Savannah Bancorp Inc. in Georgia said that one of its bank has entered into a consent order with regulators and now must work to maintain capital levels and reduce problem assets.

Encore Bancshares in Houston had a three-year plan for independence before an offer from Cadence Bancorp provided shareholders with the same value … immediately.

Legislation that would let banks appeal examination findings to an outside arbiter has now been introduced in both houses of Congress.

An American Banker editor couldn't escape banking even on a family vacation to the new LEGOLAND amusement park in Winter Haven, Fla. Welcome to the land of bricks, but no mortar.

Premier Financial Bancorp Inc. in Huntington, W.Va., reported that its fourth-quarter profit rose 5% from a year earlier, to $2.4 million, as operating expenses declined.

The $114 million-asset Clarkston State Bank in Michigan survived the economic downturn by significantly shrinking its assets, selling a stake in another bank and raising $8.5 million of capital. Clarkston's slow recovery could give hope to other struggling banks.

Big banks need passing grades on stress tests and healthy stocks before they start buying, Frank Cicero says.

Veritec is the latest company to offer a debit card with an "off" switch. It gives cardholders the ability to switch off the account's transaction functions from a Web browser or smartphone.

Patrick Gideon resigned as chairman of Reliance Bancshares Inc. in Missouri after objecting the company's decision to hire an outside consultant.

The Consumer Financial Protection Bureau will propose mortgage servicing rules this year that would restrict force-placed insurance and impose new disclosure requirements for adjustable-rate mortgages.

American Airlines Federal Credit Union announced Tuesday that it has chosen the Episys core processing system of Jack Henry & Associates.

A New York investment group that is planning to buy a Long Island community banking company has agreed to pay the seller a $500,000 break-up fee if the oft-delayed deal is not completed by the end of this month.

Encore Bancshares is the latest Texas bank to sell itself for a nice price, even as bank M&A stutters outside the state.

A Texas banking company formed two years ago to acquire distressed or failed banks is buying its first healthy bank.

Some tweaks to its travel-related fraud-protection strategies helped an Iowa credit union last year reduce its credit card charge-offs by 16%.

The threat of an economic setback is real despite general optimism, warns Joseph Ficalora, the chief executive of New York Community Bancorp.

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Park National Corp. in Newark, Ohio, has tapped an insider to succeed John Kozak when he retires as chief financial officer next year.

After suffering losses on real estate loans for three straight years, Patriot National Bancorp in Stamford, Conn., has now turned a profit in two consecutive quarters.

At least 17 states are considering bills to create some form of state-owned bank. Backers say such a bank would partner with community banks and strengthening lending. Opponents believe forming the bank would be costly and redundant with what banks already offer.