Willow Financial Bancorp Inc. of Wayne, Pa., said Monday that it had pared back its exposure to bad loans through the sale of a loan and real estate worth $6.5 million.

The National Credit Union Administration said it has taken control of Peoples First Choice Federal Credit Union in Glen Rock, N.J.

Candace Franks became the first woman commissioner of the Arkansas State Bank Department last week.

Community banks have left the remittance business mostly to large banks and money-services businesses, but a Washington consumer finance company that largely targets Hispanics is trying to change that.

Community Banks Inc. in Harrisburg, Pa., said Monday that it would lower previously reported first-quarter earnings by 31% because it has determined that it had misapplied a new accounting rule.

The hits keep coming for the struggling Coast Financial Holdings Inc.

Yadkin Valley Financial Corp. in Elkin, N.C., has announced it has a deal to buy Cardinal State Bank in Durham, N.C., for $41.8 million in cash and stock.

Beverly Hills Bancorp has put itself on the block, because its foray into wholesale banking never quite panned out.

The Small Business Administration this week unveiled a loan program designed to encourage lending to military veterans and their families who own or want to start a business.

People are already calling a northern Virginia bank in organization "the Little League bank."

First National Bank of St. Louis in Clayton, Mo., has announced an agreement to buy First National Bank of Millstadt, Ill., in a deal worth $21 million.

Beverly Hills Bancorp's stock rose Thursday on news that the Calabasas, Calif., company is considering selling itself.

United Community Banks Inc. in Blairsville, Ga., could be on the hook for millions of dollars in bad loans after it unwittingly became tangled up in a fraudulent real estate scheme.

American National Bank of Texas, a Terrell unit of ANB Holding Co. Ltd., said Wednesday that it plans to buy Bryant-Irvin Bancshares Inc. in Benbrook.

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Innovative Bank in Oakland, Calif., says it is well on its way to complying with a regulatory order to strengthen its management, clean up its loan portfolio, and improve Bank Secrecy Act compliance.

Bryn Mawr Trust Co. in Pennsylvania already brings in about one-third of its income from wealth management, but it aims to do better.

MIDWEST

First Busey Corp. and Main Street Trust Inc. said Tuesday that they would divest five overlapping branches in Champaign County, Ill., as a condition of their pending merger.