A group of Tribune Co. creditors sued the banks behind the publisher's 2007 leveraged buyout, claiming the $8 billion in loans they arranged for the deal doomed the company to bankruptcy.

With rates near all-time lows and costs still rising, it has become so difficult for credit unions to earn a positive spread for their members that Nevada Federal Credit Union is paying members to take their money elsewhere.

Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.

Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.

Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.

Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.

Wintrust Financial Corp. in Lake Forest, Ill., on Thursday announced pricing for a common stock offering expected to raise at least $183 million of fresh capital.

The struggling Integra Bank Corp. in Evansville, Ind., has announced its third branch-sale deal of the year.

City National Corp. in Los Angeles announced Thursday that it has completed repaying the Treasury Department's $400 million investment made under the Troubled Asset Relief Program.

Alexi Giannoulias, a Democrat in a race for the Senate against five-term U.S. Rep. Mark Kirk, a Republican, warned of the possible fate of his family's Broadway Bank during a Wednesday meeting with the Chicago Sun-Times editorial board, according to local media reports. Giannoulias would not comment to American Banker.

Though the $16.4 billion-asset company, led by the real estate developer Howard Milstein, insists its problems are under control, analysts paint a bleak picture of a company that could snap under further stress without additional capital.

ATMs have long been primarily used for withdrawals, but as envelope-free deposits and other advanced features have become more common, the range of typical uses for ATMs has expanded.

MIDWEST

One Main Street LLC, an investment fund in New York City, has announced an agreement to buy the tiny Liberty Bank Inc. in Salt Lake City with a plan to expand it into a regional bank.

Call me nuts, but in an increasingly competitive and commoditized industry, "friend" seems like a strategically good place to be. What will you and your team do to make friends (and future customers) this week?

Midwest Banc Holdings Inc. has won another round in its battle for recapitalization, as a result of an unusual move by the Treasury Department.

The longtime chairman of Brookline Bancorp in Massachusetts resigned late last month after his board voted to reject a buyout offer, but he did not leave quietly.

Valley Commerce Bancorp of Visalia, Calif., said it lost $2.1 million in the fourth quarter, compared with earnings of $417,000 a year earlier.

Camco Financial Corp. of Cambridge, Ohio, said it narrowed its fourth-quarter loss by $4 million from a year earlier, to $11.8 million.

While the Obama administration's efforts to boost small-business lending languish on Capitol Hill, lawmakers are pressing an alternative.