Eastern Virginia Bankshares (EVBS) in Tappahannock has extended the deadline for a pending rights offering.

Hanmi announced late Tuesday that Chong Guk Kum would replace Jay S. Yoo as president of the holding company and its $2.8 billion-asset bank.

Many of bankers' concerns and fears about the FFIEC's proposed social media rules are unfounded, says Elizabeth Khalil, senior policy analyst at the FDIC.

Banks that still hold Tarp funds face the prospect of dividend rates rising to 9% from 5% at a time when many of those institutions are still struggling.

Urban Partnership Bank in Chicago has been designated a minority depositary institution by the Federal Deposit Insurance Corp.

M&A consolidation, improved portfolio performance and legislation leveling the playing field provide incentive for midsize banks to relaunch card programs.

The proposed sale of Atlantic Coast Financial in Jacksonville, Fla., did not sail with investors. Shareholders rejected Bond Street Holdings' $13.1 million, or $5-per-share, offer on Tuesday.

C&F Financial (CFFI) has agreed to acquire Central Virginia Bankshares. Both are in the Richmond, Va., area.

The Treasury Department has begun auctioning more than $51 million of stock that it acquired through the Troubled Asset Relief Program.

The Federal Housing Finance Agency is considering reforms to force-placed insurance aimed at giving the public a better deal. So why isn't it letting the public in on its planning?

Bank investors may be softening their antipathy for long earn-back periods. When Union First Market Bankshares promised five years of dilution – but a big boost to earnings – from its deal for StellarOne, its stock declined only a little.

Community banks can't cost cut their way to prosperity, though it certainly is a step in the right direction, a recent Fiserv study found.

A top executive at Heartland Financial in Dubuque, Iowa, is leaving for a job in the manufacturing sector.

Pennsylvania Dutch country could get the first de novo bank to open in the U.S. in more than two years.

The $168 million-asset asset lender is offering as many as 500,000 shares at $10 per share, it announced Monday. The stock closed Friday at $9.85 a share; it had risen 1.5%, to $10, at midday Monday.

West Bancorp. (WTBA) in Des Moines, Iowa, is taking advantage of low interest rates to buy back a chunk of its stock.

The banking unit of FNB United in Asheboro, N.C., has been freed from a regulatory order and has completed its integration of the Bank of Granite.

Meta Financial Group (CASH) in Sioux Falls, S.D., plans to raise up to $20 million by selling common stock.

Deloitte Corporate Finance has acquired McColl Partners, a middle-market investment bank founded by retired Bank of America Chief Executive Hugh McColl.