DCB Financial Corp. (DCBF) said Thursday it completed a sale of common stock to existing shareholders and local investors that netted $13.2 million in funds.

A state court yesterday approved a request from the South Carolina Revenue Department to notify credit unions and banks of the 3.3 million bank account numbers compromised when someone hacked department tax files.

The Federal Reserve Board has terminated enforcement actions against Anadarko Bank & Trust in Oklahoma and Hanmi Financial in Los Angeles.

At Citigroup, CEO Corbat offers hints of strategic change. U.S. bank gives mobile bill pay a boost. In Washington, a Republican leaves and two Democrats rise.

The Senate is preparing to vote soon on a bill to keep TAG alive even as various interests, including large institutions and money-market mutual funds, fight to shut the program down.

Capitol Bancorp had to postpone a bankruptcy hearing because, it says, the Federal Deposit Insurance Corp. repeatedly blocked it from paying the due-diligence costs of its new investors.

At the end of the third quarter, banks with less than $20 billion in assets had nearly $1 trillion in securities and cash on hand. The shift from loans to securities could pose problems if interest rates rise.

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

Two fans will be headed to the Super Bowl in New Orleans thanks to EverBank Financial, whose CEO, Robert Clements, is a Big Easy native who loves football.

Sen. Jim DeMint, R-S.C., announced Thursday he would leave the Senate to head up The Heritage Foundation, a conservative think tank.

In an industry where everyone seems to have an opinion, these financial services veterans have learned to leverage Facebook, Twitter, LinkedIn and other social media to their advantage.

First Business Financial Services in Madison, Wis., will raise up to $25.3 million through a common stock offering.

Remain vocal in conveying your opposition to unwarranted regulatory proposals. Understand your true competition by studying peer data. Eat, breathe, preach and execute sales – but sell to profitable niches in a profitable manner.

Put aside the "doom and gloom" about the fiscal cliff and focus on the things banks having going for them in the long run, BB&T CEO Kelly King urges.

The Treasury Department raised more than $7 million from the sale of nearly 5.8 million warrants to purchase common stock in Zions Bancorp. (ZION).

Here's what you need to know about Tim Pawlenty, the new leader of the Financial Services Roundtable: he's nice, normal, self-deprecating and ready to emerge as an influential voice in the years ahead on industry issues.

Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., will raise roughly $30 million through a public offering of common stock.

The Office of Financial Research held its first advisory committee meeting on Wednesday, asking a range of industry participants how the agency can better collect and analyze financial data to detect systemic threats.

BB&T in North Carolina and EverBank in Florida plan to focus primarily on integrating what they have already bought and organic growth, their CEOs said Wednesday.

Zions Bancorporation (ZION) in Salt Lake City has warned investors that it is facing an impairment charge of up to $100 million in connection with its investments in smaller banks.