Donald Shamey, president and chief executive at NexTier Bank in Butler, Pa. will retire in July after 40 years at the helm.

The Columbus, Ohio, company started giving away pens in its branches in 2010. Now more than 20 million are in circulation around the world with a few ending up in bizarre places, including the movie Bad Grandpa.

Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).

BNC Bancorp (BNCN) in High Point, N.C., has agreed to buy Harbor Bank Group in Charleston, S.C.

A federal judge has ruled that a Kansas-based payday lending operation intentionally deceived borrowers about the cost of their loans.

It's rare that a regulatory filing would quote the song "Livin' La Vida Loca," but that's just what some Doral investors say the Puerto Rican government is doing in its refusal to restore $230 million of the bank's tax payments.

The company spent years looking in vain for the right deal at the right price before finding TF Financial. The deal adds a healthy bank and a much-needed beachhead in New Jersey, though it also pushes National Penn closer to $10 billion in assets.

Economists and housing experts maintain that the housing crisis is long over, but many Americans beg to differ.

The federal banking agencies on Wednesday began an extensive effort — required by a law passed before the financial crisis — to gather feedback about which rules should be placed under the microscope for potential regulatory relief.

The Armed Forces Benefit Association plans to sell its bank to local management. While insurers have been fleeing the industry due to regulation, the group says it is getting out because its membership's use of the bank is falling and it would rather use the capital to expand its life insurance business.

M&T Bank (MTB) in Buffalo, N.Y., has been named the exclusive banker for its hometown Erie County, which was looking to cut costs.

It's not easy to survive as a single-branch community bank anymore. That's the view of John Essen, president of Community Savings Bank in Bethel, Ohio, which agreed this week to merge with Home Building and Loan Co., a savings and loan in Greenfield, Ohio.

Community banks consider customer service their big advantage against larger competitors. But that strategy may not be working.

Bank of America has sold more than 230 branches with $7.5 billion in deposits in the last two years. Here is a list of the nine banks that have bought the bulk of those locations.

National Penn Bancshares (NPBC) in Allentown, Pa., has agreed to buy TF Financial (THRD) in Newtown, Pa. The $8.6 billion-asset National Penn will pay $138 million in cash and stock for the $846 million-asset TF Financial.

Old National Bancorp (ONB) in Evansville, Ind., has agreed to buy LSB Financial (LSBI) in Lafayette, Ind. The $9.6 billion-asset Old National will pay about $67 million, or $41.67 a share, in cash and stock for the $366 million-asset LSB.

Most banks say they listen to the customer, but Jim Simpson at City Bank Texas directly studies comments made in call centers and branches for clues to the next mobile banking app features.

Independent Bank Group (IBTX) in McKinney, Texas, plans to file a shelf registration that would allow it to sell up to $250 million in debt and equity securities.

Californians picked Republican Neel Kashkari, a political newcomer who ran the federal bailout of the U.S. banking system, to challenge incumbent Democrat Jerry Brown for governor in November.