Nara Bancorp Inc. said Tuesday that it swung to a first-quarter loss of $3.2 million, or 16 cents a share, because of a higher loan-loss provision.

More community banking companies are abandoning student lending.

Southern Missouri Bancorp Inc. in Poplar Bluff, Mo., is entering northeast Arkansas by buying a $30.5 million-asset bank that has been under a regulatory order for more than a year.

Talk about going from bad to worse.

Ohio Legacy Corp., which is scrambling to raise capital or find a buyer, has joined the list of companies warning of possible failure.

Shareholders of both companies like the idea of Yadkin Valley Financial Corp. in Elkin, N.C., buying the $532 million-asset American Community Bancshares Inc. in Charlotte.

HARRISBURG, Penn. – The local board of commissioners voted last week to rezone 47 acres of conservation land here to allow Pennsylvania State Employees CU to build a new headquarters.

CAMP PENDLETON, Calif. – Pacific Marine CU is opening a full-service, mobile banking branch to support service personnel and families throughout Marine Corps Base Camp Pendleton.

SAN DIEGO – North Island CU, which reported a $50.2 million loss for 2008, announced plans last week to close three branches and lay-off the employees at those facilities.

RACINE, Wis. — If the credit union is going green, how quickly will it see payback on its energy-efficient investments? Industry experts provide their advice.

SANTA ROSA, Calif. — For one hour, things looked a little dark for Redwood Credit Union.

VANCOUVER, Wash. — Earth-loving credit unions, those that invest in environmentally friendly branch design, are much more likely today to have the Earth love them back.

JACKSONVILLE, Fla. — Community First CU of Florida received the 2008 Environmental Protection Board Award from the city of Jacksonville for having the first CU location in northeast Florida to be LEED certified.

Shore Bancshares Inc. of Easton, Md., returned its government capital this week.

Umpqua Holdings Corp. of Portland, Ore., announced Thursday that it lost $13.8 million, or 23 cents a share, in the first quarter, as chargeoffs spiked.

Citing elevated credit costs, Washington Federal Inc. in Seattle said late Friday that profits fell 76% from a year earlier, to $8.4 million, in its fiscal second quarter, which ended March 31.

Midwest Banc Holdings Inc. of Melrose Park, Ill., is looking for a buyer and a new chief executive officer.

In today's market, more banking companies may bite the bullet and sell favored, profitable side businesses to raise cash quickly.

Beverly Hills Bancorp Inc. of Calabasas, Calif., is back to looking for a buyer, with no prospects in sight.

FORT WAYNE, Ind. – Pinnacle CU, the oldest credit union in the city, is holding a ribbon cutting April 23 to celebrate the grand re-opening of its West Jefferson branch lobby, which has been recently renovated.