The capital pressure at Nexity Financial Corp. is mounting, but its top executive says the Birmingham, Ala., company is close to raising what it needs.

RALEIGH, N.C. – In one of the biggest credit union projects ever, State Employees' Credit Union is planning a 12-story office building, expanding its presence near the State House, where many of its 1.5 million members work.

In another sign of life for the bank mergers-and-acquisitions market, OceanFirst Financial Corp. has agreed to buy another New Jersey company, Central Jersey Bancorp, for $68.4 million of stock.

Community Bank of Nevada in Las Vegas has agreed to take steps to improve its condition.

If at first you don't succeed … offer more money.

HARKER HEIGHTS, Texas – Navy FCU continues to set a new footprint with plans to open a new branch here Monday, the eighth in Texas and 177th overall for the $40 billion credit union.

Can saving face help save a struggling bank?

SPRINGHILL, La. – Carter FCU will celebrate the opening of its newest branch today in Haughton with the launch of a rewards checking account.

The sale of the failed BankUnited to an investor group may be a turning point for private equity's involvement in the banking sector.

And the winner is … the lower bidder?

Though BankUnited has failed, its name lives on.

It was good to hear Treasury Secretary Timothy Geithner state that "community banks play a vital role in our financial system and a central role in our economy."

Western Alliance Bancorp. in Las Vegas has a lot of plans for the $200 million of capital it just raised.

UCBH Holdings Inc. has postponed its annual meeting because it needs to recalculate its first-quarter and 2008 results.

Regulators have given Community Bank of West Georgia in Villa Rica until early June to get adequately capitalized.

SAN ANTONIO – United SA FCU has opened the company’s sixth office in the San Antonio area.

TALLAHASSEE, Fla. – Envision CU has purchased a Kentucky Fried Chicken restaurant and plans to renovate it into a branch.

CHAMBERSBURG, Penn. – Fast-growing Members 1st FCU is planning on building another new branch, this one at the former Valero gas station in Hummlestown.

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