KNOXVILLE, Tenn. – -UT FCU is planning to open a new branch in the Carolyn P. Brown Memorial University Center on the Knoxville campus.

UCBH Holdings Inc. has entered into deals with state and federal regulators to "strengthen and stabilize" the California-based bank as its top two executives resigned.

WASHINGTON — Federal and state regulators shut five banks in Iowa, Missouri, Arizona and Illinois late Friday, raising the number of failures this year to 89.

PENSACOLA, Fla. – Officials with Escambia County have approved a $1 million grant for Navy FCU to help the credit union giant expand its call center here.

NEWARK, Ohio – Fiberglass FCU has donated its former office on John Street to the IBEW, a labor union of Owens Corning.

For the first time in the nearly 20 years that enforcement actions have been made public, the FDIC released a notice of charges against the banks that refused to consent to the proposed orders.

TierOne Corp. in Lincoln, Neb., announced Friday that it plans to shrink its assets by a quarter through a branch sale to Great Western Bank, the Sioux Falls, S.D., unit of National Australia Bank.

More credit unions are trying to court younger members by offering innovative products, such as contactless debit cards and mobile banking services, according to industry insiders.

IMGCAP(1)]

Jay Kislak, chairman of the real estate investment company J.I. Kislak Inc., has applied to receive a shelf charter from the Office of the Comptroller of the Currency.

Take a minute this week to make sure your branch managers remember that, in our increasingly demanding branch environments, coaching shouldn't be a spectator sport.

Regulators closed the $452 million-asset Bradford Bank in Baltimore on Friday. It was a mutual bank owned by the holding companies Bradford Bank MHC and Bradford Mid-Tier Co.

YORK, Penn. – First Capital FCU celebrated the grand opening of its new ‘green’ branch on Saturday.

JANESVILLE, Wis. – Students at Craig and Parker high schools started the school year Monday with a new amenity, each had their own credit union, courtesy of Blackhawk Community CU.

SOUTHEAST

Cascade Bancorp in Bend, Ore., needs to raise about $100 million by one estimate, and the task just took on more urgency.

The NCUA took over the failed Kaiser Lakeside Federal Credit Union in Oakland late Monday and assigned its remnants to the $315 million-asset SafeAmerica Credit Union in nearby Pleasanton.

Federal regulators have given the struggling First Federal Bankshares Inc. in Sioux City, Iowa, until the end of September to raise the capital levels at its Vantus Bank unit.

Town Center Bank is practically giving itself away. In a deal with more than one unusual twist, it plans to sell itself for no more than the bad loans on its books.

RALEIGH, N.C. – The Raleigh City Council voted approval yesterday of a preliminary site plan for a 12-story, mixed-use building that State Employees CU plans to construct downtown.