Capital

VisionBank is the second de novo effort that would focus on the nation's capital.

Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.

Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

The company agreed to aquire United Bancorp. for $51 million.

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.

The company will pay $48 million for four branches and $230 million in loans.

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.

The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.