The first three failures of the quarter — two in Colorado, one in Illinois — late Friday cost the Deposit Insurance Fund an estimated $590 million and brought the year's toll to 51.

The first three failures of the quarter — two in Colorado, one in Chicago — late Friday cost the Deposit Insurance Fund an estimated $590 million and brought the year's toll to 51.

The credit union is enabling its 14,000 members to access a document automation solution called TotaleAtlasWeb through its home banking portal, which is provided by PM Systems Corp.

The Tampa-based parent of Florida Bank issued 5,107 shares of series C preferred stock, grossing $1,000 a share, according to a filing with the Securities and Exchange Commission.

The Tampa-based parent of Florida Bank issued 5,107 shares of series C preferred stock, grossing $1,000 a share, according to a filing with the Securities and Exchange Commission.

After months of complaints about overzealous examiners, frustrated bankers took it a step further by pressing a House panel to pass legislation forcing regulators to be more lenient.

For most of 2011, small banks have slowly reduced interest rates on deposits enough to stabilize or perhaps lift margins. It remains unclear whether banks will be able to sustain wider spreads.

For most of 2011, small banks have slowly reduced interest rates on deposits enough to stabilize or perhaps lift margins. It remains unclear whether banks will be able to sustain wider spreads.

Castle Creek Capital, a California private-equity firm, has invested $27 million in fast-growing NBC Holding Co. in New Orleans.

The Federal Reserve Board has given the troubled Commonwealth Bankshares Inc. in Norfolk, Va., until the end of July to either raise fresh capital or find a buyer.

A Florida holding company formed three years ago to buy troubled banks has struck its third deal in the Tampa Bay area.

Castle Creek Capital, a California private-equity firm, has invested $27 million in fast-growing NBC Holding Co. in New Orleans.

The Federal Reserve Board has given the troubled Commonwealth Bankshares Inc. in Norfolk, Va., until the end of July to either raise fresh capital or find a buyer.

A Florida holding company formed three years ago to buy troubled banks has struck its third deal in the Tampa Bay area.

The Durbin amendment has sent another debit rewards program to the graveyard as USAA Federal Savings Bank will officially terminate its offering on Sept. 1.

TrustCo Bank Corp NY of Glenville, N.Y., has completed a stock offering, raising about $68.1 million in fresh capital.

Two of Massachusetts' oldest thrifts, Salem Five Bank and Stoneham Savings Bank, are teaming up to create a $3.1 billion-asset company that would have nearly 30 branches in the suburbs north of Boston.

Directors at Nara Bancorp Inc. and Center Financial Corp. will have a few more months to deliberate over the planned merger of the two companies.

Commonwealth Bankshares Inc. and Hampton Roads Bankshares Inc., both in Norfolk, are potentially in hot water with federal officials. For some observers, the troubles began when each tried to keep pace with the biggest community bank in their market.

The Treasury Department released details Thursday about the first wave of capital released under the much-anticipated Small Business Lending Fund.