Retail & Commercial

United Community Bancorp in Lawrenceburg, Ind., is extending its community offering after receiving insufficient orders for stock to complete its second-step conversion.

The Federal Deposit Insurance Corp. has terminated an enforcement action against HomeStreet Bank in Seattle.

The Office of the Comptroller of the Currency has named Gateway Bank CEO Jeffrey Cheung to a minority advisory committee, and he spilled the beans a little early

Successful banks are, among other things, focusing on education and employee training courses, establishing a formal enterprise risk management department and tying compensation to clearly defined best practices.

California, by holding out for a $12 billion side deal with Chase, Wells and B of A, secured a far larger share of the settlement than fairness would seem to dictate.

The FTC released a report that said small banks continue to pull in significant revenue from interchange fees on debit cards despite fears that the Durbin amendment would hurt them as much as larger institutions.

Other banks have let employees make 'Gangnam Style' videos to blow off steam, but SVB Financial staffers went global with their involved production.

These financial services executives won't be sorry to see this year end and are hoping for better results in 2013.

The board of the Federal Home Loan Bank of Cincinnati has reelected Carl F. Wick, a former NCR executive, as its chairman. B. Proctor Caudill Jr. was also reelected as vice chairman, the bank said.