Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.

Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

ALEXANDRIA, Va. — NCUA announced this afternoon it awarded CO-OP Financial Services, the credit union-owned payments company, the right to acquire the assets of U.S. Central's Corporate Network eCom, the failed corporate’s online and mobile payments services.

Webster Financial Corp. in Waterbury, Conn., has promoted Chief Operating Officer Gerald P. Plush to president of the company and its Webster Bank subsidiary, effective immediately.

Legislation in the Senate could be key for small banks to deregister from the SEC.

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

The bank's core overhaul touches almost every area of the bank, from security to CRM to mobile.

The board of Capital City Bank Group Inc. in Tallahassee, Fla., has suspended its common stock dividend.

Ailing Palmetto Bancshares Inc. in Greenville, S.C., will shutter more branches and eliminate more jobs as it struggles to return to profitability.

Little noticed was the fact that the recent ViewPoint agreement to buy Highlands Bancshares was one of the pricier deals in months. However, it's probably an exception to the rule.

Park National Corp. in Newark, Ohio, warned in a regulatory filing Wednesday that its 2011 loan-loss provision will be higher than anticipated after regulators said its Vision Bank unit improperly accounted for guarantor-support loans.

Prosperity Bancshares Inc. in Houston said it will start listing its common stock on the New York Stock Exchange.

Southwest Bancorp Inc. in Stillwater, Okla., has sold off roughly $300 million of problem loans in a move its chief executive said is a major step toward achieving its goal of sustained profitability.

First Farmers Financial Corp. agreed late Wednesday to acquire First Citizens of Paris Inc.

One day Ed, CEO of the local community bank, was in his office waiting for the start of the most dispirited board meeting in his bank’s 100-plus year history. As he waited, Ed began reminiscing about his first day at the bank, when he began working as an office boy at age twelve.

ALEXANDRIA, Va. – NCUA this afternoon approved the combination of Treasure State Corporate CU in Montana and Kansas Corporate CU, one of seven corporate mergers pending.

Regional banks are finding that profitable growth is nearly impossible in their traditional businesses. Consequently, many are taking the untraditional approach of diversifying in areas dominated by equally beleaguered rivals.

United Community Financial Corp. in Youngstown, Ohio, said Wednesday that it raised about $2 million from selling 1.6 million shares of common stock to an unnamed investor.

The huge amount of foreclosed properties on the books of many community banks is not expected to decrease significantly in 2012. One of the main problems continues to be the difficulty in obtaining accurate appraisals of foreclosed, bank-owned properties.

Capitol Bancorp Ltd. must really want to keep its board staggered.