Retail & Commercial

Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.

Kentucky First Federal Bancorp (KFFB) has received approval from Federal Reserve Board to waive its right to receive a dividend.

The inspector general for the FHFA found no evidence that Freddie Mac discouraged homeowners from refinancing their mortgages to profit from an exotic form of interest rate hedging.

Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.

Servicers reported a significant increase in the number of new loan modification trial plans in the second quarter, due mostly to the $25 billion mortgage settlement, OCC officials say.

By proposing to design regulations intended to shape state laws and practices, the FHFA is picking a fight with the states that will overshadow any economic benefit from risk-based pricing.

Flagstar, the $14.3 billion-asset company's board Tuesday approved a reverse split of outstanding shares that will give holders of Flagstar common stock prior to Oct. 24 one share for every 10 they own.

Umpqua Bank will open its first retail branch in San Jose early next year as part of its continued expansion in the Bay Area.

Spire Payments will partner with technology investor Newland Computers in developing future products and rolling out a new line of point-of-sale terminals.

Naugatuck Valley Financial in Connecticut has named William C. Calderara its president and chief executive.