Americas

The Federal Reserve Board has ordered Missouri Bank in Warrenton to pay a civil money penalty for violating the National Flood Insurance Act.

S.Y. Bancorp in Louisville, Ky., plans to redeem $30 million of trust-preferred securities.

Umpqua Holdings in Portland, Ore., and Sterling Financial in Spokane, Wash., have set a $75 million penalty for terminating their planned merger.

Emclaire Financial in Emlenton, Pa., has partly redeemed preferred stock it issued through the Small Business Lending Fund.

Lawmakers are scheduled to examine concerns on Wednesday that a hike in flood insurance premiums set to go into effect this fall could topple the still weakened real estate market.

Simplicity Bancorp's experience with mortgage servicing could give banks a reason to reconsider plans to ditch the business despite concerns about new regulations.

The American Bankers Association has formed a group to lobby on behalf of rural lenders.

Southwest Bancorp in Stillwater, Okla., has redeemed a series of trust-preferred securities.

Community Valley Bank in El Centro, Calif., has hired a new chief executive.

NCAL Bancorp in Los Angeles has agreed to a recapitalization that would give it new ownership.