United Community Bancorp in Lawrenceburg, Ind., has completed a crucial step in its conversion to a public company from a mutual.

This has been a difficult year to run a foreign-owned bank in the United States, but BBVA Compass aims to parlay a recent core overhaul into new growth opportunities in 2013, CEO Manolo Sanchez says.

Special credits, like accounts receivable financing lines, real estate construction loans or import-export lines, require experienced personnel because, while they may be quite profitable, they are inherently hazardous.

First Bancorp (FBNC) in Troy, N.C. and Community Financial Shares in Glen Ellyn, Ill. have completed capital raises.

The Office of the Comptroller of the Currency has taken enforcement measures against six banks and terminated actions against a half dozen others.

The interim chief financial officer of Capitol Bancorp has quit.

In a one-hour interview at his office in Massachusetts earlier this year, Rep. Barney Frank was surprisingly open, discussing what motivated him to get into politics, his personal life, and the cause of political gridlock in Congress.

The Greenville, S.C., bank will acquire Resource Financial Services, which has eight offices in five states. CertusBank did not disclose the price it will pay for the four-year-old company.

The Maryland companies have moved the deadline for terminating the deal while they await Fed approval. Carrollton also said Friday that its CFO will resign in January.

A large shareholder recently sold most of her holdings in First Citizens, giving her uncle's family a majority stake in the family owned company.

The House Democratic Caucus named six incoming freshman members of Congress to serve on the Financial Services Committee next year.

Every banker is under scrutiny, but last year we pegged 10 executives as potential news makers for 2012. Most of those bankers delivered big headlines in the past year.

BB&T has extended the contract of its chief executive for three years. The $182-billion asset company said Wednesday it has eliminated a provision in Kelly King's contract that would have required him to step down when he turns 65 this September.

The Shippensburg, Pa., banking company said Thursday it has sold 172 commercial loans with a combined balance of $45.6 million to an investor group for roughly $32 million.

BV Financial, the holding company for Bay-Vanguard Federal Savings Bank, has agreed to acquire Vigilant Federal Savings Bank in a combination of two small Baltimore mutual thrifts.

First Citizens BancShares has lost a piece of its history with the resignation of a long-time director.

UBS's guilty plea seen as "epic," small banks get a bit of good news, the Consumer Financial Protection Bureau preps for a busy year.

CapitalSource (CSE) in Los Angeles said that John Delaney, who was elected to Congress last month, is stepping down as its chairman.

Investors Bancorp had hardly announced its deal for Roma Financial, a fellow mutual thrift in New Jersey, than speculation began whether it should buy more mutuals before it restructures and is barred from doing so.

First Internet Bancorp (FIBP) is adding a director with experience in overseeing banks and tracking the regional economy.