The Arkansas Bankers Association announced Friday that President and Chief Executive Kenneth D. Hammonds will retire at the end of this year and will be replaced by the trade group's chief operating officer, William R. Holmes.

Royal Bancshares of Pennsylvania Inc. in Narberth, Pa., said Friday in a regulatory filing that it was once again in compliance with the Nasdaq's listing requirement for minimum bid prices.

Many big banks in debt-plagued Europe need to slim down and raise capital. As a result, experts say they expect more opportunities for U.S. banks to beef up as overseas conglomerates unload unwanted assets.

First National Community Bancorp Inc. in Dunmore, Pa., said Friday that it had restated financial results for 2009 and two quarters in 2010 after an internal audit uncovered inaccuracies in its accounting for loans losses.

In need of new capital, First Cherokee State Bank is looking to differentiate itself by opening a casual coffee house stocked with wealth advisors.

NCUA has cleared the acquisition by United FCU of Griffith Savings Bank, the first purchase of a bank by a federally chartered credit union, and the deal now awaits approval by the FDIC.

Small but profitable Wedbush Bank, a sister company of Wedbush Securities, is the rare example of a thriving bank linked to a brokerage firm. Now the bank is looking to expand by scouting for an acquisition along the West Coast.

Banks looking to tune up their public image these days could take a lesson from Ray Jay.

Greystone Bank in Raleigh, N.C., is one small loan away from a rare voluntary liquidation.

The NCUA approved a serices of mergers for billion-dollar-plus credit unions, which are gobbling up smaller troubled institutions at an accelerating pace.

A dissident shareholder's bid to win a seat on the board of HF Financial Corp. received a boost Friday after an independent advisory firm endorsed his candidacy.

CommunityBank of Texas has appointed a longtime Houston banker as its president.

Ed Willingham, president of the North Carolina company, was elected a director of the Richmond Fed.

The Maryland bank is to serve as escrow agent for $618 million from a legal settlement between Native American farmers and the U.S. Department of Agriculture. The lawsuit alleged discrimination against Indian farmers in obtaining agricultural loans.

Freed from an enforcement order that had restricted its growth, Royal Bancshares Inc. in Narberth, Pa., has brought in a seasoned veteran to lead its expansion in small-business lending.

Hampden Bancorp Inc. in Springfield, Mass., has promoted its business banking executive to become president and chief operating officer.

Two regulators-turned-consultants, invoking a famous Ronald Reagan quote, are really "here to help" this time.

Fifth Third Bancorp in Cincinnati has appointed a Humana Inc. executive to its board.

Toronto-Dominion Bank and TCF Financial Corp. said Thursday they had completed separate acquisition deals — TD for almost all of MBNA Canada's credit card portfolio, TCF for auto lender Gateway One.