Retail & Commercial

Sunrise Community Banks in St. Paul, Minn., plans to combine three bank charters.

First BanCorp in San Juan, Puerto Rico, said that one of its directors resigned over a personal issue with another member of the board.

Gulfstream Bancshares, a closely held Florida business lender with four branches and equity of about $66 million, has put itself up for sale, said two people with knowledge of the matter.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

PayPal's recent updates to its software tools for developers provide a clue to its long-term plans for the Card.io, the mobile payments tech provider PayPal bought last year.

FirstMerit (FMER) has hired a veteran banker to lead its operations in Wisconsin.

The $143.8 million-asset company said Monday it had named Jeffry Wagner to the post. Wagner, who had been CFO at Florida Business Bank in Melbourne, succeeded Richard Browdy, who resigned in February to pursue other career opportunities.

United Community Financial (UCFC) in Youngstown, Ohio, is looking to raise $5 million through a rights offering.

Michael Carrazza, a private equity investor who bailed out Patriot National Bancorp, is eager to make loans while searching for the optimal exit strategy.

The Comptroller of the Currency wants banks to hold more capital against mortgages in warehouse lending facilities, but small banks complain it could cripple a vital business.