DULUTH, Minn. – Duluth Teacher’s CU is planning to sell a vacant lot it owns to help it finance a new scholarship program.

Park Avenue Bank in New York said Tuesday that its board members and other investors recently gave it a $25 million cash infusion.

Manhattan Bancorp in El Segundo, Calif., is trying to revive the mortgage conduit business model practiced several years ago by Wall Street firms.

Camco Financial Corp. in Cambridge, Ohio, has revised its fourth-quarter results, saying it lost $2.3 million more than it previously reported.

The Office of Thrift Supervision has ordered Home Federal Savings Bank in Detroit to sell itself.

With the banking industry wounded from the financial crisis, credit unions are hoping lawmakers will finally pass a bill allowing them to expand their business lending.

CommerceWest Bank in Irvine, Calif., announced Friday that it has agreed to acquire Discovery Bancorp in San Marcos, Calif., in an all-stock transaction.

A North Carolina banking deal is in danger of being undone, quite unusually, from the inside out.

ST. FRANCISVILLE, La. – Feliciana FCU, which has served the employees of the shuttered Tembec paper mill for four decades, announced last week it has shut down its branch here and put the building up for sale, the latest of a slew of credit union responses to the declining national economy.

Amcore Financial Inc. in Rockford, Ill., has bought itself some time to raise capital by deferring the interest payments on its trust-preferred securities.

Recent conversations with bankers about budgetary "belt tightening" have given me flashbacks to my first job in banking.

Paul A. Perrault is set to become the chief executive officer of Brookline Bancorp Inc. in Massachusetts this spring.

NEW ENGLAND

A few years ago, Rainier Pacific Financial Group Inc. had money it needed to put to work, so, like many of its peers, the Tacoma company turned to pools of other banks' trust-preferred securities.

Mercantile Bancorp Inc. of Quincy, Ill., said Wednesday that it swung to a fourth-quarter loss of $6.7 million, or 77 cents a share, on loan problems in once-hot real estate markets in the Southeast.

TERRE HAUTE, Ind. – Vigo County FCU, the state’s oldest federally chartered credit union, broke ground yesterday on its first outside branch.

SAN FRANCISCO --Patelco CU said it is closing four branches, the latest credit union to contract in the midst of the troubled economy.

Beverly Hills Bancorp Inc. in Calabasas, Calif., said Tuesday that it has a deal to replenish its capital.