It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.

Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the Consumer Financial Protection Bureau.

Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.

Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.

Citizens Republic Bancorp Inc. in Flint, Mich., has agreed to create two new housing programs in Detroit as part of a settlement with the Justice Department involving violations of the Fair Housing Act and the Equal Credit Opportunity Act.

The choice of private equity's Edward Grebow to lead the union-owned Amalgamated Bank might still be considered an odd coupling — if the deficit-laden institution wasn't bleeding out profits and capital.

The FDIC has upped the ante in its push to force Republic Bank to stop making refund-anticipation loans, amending a notice of charges against the bank to include new violations.

The National Credit Union Administration reiterated concerns about how a debit interchange proposal by the Federal Reserve Board could hurt small credit unions.

The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.

Many have argued that competitive pressures and increased regulatory costs will force a wave of consolidation in the banking industry. On Thursday, a prominent banker made a stark prediction about how many institutions will survive the next decade.

The Charlotte, N.C., company announced Thursday that it is buying a 90.1% stake in the $2.4 billion-asset Green Bankshares in Greeneville, Tenn.

A federal judge has ordered the repatriation of $2.3 million traced to last year's collapse of St. Paul Croatian Federal Credit Union from a Macedonian bank as authorities try to determine if the funds were among those siphoned from the onetime $240 million-asset credit union.

Community Shores Bank Corp. in Muskegon, Mich., said Wednesday that its first-quarter loss widened to $734,000, from $440,000 a year earlier.

Tri-Valley Bank in San Ramon, Calif., said late Tuesday that it added three directors and elected a former Wells Fargo & Co. executive to chair its board.

A failed-bank acquisition lifted the first-quarter earnings of First Bancorp in Troy, N.C. The $3.4 billion-asset company's earnings rose 56% from a year earlier, to $5.3 million, according to a late Tuesday press release.

Brand Group Holdings Inc. in Lawrenceville, Ga., said Wednesday that it had raised $200 million in capital through a number of well-known private-equity groups.

North American Financial Holdings Inc. of Charlotte, N.C., last week merged TIB Bank into its flagship NAFH National Bank.

When long-term interest rates ticked up late last year, it was widely believed that mortgage revenues would modestly decline in the first quarter. The drop was anything but modest.

The customer who would usually avoid taking a marketing piece will readily accept recipes and coloring pages for children — "sponsored" by the bank on the back of the flier.