Pacific Mercantile Bancorp (PMBC) in Costa Mesa, Calif., has named a credit-risk consultant and former Comerica (CMA) executive to its board.

The Federal Reserve Board has terminated an enforcement action against East Dubuque Bancshares in Illinois and its bank.

Bankers these days face the prospect of getting penalized for everything from "disparate impact" to the actions of auto dealers and other third-party partners. That raises the question of whether such regulation is effective, enforceable or fair.

Almost three quarters of America's 50 largest credit unions offer free checking accounts with no strings, Bankrate.com found in a recent survey.

A recent wave of high-profile executive departures highlights the need for boards to regularly review succession plans and develop future leaders in an environment where top-level talent is limited.

The difference between board members with hands-on banking, compliance and technology knowledge and board members without can mean the difference between a bank's success and failure.

Chief executive jobs become available all the time at banks of various sizes. Here is a pool of hot candidates, based on discussions with executive recruiters.

Yadkin Valley Financial (YAVY) in Elkin, N.C., is seeking shareholder approval for a three-to-one reverse stock split.

Sen. Tim Johnson, chairman of the Senate Banking Committee, is expected to announce at a press conference tomorrow that he will retire when his term ends next year.

Most of the $45 million value of 1st United Bancorp's deal for Enterprise Bancorp is a gamble by Enterprise shareholders that they can keep and collect on Enterprise's problem assets. It's a clever way to avoid a common dealbreaker.

Community Bank of Tri-County in Waldorf, Md., has named senior lending officer Todd Capitani its chief financial officer.

First BanCorp (FBP) in San Juan, Puerto Rico, is delaying its annual filing because of issues with disclosure requirements.

The Federal Reserve Board has approved FirstMerit's pending acquisition of Citizens Republic Bancorp (CRBC) in Flint, Mich.

The Securities and Exchange Commission will not punish United Community Banks after an accounting investigation, the Blairsville, Ga., company said Monday.

The Office of the Comptroller of the Currency has terminated a written agreement with Intervest National Bank in New York.

Puget Sound Bank in Bellevue, Wash., is buying Core Business Bank for roughly $8.4 million in cash and stock.

As evidenced by their own home purchases, executives who handled mortgage securitizations showed little awareness of anticipating the subprime crisis and subsequent crash in the housing market, according to a new report.

Patrick Fahey's last act as a turnaround specialist ended with the 2010 failure of Frontier Bank. First Sound Bank in Seattle is poised for a much different outcome.

United Community Financial (UCFC) in Youngstown, Ohio, has raised $39.9 million in a private offering.

Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.