Community bank letting a vendor keep its systems up to date on regulatory requirements.

Clifton Savings Bancorp Inc. in New Jersey said that its second-quarter net income fell nearly 18% from the same period last year due to legal expenses related to its decision to terminate its planned second-step conversion.

In one of the first actions of its kind, the National Credit Union Administration has sued a real estate appraiser it says provided a faulty appraisal for a loan that left the now-defunct Utah Central Credit Union holding the bag for more than $400,000.

Congress has expressed deep concern about the regulatory control of banks, yet at the same time wants banks to aggressively finance business and economic growth.

Countries pledge coordination but then go their own ways when it comes to financial regulation. Could it spell the end of global finance?

Rockville Financial Inc. eked out just a small profit in the second quarter after it opted to use the proceeds from its recent second-step conversion to pay down debt and hire new talent.

The Federal Reserve on Tuesday disclosed written agreements with two banks.

The management at Anchor BanCorp Wisconsin Inc. is hoping that another quarter of shrinking losses will bolster its case for attracting fresh capital.

Fulton Financial said the directors of its $2 billion-asset The Bank in Mt. Laurel and its $1.37 Skylands Community Bank in Chester have agreed to merge.

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HF Financial Corp. in Sioux Falls, S.D., said Tuesday that it expects to revise its results for its fiscal year that ended June 30 downward by $500,000 to $1 million to reflect downgrades in its agriculture portfolio.

Community banks in New York City are building loan books by snagging small to midsize companies overlooked by big retail-focused rivals.

At a Senate hearing, community bankers express concern that rules designed to address flaws in the securitization process will harm their more traditional mortgage operations.

There are few topics as easy to get into a friendly, if a bit heated, debate these days as "the future of branches" in banking. Many folks quickly compare branches to buggy whip factories and traditional bankers to Luddites. Others jump in and cite research or survey results that say customers still prefer to open accounts in branches, and that, by the way, branches are still profitable.

Pacific Western Bank in Los Angeles has hired Linda Nahra, the former chief executive at Community West Bank in Goleta, Calif., as a regional president.

FNB United in Asheboro, N.C., has finished raising the $310 million of capital it needs to move forward with its plan to acquire another North Carolina bank.

Hampton Roads Bankshares Inc. in Norfolk, Va., has sold its insurance business as part of its ongoing effort to reduce overhead and streamline operations.

Finally, a milestone that bankers can be (slightly) proud of: more banks made money in the second quarter than in any other quarter over the past five years, according to Keefe, Bruyette & Woods Inc.'s quarterly wrap-up of bank earnings released Tuesday.

Richard Lashley, an activist investor known for pressuring underperforming banks to find buyers, has won a seat on the board of BCSB Bancorp Inc. in Baltimore.

Even as tight ties between regulators and the regulated are blamed for the housing collapse, former FHA chief David Stevens shows the Washington revolving door is in full swing.