Retail & Commercial

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

The FHA is expected to announce at the end of this month that it will need a bailout for the first time in its 79-year history.

First Security Group (FSGI) in Chattanooga, Tenn., has completed a $5 million rights offering. The offering followed the company's April recapitalization, in which it raised $91.1 million from institutional and other accredited investors.

The Justice Department is pressuring banks under investigation for their ties to online lenders to reach a settlement soon, according to four industry sources familiar with the matter.

A fair-housing group is trying to crank up the pressure on Bank of America to settle claims that the bank discriminated against minorities by failing to maintain foreclosed properties.

Community banks in the South have gotten healthier this year as a whole, but many of them have seen a slowdown in lending, according to a quarterly analysis by the Office of the Comptroller of the Currency.

A Glendale, Calif.-based owner of two collection agencies will pay $1 million to settle Federal Trade Commission charges that his employees used text messages to try collecting debts - without disclosing they were debt collectors.

Pacific Continentalin Eugene, Ore., has named a new head for its operations around Seattle.

Customer complaints, compliance and risk management all continue to make it difficult for community banks to embrace sites such as Facebook and Twitter.