Americas

Stonegate Bank in Fort Lauderdale, Fla., has completed its acquisition of Southwest Capital Bank of Fort Myers, Fla.

Old Second Bancorp Inc. in Aurora, Ill., said its bank expects further regulatory scrutiny after it was unable to fully comply with a memorandum of understanding.

Sun Bancorp Inc. in Vineland, N.J., should have an additional $70 million of capital in its coffers this week, although the new money will come at a discount.

NASA Federal Credit Union is making arrangements to offer members skip-a-payment loans and other relief in case the continuing budget impasse in Congress causes a federal government shutdown.

Macatawa Bank Corp. in Holland, Mich., is asking its shareholders to approve a hefty increase in the number of authorized shares of common stock.

Another banking company is moving forward with raising capital: 1st United Bancorp Inc. in Boca Raton, Fla., announced plans to sell $32.5 million of common stock.

Southern Community Financial Corp. said Thursday that it has formed a small-business division. The Winston-Salem, N.C., company will place a small-business banker in all 22 branches.

United Community Banks Inc. in Blairsville, Ga., is emerging from its credit woes with plans announced late Wednesday to raise $380 million.

United Community Banks Inc. said late Wednesday that it is raising $380 million through a private placement with an affiliate of Corsair Capital LLC and a group of institutional investors.

A technology subsidiary of the holding company Rurban Financial Corp. must improve its capital position and strengthen operational oversight under a consent order with the Federal Reserve Board.