Retail & Commercial

The Office of the Comptroller of the Currency has terminated a written agreement with Intervest National Bank in New York.

Puget Sound Bank in Bellevue, Wash., is buying Core Business Bank for roughly $8.4 million in cash and stock.

As evidenced by their own home purchases, executives who handled mortgage securitizations showed little awareness of anticipating the subprime crisis and subsequent crash in the housing market, according to a new report.

Patrick Fahey's last act as a turnaround specialist ended with the 2010 failure of Frontier Bank. First Sound Bank in Seattle is poised for a much different outcome.

United Community Financial (UCFC) in Youngstown, Ohio, has raised $39.9 million in a private offering.

Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.

The Senate is expected to pass two budget amendments Friday designed to break up the big banks and prohibit the use of certain fee hikes at Fannie Mae and Freddie Mac to reduce government spending.

The Boca Raton, Fla. company announced Friday it has agreed to by Enterprise Bancorp in North Palm Beach, Fla.

The Federal Deposit Insurance Corp. has terminated enforcement actions against two banks: First Bancshares of Mountain Grove, Mo., and CIB Marine Bancshares of Waukesha, Wis.

First Bancshares (FBMS) in Hattiesburg, Miss., has raised $20 million to finance its purchase of a bankrupt Gulf Coast lender.