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.

Independent Bank Corp. in Ionia, Mich., has called off a planned a public offering in which it had intended to raise up to $110 million of fresh capital.

The Federal Reserve on Tuesday announced three written agreements.

First Community Corp. in Lexington, S.C., on Wednesday agreed to buy the assets of Palmetto South Mortgage Corp. of Columbia, S.C. The $607.3 million-asset company said it expects to complete the deal on July 31.

Lending accelerated at the nation's credit unions by a slight 0.4% in May, the second straight positive month for loan growth at credit unions, after lending declined for the previous seven consecutive months, the Credit Union National Association said.

American National Bankshares Inc. completed its 34.7M acquisition of MidCarolina Financial Corp. Seperately, Wintrust Financial said it completed its purchase of Great Lakes Advisors Inc.

The Consumer Financial Protection Bureau and military lawyers announced an agreement to provide stronger protections for service members and their families.

Geezeo Inc., announced a partnership on Wednesday with Sharetec Systems Inc. to offer its online banking and personal financial management services to Sharetec's credit union clients.

Signature Bank said it would offer at least 4.1 million shares of common stock, which would raise its number outstanding by 9.9%.

The Federal Reserve said Tuesday that it executed an enforcement action against Virginia Community Bankshares Inc.

Signature Bank said it would offer at least 4.1 million shares of common stock, which would raise its number outstanding by 9.9%.