With nearly a third of bank tellers on public assistance nationwide, labor advocates are pushing banks to increase pay for workers at the low end of the spectrum.

The company, which agreed to buy Continental Bank in Pennsylvania, has the "firepower" for more deals as it looks to build the size to match its existing cost structure, CEO Ted Peters says.

Banking is dominated by leaders who are straight, white and male, despite copious evidence that greater diversity at senior management levels improves companies' performance. American Banker editors discuss why diversity efforts are falling short at banks and regulatory agencies, and what executives can do to fix these problems.

Doral Financial (DRL) in San Juan, Puerto Rico, is developing a revised capital plan to address concerns from the Federal Deposit Insurance Corp.

Bankers provide customers with a huge range of services free of charge. If banks want to compensate for the rising cost of those services, that's got to change.

Bryn Mawr Bank (BMTC) in Pennsylvania has agreed to buy Continental Bank Holdings in Plymouth Meeting, Pa.

Banc of California (BANC) in Irvine has acquired an 8% stake in Clearinghouse CDFI, an institution that serves low- to moderate-income communities in California and Nevada.

Lawrence Seidman helped arrange a face-to-face meeting of the companies' leaders, according to a regulatory filing. He also agreed to sell more than 2.3 million shares of Center stock to move the deal along.

A number of community banks took sizeable hits during the financial crisis due to dealings in participation loans. As more banks to reconsider these loans, some industry observers wonder if banks will stay disciplined.

First Bancorp (FBNC) in Southern Pines, N.C., saw its earnings nearly double in the first quarter from a year earlier behind higher net interest margin, lower provision for loan losses and higher fee income.

Ocean Bank in Miami has been freed from an enforcement action by state and federal regulators.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

South Carolina-based CertusBank attracted a half billions dollars in commitments to buy failed banks in the wake of the financial crisis. How the early high hopes have been dashed offers important lessons to the industry, regulators and outside investors.

The Colorado state legislature could decide soon if a new type of financial services co-operative — though not a credit union — will be created to serve the marijuana industry in the state.

Floridian Financial Group in Lake Mary, Fla., is merging its subsidiaries, Orange Bank of Florida in Orlando and Floridian Bank in Daytona Beach, under the Floridian Bank name.

S&T Bancorp (STBA) in Indiana, Pa., saw its first-quarter profits rise 14% from the same period last year, to $14 million, due to organic loan growth, and improved expense control and asset quality.

CertusBank in Greenville, S.C., continues to lose money, largely because of high expenses. The $1.6 billion-asset company lost $9 million in the first quarter, according to a call report filed with the Federal Deposit Insurance Corp.

Confusion over regulatory jurisdiction and burdensome compliance costs are cutting into community banks' profits and forcing them to consolidate. But it doesn't have to be this way.

Sterling Bancorp (STL) in Montebello, N.Y., said that its fiscal second-quarter profit rose 58% after it expanded through its merger with Provident New York Bancorp.

M&T Bank (MTB) and federal law enforcement officials have begun a fraud investigation into a former loan officer at the Buffalo, N.Y., bank.