Millennium Bankshares Corp. in Reston, Va., signed a regulatory enforcement agreement prohibiting it from paying cash dividends to shareholders without approval from the Federal Reserve Bank of Richmond.

Silver State Bancorp raised $55 million of capital last July and used it quickly to bolster its residential construction lending in and around booming Las Vegas.

Washington Banking Co. in Oak Harbor said Tuesday that it has called off its pending sale to Frontier Financial Corp. in Everett, Wash., because the buyer could not obtain regulatory approval for the deal in a timely manner.

Gov. Charles Crist of Florida signed legislation that will let state-chartered banks sell debt cancellation products to anyone at any time.

Danny Payne, the former commissioner of the Texas Department of Savings and Mortgage Lending, has a new job: turnaround specialist.

In making the case that its investment in branches, technology, and people is starting to pay off in improved profitability, Bancorp Rhode Island Inc. has again fended off a dissident shareholder's bid to win seats on its board.

As regulators grow increasingly concerned with the outlook for the commercial real estate market, a Denver software company is set to launch a product that would help community banks gauge the strength of commercial real estate loans in their portfolios.

Community Bankers Acquisition Corp. of Great Falls, Va., has finally won approval from its shareholders to acquire two small Virginia banking companies.

The start-up Capstone Bancshares Inc. in Tuscaloosa, Ala., said Friday that it has agreed to buy Security Federal Bancorp Inc., also in Tuscaloosa, for an undisclosed price.

For someone with very little banking experience, Tom Hassey sure is thinking big.

Central Valley Community Bancorp in Fresno, Calif., has announced that it has a deal to buy the $240 million-asset Service 1st Bancorp in Tracy, Calif., for $23.4 million in cash and stock.

MIDWEST

The financial services landscape has changed dramatically in the last decade, and understanding the changes is critical to building underbanked initiatives.

Five banking trade groups are supporting Spencer Savings Bank of Elmwood Park, N.J., in its battle against the well-known activist investor Lawrence B. Seidman.

Many banks are scaling back their Small Business Administration lending, but Temecula Valley Bank in California is not just ramping up — it is setting its sights on being one of the nation's top five SBA lenders within five years.

Shares of United Community Banks Inc. in Blairsville, Ga., fell for a second straight day after an analyst downgraded its stock and said it could face heavy construction and development loan losses.

ST Financial Group Inc. in Montgomery, Tex., announced a deal Wednesday to buy Snook Bancshares Inc. in Snook, Tex., for an undisclosed amount.

It is down to the wire for a special-purpose acquisition company to complete its deals for two small Virginia banking companies.

Guaranty Financial Group Inc. in Austin said Tuesday that it would sell what could amount to nearly 20% of the $16.4 billion-asset company to the billionaire Robert Rowling.