Regulators on Friday seized two banks owned by the $1.6 billion-asset company. The failures could tangle the Lansing, Mich., company in what the Federal Deposit Insurance Corp. calls the cross-guarantee liability, meaning that the agency has the ability to charge Capitol's nine surviving banks with the cost of the failures.

BankUnited handed out free ice cream and metro cards at its new Manhattan branches to build branch recognition.

A North Carolina bank that had belonged to the long-troubled Capitol Bancorp was closed by state regulators on Friday.

First NBC Bank Holdings in New Orleans is looking to sell $100 million worth of shares in its initial public offering.

Customers Bancorp in Wyomissing, Pa., is looking to raise $75 million in a stock sale and intends to use the proceeds to fund organic growth and acquisitions.

Shares of TriState Capital (TSC) in Pittsburgh rose slightly during their first day of trading.

The National Community Reinvestment Coalition and other consumer groups say the bank regulators did not go far enough in proposing changes to Community Reinvestment Act examinations.

The Consumer Financial Protection Bureau and Congress are pushing for fixes to the student loan market, but some of their proposals are focused on the relatively small portion of loans made by banks and other private lenders.

After a relatively busy April, the number of critically undercapitalized banks is down to just a handful. The pool of failure candidates could increase, but buyers should start looking elsewhere, industry observers say.

Two shareholders of MainStreet Bank (MNSB), in Herndon, Va., have reportedly asked investors to push for a sale of the $271 million-asset company.

Though large banks have mostly been the targets of criminals so far, smaller banks are not immune to online threats.

David Marshall is executive vice president and CFO of Docking and Union State Bank, its $241 million-asset subsidiary, the company announced Friday.

Home Federal Bank of Hollywood has hired a new chief executive with experience guiding troubled Florida lenders. The $59.4 million-asset bank named Robert Brookes CEO last month, according to an online report in the South Florida Business Journal.

Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other People’s Money.

Unity Bancorp in Clifton, N.J., is set to redeem half of the preferred shares it issued through the Troubled Asset Relief Program.

After 18 months, One PacificCoast pulled the plug on a money-losing lending program it hoped would compete with payday lenders.

The ideal of responsive design, in which one set of web pages displays perfectly on any device, has yet to be realized, some observers feel.

First Citizens Bancshares (FCNCA) in Raleigh, N.C., reported a large increase in its quarterly earnings after the sale of a large portion of its processing-servicing business.

The $11.5 billion asset company in Laredo, Texas, earned $28.1 million or 42 cents per share, compared with $28.3 million in the first quarter of 2012.

Wallis State Bank has expanded beyond the Houston area to open its first full-service branch in Dallas.