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%.

The "luxury" experience at a Four Seasons hotel stay was not produced by facilities. It was produced by human interaction.

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Regulators are hitting banks with fewer enforcement actions, but don't assume that means the industry's getting healthier. The decline could merely reflect a shrinking pool of candidates for regulators to flag for errant behavior, some industry observers say.

Increases in initial public offerings would normally benefit banks, but a recent surge in IPO activity is instead threatening to further shrink lenders' balance sheets.

Sandler O'Neill investment banker Emmett J. Daly shares his outlook on bank mergers in an interview with American Banker.

Linda Nahra, the president and chief executive at Community West Bancshares in Goleta, Calif., has notified the company that she is stepping down at the end of the month to pursue another business opportunity.

As she departs as head of the Federal Deposit Insurance Corp. after a historic period of financial tumult and regulatory reform, Sheila Bair wishes more regulators felt empowered to be candid with the public about their views, even if they rock the boat.

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