Americas

Republic Bancorp Inc. has accused the Federal Deposit Insurance Corp. of multiple abuses of its authority, escalating an ongoing battle over refund-anticipation loans.

International Bancshares Corp. in Laredo, Texas, said Monday that its net income fell 10% in 2010, to $116.9 million.

The Bancorp Inc. in Wilmington, Del., said Monday that it is trying to increase its equity by $50 million.

Regulators have ordered Sunwest Bank in Tustin, Calif., to improve its compliance with the Bank Secrecy Act.

Carver Bancorp Inc. in New York said Monday that one of its units has received $25 million in tax credits to spur investments in low-income communities.

Flagstar Bancorp Inc. in Troy, Mich., on Monday announced several additions to its executive team.

WASHINGTON — Regulators seized the $124 million-asset Valley Community Bank in St. Charles, Ill., late Friday in the 23rd bank failure of the year.

Michigan First Credit Union, the latest credit union to launch a Young & Free marketing campaign, is searching for a "spokester." The Young & Free campaign was designed by Currency Marketing of Chilliwack, British Columbia.

BankAtlantic Bancorp must raise more capital, limit the growth of its brokered deposits and make other improvements under an agreement with the Office of Thrift Supervision.

Heritage Financial Group Inc. of Albany, Ga., said Friday that it has shuffled its management and brought on a new executive to further its expansion strategy.