Americas

A pair of community banks have reduced the Treasury Department's ownership stake in their companies.

Unitus Community Credit Union in Portland, Ore., pledged Tuesday to keep offering free checking and free online services such as bill pay even as many banking companies are starting to charge fees for the services.

Integra Bank Corp. in Evansville, Ind., on Tuesday reported a fourth-quarter loss of $42.8 million, half its loss in the year-earlier period.

S&T Bancorp Inc. in Indiana, Pa., said Wednesday that it was revising its fourth-quarter and full-year 2010 results to reflect a higher loan-loss provision.

TIB Financial Corp. in Naples, Fla., said late Tuesday that it returned to profitability after its new owner, North American Financial Holdings, restructured its balance sheet.

The Federal Reserve granted bank holding company status Tuesday to a Japanese company that has agreed to acquire a Japanese-owned bank in New Jersey.

Baird expanded its wealth management business Tuesday by recruiting new advisers overseeing a total of $450 million in client assets to two of its new offices.

Tri-Valley Bank in San Ramon, Calif., said late Monday that it had terminated a planned $10 million private placement and had named a new chairman.

The Federal Reserve Board on Tuesday announced written agreements with two banks.

FNB United Corp. in Asheboro, N.C., was out of equity at the end of 2010, prompting it to warn about its future. The $1.9 billion-asset company said Monday in its annual report filed with the Securities and Exchange Commission that there is substantial doubt about its ability to continue as a going concern.