Community West Bancshares in Goleta, Calif., has named Martin E. Plourd as president and chief executive of its bank subsidiary, Community West Bank.

On Capitol Hill and at the White House, Democrats tried Thursday to pressure Senate Republicans who have vowed to block the nomination of Richard Cordray to CFPB by citing the agency's inability to pursue nonbank lenders who prey on service members.

Salisbury Bancorp Inc. in Lakeville, Conn., has paid the Treasury Department $205,000 for a warrant tied to the Troubled Asset Relief Program.

Community West Bancshares in Goleta, Calif., has named Martin E. Plourd as president and chief executive of its bank subsidiary, Community West Bank.

BankAtlantic Bancorp Inc. said Thursday that its third-quarter loss narrowed considerably from the same period last year, but that credit quality weakened somewhat during one of its last quarters as a bank holding company.

A number of New York-area community bankers believe multifamily lending is a great way to grow loans. In contrast, Dime Community says that there is too much competition and pricing pressure to make good money and that it will ease off making such loans.

Dealmakers are focused on community banks, especially private ones.

Joseph E. Hasten, a former vice chairman at U.S. Bancorp, died Tuesday after a brief illness. He was 59.

The Federal Reserve on Thursday said it has issued a consent order to a Baltimore company, instructing it to take action to improve the composition and business practices of its board.

The Texas Ratio is often used to measure the riskiness of a bank and its likelihood of failure. But recently, it has lost its distinctiveness as being uniquely Texan.

Ocean Store Holding Co. in Ocean City, N.J., reported late Wednesday that its third-quarter earnings fell 16% from a year earlier, to $1.2 million, due to expenses tied to an acquisition.

An estimated 650,000 consumers have closed their bank accounts and opted for credit union membership over the past four weeks, according to CUNA, bringing the approach to Saturday's Bank Transfer Day to a crescendo.

Community Bancorp LLC in Houston said Wednesday that it will change its name to Cadence Bancorp LLC next week.

Credit quality may have stabilized, but banks are boosting reserves after signaling plans to lower them. Concerns over the economy, growth plans and regulatory intervention all seem to be playing a role in the reversals.

Raj Date, the interim head of the Consumer Financial Protection Bureau, faced pointed questions and criticisms from Republicans in his first appearance before Congress since taking over for Elizabeth Warren last August.

The Johnson family, which also controls S.C. Johnson & Son Inc., pumped $235 million into Johnson Financial after efforts to bring in outside funds were unsuccessful.

The FDIC tries to stay clear of being the agency that closes a bank's doors. But working behind the scenes to guard its insurance fund, the agency is often significantly involved in the decision of when to fail an institution.

The industry needs to find its way to a future in which the president isn't complaining and the Wall Street occupiers go home and disenchanted customers are content.

BB&T Corp.'s unusual deal to extract the most valuable parts of BankAtlantic shows how inventive dealmakers can get a leg up on their rivals in the topsy-turvy merger market.

With its future in doubt, the company hires investment banks to help it explore its options.