For the second year in a row, Harvard Illinois Bancorp and its management have prevailed in a proxy battle with activist investor Joseph Stilwell.

The Treasury Department plans to auction its remaining stakes in 16 banks as it continues to unwind its holdings from the Troubled Asset Relief Program.

Credit unions added 800,000 new members in the first quarter of the year, the best quarter ever for membership growth, the National Credit Union Administration said on Thursday.

Nancy Graves, who until last week served as assistant director of New Jersey's Department of Banking and Insurance, has joined Pascack Bancorp (PSBR) in Waldwick as president and chief executive.

The bank wants to double in size by pursuing acquisitions and hiring bankers away from competitors.

The T. Rowe Price Group has agreed to sell its banking unit to the investor Jacob Safra.

The Federal Reserve Board has taken action against two banks and terminated orders with four others, and the Federal Deposit Insurance Corp has freed Synovus Financial from an order.

Hugh McColl, who made his name in banking by building one of the nation's largest financial institutions in Bank of America, is lending his heft to an academic program that should benefit community bank.

Banks that develop strong, personalized relationships with small business owners will generate mutual sustained value.

ViewPoint Bank in Plano, Texas, has hired Chris Parada to lead its newly formed energy-finance division, which will provide senior debt financing to oil and gas companies throughout the country

The Treasury Department and U.S. Department of Housing and Urban Development jointly agreed to allow the Making Home Affordable Program to continue to be available to American families for an additional two years through Dec. 31, 2015.

Carlyle Group plans to sell roughly $40 million of common stock in Boston Private Financial Holdings.

Southwest Bancorp in Stillwater, Okla., and Bank of Kentucky in Crestview Hills have completed exits from the Troubled Asset Relief Program.

Community banks and credit unions now have two years to continue originating balloon loans to all customers, a major change from a prior proposal that would have banned such loans except in rural or underserved markets.

Banco Sabadell in Spain has agreed to buy Lloyds Banking Group’s international private banking business in Miami.

While banks hit a landmark with their $40.3 billion in earnings, it appeared partly due to idiosyncratic transactions at big banks and was not a sign of a resurgent industry.

Small-business owners are generally satisfied with their access to funding and about one in five plans to apply for a loan in 2013, according to a new survey from Bank of America (BAC).

Latin American banks are eager to expand in South Florida, but there are few banks in Miami that can provide immediate heft. As a result, even the city's smallest banks could spark bidding wars if they choose to sell.

Congress is pushing ahead with legislation aimed at requiring financial institutions to share information about cyber threats. Banks are pushing back, however, over fears that they'll get caught between new disclosure requirements and demands that they protect customers' privacy.

Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.