Retail & Commercial

COLONIE, N.Y. – CapCom FCU began construction on a new three-story, 118,400-square-foot home in this Albany suburb yesterday.

As a good bank in a hard-hit state, Gulfstream Bancshares in Stuart, Fla., focused on getting in the best shape to be above reproach to potential buyers. The strategy worked, and its agreement to sell itself to CenterState could embolden others.

The $1.8 billion-asset company said late Thursday that Patrick Bevack, who is 67, will retire as president and CEO next year.

Regulators are examining loans originated by National City, which PNC bought in 2008, suggesting they might have been priced to have a "disparate impact" on minority borrowers.

Green Dot is elbowing into a corner of the prepaid card market that rival NetSpend has long dominated.

The Federal Reserve Board has taken action against ABCT Holdings in Waco, Tex. and terminated regulatory orders with two Minnesota lenders.

ATM operators have a lot at stake in the fallout of a federal judge's ruling last week that the Federal Reserve Board needs to review the debit fee caps and network routing mandates set under the Durbin amendment.

Fox Chase Bancorp (FXCB) in Hatboro, Pa., wants to discard its federal thrift charter.

PNC Financial Services got a U.S. subpoena tied to foreclosure expenses on federally backed home loans and said two agencies are investigating whether its mortgages were unfairly priced.

JPMorgan Chase (JPM) is laying off roughly 600 mortgage banking employees in Colorado and South Carolina, according to local news reports.