Corus Bankshares Inc. appears to be taking a breather from lending to condominium developers.

The National Credit Union Administration’s vice chairman entered hostile territory this week, offering an olive branch to a group of North Carolina bankers.

Leesport Financial Corp. in Wyomissing, Pa., announced Thursday that it is eliminating 14 jobs to trim overhead and improve efficiency.

The Federal Deposit Insurance Corp. is warning institutions about the risk of outsourcing technology, data processing, and call center services to foreign countries.

The National Credit Union Administration approved a rule to limit credit union expansion into underserved areas.

USAA Federal Savings Bank, one of the nation’s largest branchless banks, is accepting deposits at more than 4,100 United Parcel Service stores.

MIDWEST

AUSTIN - The largely unregulated industry of property-tax lending is about to get more oversight.

Sovereign Bancshares Inc. of Dallas has agreed to buy Jefferson Bank of Texas, also of Dallas, for $20 million to $30 million in cash and stock.

ValueBank Texas in Corpus Christi is trying to woo younger retail customers by offering as many Internet services as possible.

Jose A. Infante’s defection from Community Shores Bank Corp. to a rival banking company has heated up competition in western Michigan.

Lawrence Savings Bank in North Andover, Mass., is starting a makeover by changing the name it has had for nearly 140 years.

ShoreBank Corp., known largely for serving Chicago's inner-city neighborhoods, is expanding into the suburbs.

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Nationwide Financial Services Inc. is looking to make a big splash into retail banking by buying the credit union that serves its employees.

Frustrated by what they consider unequal treatment, credit unions are agitating for representation on Federal Home Loan bank boards.

Pennsylvania became the main battleground over credit union taxation last week when the state's Supreme Court agreed to review a challenge to the tax exemption for credit unions there.

First Banks Inc. in St. Louis announced Thursday that it has a deal to acquire TeamCo Inc., of Oak Lawn, Ill., for $13.9 million in cash.

Two southern California community banks that have wanted to expand but could not afford meaningful acquisitions are merging as equals.

Ron Stapp went to the Underbanked Financial Services Forum in Chicago last week to learn more about how his bank could offer remittance services to immigrants.