Sun Bancorp in Vineland, N.J., will close three branches near the Philadelphia suburbs as looks to cut costs.

A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.

BancorpSouth in Tupelo, Miss., is offering early retirement to about 10% of its workforce in an attempt to cut costs.

The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.

National Bank Holdings in Greenwood Village, Colo., has created a specialty finance business to focus on middle-market companies.

Community Partners Bancorp in Tinton Falls, N.J. is getting a new name.

The Dodd-Frank Act's ban on pure commercial ownership of industrial loan companies is set to expire in July. American Banker editors discuss the pros and cons of allowing a commercial enterprise like Wal-Mart into the banking business at a time when the previous argument against doing so has been turned on its head.

Executives at Heritage Commerce and Pacific Continental on the West Coast and Texas Capital Bancshares are catering to niche customers and building market share close to home instead of taking grand steps to expand.

Small banks’ perch in small-business lending is being steadily eroded by large, credit-card issuing competitors.

More than 60% of the banks still remaining in the Troubled Asset Relief Program have been labeled "problem" institutions by the Federal Deposit Insurance Corp., casting doubt on their ability to repay the Treasury Department before the program is wound down.

Fiscal third quarter earnings at BofI Holding, the $2.9 billion-asset parent of BofI Federal Bank in San Diego, rose 37% from a year earlier, to $10 million or 74 cents a share.

Monarch Community Bancorp in Coldwater, Mich., plans to raise $16.5 million through a private placement.

Firstbank in Alma, Mich., plans to redeem its remaining Troubled Asset Relief Program shares for $17 million.

Warburg Pincus Private Equity X, which owns just under 10% of Webster Financial, will sell its entire position in a secondary offering.

The board of NBT Bancorp (NBTB) 's board has made sweeping changes to the Norwich, N.Y., company's bylaws.

As bank bosses sent out their annual shareholder letters in recent weeks, two themes dominated: The challenges of operating in an increasingly regulated, low interest rate world; and the desire to assure investors that they're putting safety first. Following are some notable quotes from around the industry.

Shares of Bank of America (BAC) and Wells Fargo (WFC) have been on a roll in recent days and the New York attorney general's pledge Monday to sue the banking giants did nothing to slow their momentum.

A growing number of community banks are working with Farmer Mac to offer loans at lower rates, helping them compete with Farm Credit institutions.

A bank cited by regulators for lending policies allegedly favoring minorities and women over white males is proof for some of just how frustrating it is for institutions to comply with fair lending laws.

A new paper commissioned by the American Enterprise Institute, a conservative think tank, highlights risks community banks face from the Dodd-Frank Act.