Americas

First United in Oakland, Md., is looking to raise up to $9.3 million through a rights offering.

The $408 million-asset company said in a press release that it completed a private placement of subordinated debt to accredited institutional investors.

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws that have paralyzed much of the banking industry.

Prosperity Bancshares is hopeful it will be able to announce its next bank deal in the near future. Such chatter provides hope that Texas banks are moving past oil concerns and renewing merger talks.

The Justice Department has widened its investigation of Fulton Financial’s mortgage lending practices to include four new units.

Gulf Coast Community Bank in Florida agreed to sell itself last month after spending six frustrating years trying to tackle credit issues and angling for a settlement tied to the Deepwater Horizon oil spill.

Customers Bancorp in Wyomissing, Pa., is raising another $52.5 million from the latest in a series of public offerings this year.

Nicolet Bankshares in Green Bay, Wis., has agreed to buy First Menasha Bancshares in Neenah, Wis.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy GulfShore Bancshares in Tampa, Fla.

MB Financial in Chicago has appointed an executive from an advanced analytics company to its board. The $19 billion-asset company said in a press release Thursday that Sunil "Sonny" Garg is the energy solutions leader at Uptake.