First Financial Corp. (THFF) of Terre Haute, Ind., is buying seven branches and two drive-up locations in Illinois from Bank of America (BAC).

A unit of SVB Financial Group (SIVB) in Santa Clara, Calif., plans to raise $300 million for a venture capital fund.

BankUnited, the Florida bank led by John Kanas, has hired two of his former colleagues at Capital One — Joe Roberto and Kelly Sheehan — to run its nascent operation in the Big Apple.

HomeStreet (HMST) in Seattle may be nearing an exit from a cease-and-desist order after paying an important debt.

California Bank of Commerce in Lafayette, Calif., has hired a bank consultant as its president and chief executive.

The California business bank focuses on the technology sector, applying lessons learned from the dot-com bust of the 1990s.

Columbia Banking System (COLB) in Tacoma, Wash., and West Coast Bancorp (WCBO) in Lake Oswego, Ore., announced late Monday that shareholders from both companies approved West Coast's planned sale to Columbia.

Community Financial Shares (CFIS) in Glen Ellyn, Ill., is extending its rights offering to boost shareholder participation.

WASHINGTON — The federal bank regulators on Monday proposed several revisions to their guidance for complying with Community Reinvestment Act regulations.

HarborOne Credit Union in Brockton, Mass., is on its way to becoming a mutual savings bank.

Consumer bankers are reluctant to start charging customers new fees for existing products. But Capital One's Jonathan Witter pointed to the flexibility banks offers in pricing business-banking products as an example of how they could generate more fee revenue on the consumer side.

Heritage Financial is paying 1.5 times tangible book value for Valley Community, but the markets welcomed the deal because Heritage expects to slash the seller's expenses as much as 50% because of market overlaps.

Banks, thrifts and credit unions brought in $32 billion in overdraft revenue last year, a 1% increase from 2011, according a new study.

A number of bank chief executives have ties to teams in this year's NCAA men's basketball tournament. Here are some prominent examples.

Bankers who were at last week's convention are considering ways to expand social media use and offer new products that will not run afoul of regulators.

Capital requirements for community banks should be raised outside of the Basel III process and through a much more simplified system of risk-weighted assets.

A dissident investor's candidate has joined the board at First Financial Northwest (FFNW) in Renton, Wash., ending a costly legal dispute.

Starbuck Bancshares has sweetened the consideration it will pay for PremierWest Bancorp (PRWT) in Medford, Ore.

The Federal Deposit Insurance Corp. has terminated a consent order issued to Saehan Bank (SAEB) in Los Angeles.

First Citizens BancShares (FCNCA) in Raleigh, N.C., is preparing to spend millions of dollars to improve its information technology platform.