserve announced enforcement actions Thursday against Coast Bancorp of San Luis Obispo, Calif., that the Fed said are intended to help maintain financial soundness at the company.

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.