Jeanne Delaney Hubbard has resigned as chairwoman, president, and chief executive officer of Abigail Adams National Bancorp Inc. in Washington.

Mercantile Commercial Capital LLC of Florida, which specializes in Small Business Administration 504 loans, often touts the fact that it is not a bank. But eager for cheap deposits to fund its growth, the privately held lender is applying to become one.

MIDWEST

FAIRFAX, Va. – A story in yesterday’s Credit Union Journal Daily Briefing incorrectly stated the date for a grand opening for Apple FCU’s newest branch. It is Saturday, Sept. 6.

YORK, Penn. – First Capital FCU is building a “green” branch here that will include such environmental initiatives as reserved parking for fuel efficient vehicles, a rain water capture toilet system, and LED light fixtures.

Two weeks after being forced to relinquish his chairmanship, Robert J. Weatherbie has resigned as the chief executive officer of Team Financial Inc. in Paola, Kan.

Signature Bank in New York said Tuesday that it intends to sell 3.5 million shares of its common stock to the public that, at its current share price, could raise more than $100 million.

First National Bank of Greencastle in Pennsylvania has agreed to monitor its lending more closely under a memorandum of understanding with the Office of the Comptroller of the Currency.

Many banks targeting African-Americans have struggled with attracting enough deposits within their communities, but a grassroots organization is trying to offset that trend by urging people to deposit funds in such institutions — even if they live thousands of miles away.

FAIRFAX, Va. – Apple FCU, which serves the area’s education community, will open a new branch in nearby Vienna Thursday, the second of four new facilities planned for this year.

ANDERSON, Ind. – Independent FCU yesterday said it has signed with LEVEL5 design and build its new main office and combined retail branch.

United Community Banks Inc. in Blairsville, Ga., said it secured a $30 million loan to boost its capital position.

State and federal regulators ordered Orion Bancorp Inc. of Naples, Fla., to clear troubled loans off its books quickly, improve its workout procedures, and reduce its concentration of loans to real estate developers.

Republic Bancorp Inc. has never been much of a dealmaker, but with its stock price surging and its coffers full from record profits, the Louisville company is spreading the word that it is interested in buying banks.

Franklin Bank Corp. in Houston has named Alan E. Master, its president since May, as chief executive officer.

IOWA CITY – University of Iowa Community CU is planning to build a 30,000 square-foot headquarters and branch in the northeast corner of the city.

BRIDGEWATER, N.J. – Resources FCU said last week it has acquired 27 Opteva advanced functionality ATMs from Diebold.

Rockland Trust Co. in Massachusetts has raised $30 million in a private placement and said it would use the proceeds to support growth and for general corporate purposes.

Now that Tightwad Bank in Missouri has piqued the interest of tightwads nationwide, it aims to turn more of them into customers.

A group that wants to open a thrift in Miami-Dade County is seeking to raise $11.5 million to $20 million in an initial public offering.