PALM DESERT, Calif. — Community bankers are adopting remote deposit technology much faster than they ever took to the Internet.

GB&T Bancshares Inc. said that the fourth-quarter profit it reported last month has been wiped out by the subsequent writedown of several loans made by the president of a subsidiary bank.

The National Credit Union Administration placed the $348 million-asset Huron River Area Credit Union in Ann Arbor, Mich., into conservatorship Friday, the agency said in a press release.

Globe Bancorp in Metairie, La., said it has a preliminary agreement to sell itself to a New Orleans investment group.

Credit unions and banks have been at odds for years, but Town North Bank in Dallas refuses to get pulled into the fray — for good reason.

The Federal Reserve on Thursday approved PNC Financial Services Group Inc.'s $6 billion deal to buy Mercantile Bankshares Corp. of Baltimore.

Michigan banking companies are not so bullish on their home state these days.

Peoples Community Bancorp Inc. of West Chester, Ohio, reported a net loss of $2.3 million for the fourth quarter, compared with net earnings of $87,000 in the fourth quarter of 2005.

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The $768 million-asset Baltimore County Savings Bank in Baltimore announced plans Wednesday to convert from a mutual holding company to a fully stock-owned institution.

NEW ENGLAND

The U.S. Mint's redesigned $1 coin goes into circulation today, seven years after the largely disappointing introduction of the Sacagawea dollar.

Eager to boost its retail presence in the Middle Atlantic region, M&T Bank Corp. of Buffalo is planning to open a branch this June in one of Maryland’s most frequented locations: the Southwest Airlines terminal at Baltimore/Washington International Airport.

Eager to boost its retail presence in the Middle Atlantic region, M&T Bank Corp. of Buffalo is planning to open a branch this June in one of Maryland's most frequented locations: the Southwest Airlines terminal at Baltimore/Washington International Airport.

Two small mutual thrifts in Massachusetts said last week that they plan to merge — the sixth such deal to be announced in four months.

A year after it won its hard-fought campaign to convert from a credit union, ViewPoint Bank in Plano, Tex., has found the transition to a mutual savings bank, and then to a public thrift, anything but easy.

Greater Atlantic Financial Corp. in Reston, Va., said Monday that it had received a letter indicating that its shareholder equity has fallen below Nasdaq's minimum requirement for listing.

Lafayette Federal Credit Union in Kensington, Md., has filed a multimillion-dollar lawsuit alleging that its former chief executive and his son tried to sabotage the credit union's bid to convert to a mutual savings bank.

Bankers and the Farm Credit System are back at it, lobbying Congress to gain a competitive edge.

Doing five deals in eight months is a lot for any bank to handle, so the $520 million-asset Bradford Bank in Baltimore borrowed a page from much larger rivals and created an in-house conversion team.