Valley National Bancorp in Wayne, N.J., is planning to issue a combined $200 million in preferred stock and debt.

Steve Apodaca, who recently joined the American Bankers Association, hopes to help farmers navigate falling commodity prices, compete against the Farm Credit System and find ways to lend on new farming technology.

First Reliance Bancshares in Florence, S.C., is again current on its dividends tied to the Troubled Asset Relief Program.

The Treasury Department's Community Development Financial Institutions Fund has allocated more than $3.5 billion in tax credit awards for low-income urban and rural communities.

Mechanics Bank in Walnut Creek, Calif., shook up its top leadership post following its sale to a Dallas investment group.

WASHINGTON — The Federal Deposit Insurance Corp. unveiled a proposal Tuesday that would change the calculus used in determining assessment fees for small banks, resulting in most of those institutions paying less in premiums.

Bank of Mingo in Williamson, W.Va., will pay a total of $4.5 million in fines and legal settlements after it was investigated for violating anti-money-laundering laws.

The $18.7 billion-asset company said in a press release Monday that Eric Yeaman will also become its chief operating office on June 22.

Revere Bank in Laurel, Md., has raised $15.5 million through a private placement of its common stock. The $717 million-asset bank sold 1 million shares at $15.50 per share.

Institutions with $5 billion to $50 billion in assets have gained a bigger slice of the industry's assets since 2010 by focusing on specialized lending and redefining their markets.

The $5.9 billion-asset company sold the subsidiary, First Merchants Insurance Group, on June 12 to USI Insurance Services, an insurance brokerage firm in Valhalla, N.Y.

Opus Bank in Irvine, Calif., has named a new head of commercial real estate lending after its current leader resigned.

Community Bank in Pasadena, Calif., has completed a debt restructuring that will reduce second-quarter profit, but will improve its cost of funds and margins and increase yearly income.

Rita Lowman, chief operating officer at C1 Financial in St. Petersburg, Fla., has been named chairwoman-elect of the Florida Bankers Association.

Emclaire Financial in Emlenton, Pa., has raised $8 million in a private placement of its common stock.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the pitfalls of using alternative data to score "credit invisibles" and whether Benjamin Lawsky's successor should play nice with big banks.

Riverview Bancorp in Vancouver, Wash., is in talks with an activist investor about a board seat.

Almost two-dozen banks in New York City do not appear to offer or widely advertise basic checking accounts, although state law requires it, the New York City Comptroller said Friday.

Worth Carter is reluctant to talk to investors and media. He is tight-fisted with costs and is willing to hold off making loans. His namesake bank doesn't offer online banking. But the institution is riding a hot streak of profitability that would make other banks jealous.

Community West Bancshares in Goleta, Calif., said that a litigation settlement concerning its sale of residential-mortgage loans will reduce its second-quarter profit.