Americas

Community banks in the Old Line State have benefitted from a strong economy, but higher regulatory costs, rate pressure and competition could force many to consider selling in coming months.

Open Bank (OPBK) in Los Angeles has raised $30 million in a private offering of common stock.

U.S. Bancorp (USB) in Minneapolis has completed its purchase of Citizens Financial Group's Charter One franchise in Chicago.

First National Bank of the Gulf Coast in Naples, Fla., will change its name when it becomes a state-chartered bank.

OKLAHOMA CITY — A Tinker FCU member was rescued from kidnappers Saturday by an off-duty police officer who was working security at the credit union.

Regulators seized the two subsidiaries of Iowa-based River Valley Bancorp. on Friday, one in Illinois and the other in Florida.

Highlights from the New York Fed's small-business Credit Innovation forum.

The $5.2 billion-asset company, once known as Bond Street Holdings, filed a registration statement with the Securities and Exchange Commission for an initial public offering.

The Oregon company is hopeful it will enjoy significant stock appreciation once investors realize the value of its acquisition of Home Federal in Idaho. Management hopes other potential sellers agree.

NewDominion Bank in Charlotte, N.C., has opened a mortgage division as part of its comeback effort.