Ebrahim Shabudin, former chief operating officer and chief credit officer at United Commercial Bank in San Francisco, has been sentenced to 97 months in prison for securities fraud related to the bank's failure.

Barre Savings Bank in Barre, Mass., has agreed to merge with Fidelity Bank in Leominster, Mass.

Industry conferences that feature advice tailored to the concerns of Citigroup and JPMorgan Chase don't do community bankers a whole lot of good.

FS Bancorp in Mountlake Terrace, Wash., has agreed to buy four branches in Washington from Bank of America in Charlotte, N.C.

Banking's ties to sports stretch back for more than a century. The "father of baseball," Alexander Cartwright, worked at Union Bank of New York before he established the Knickerbocker Base Ball Club. Today, the two worlds remain incredibly close, as evidenced by these prominent individuals.

Auburn State Bank and Carson National Bank of Auburn in Nebraska have received the go-ahead from the Federal Reserve to merge.

Talmer Bancorp has enough capital for M&A, though the large repurchase of stock from W.L. Ross might rule out a big acquisition for now.

Iberiabank in Lafayette, La., has named Rick Pullum its Orlando, Fla., market president.

MVB Financial in Fairmont, W.Va., has purchased two former Susquehanna Bank branches in West Virginia from BB&T.

The Office of the Comptroller of the Currency has lifted its operating agreement with the banking unit of Capital Bank Financial in Coral Gables, Fla.

Four Oaks Fincorp in Four Oaks, N.C., has named an acting chief financial officer after longtime CFO Nancy Wise resigned.

Carolina Trust Bank in Lincolnton, N.C., has named an auto dealership executive to its board.

The most productive and successful salespeople hear some version of “No thanks, I’m good” more than anyone else. This kind of daily rejection is just confirmation that they're doing their jobs correctly.

Pacific Mercantile Bancorp in Costa Mesa, Calif., has reached an agreement to swap about 3 million shares of common stock for all of its outstanding preferred stock and warrants.

Colony Bankcorp in Fitzgerald, Ga., has redeemed about 17% of its Troubled Asset Relief Program preferred shares for about $4.3 million.

Prudential Savings Bank in Philadelphia has hired Douglas Smith to be its chief lending officer. Smith most recently served as chief credit officer at Noah Bank in Elkins Park, Pa.

Northwest Bancorp. in Spokane has raised $20 million from a private placement of common stock. Northwest plans to use some of the proceeds to complete its acquisition of Fairfield Financial Holdings, which was announced in late June.

Riverview Bancorp in Vancouver, Wash., has reached a truce with the activist investment firm Ancora Advisors.

The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.

A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.