Community Financial (TCFC) in Waldorf, Md., has named William Pasenelli, its president and chief financial officer, as its next chief executive.

Community banks are stepping up their mobile payments offerings — and a growing number say they're doing it more to please customers rather than for the direct profits.

Banks, along with Fannie Mae and Freddie Mac, are revisiting mortgage lending policies to address fracking concerns. Some banks will no longer finance homes where an oil rig sits, and Freddie Mac says it can force the entire outstanding balance to be paid if an oil lease is signed.

Banks put the brakes on small-business lending in October as the government shutdown shuttered the Small Business Administration and the Internal Revenue Service.

Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.

Choice Financial Holdings in Grafton, N.D., has agreed to buy Great Plains National Bank in Belfield, N.D.

The company lost money in the third quarter as it aggressively looked to build assets. At least one investor urged management to take a break from acquisitions during a quarterly call to discuss results.

Pulaski Financial (PULB) in St. Louis said Monday that it had discovered a fraud scheme by a commercial borrower that wiped out the profit for its latest quarter and nearly a third of its annual profit.

Baylake Corp. (BYLK) in Sturgeon Bay, Wis., has agreed to buy a branch from Community Bank & Trust in Sheboygan, Wis.

Saehan Bancorp (SAEB) shareholders have more time to decide on how they get paid in the buyout by Los Angeles rival Wilshire Bancorp (WIBC).

Banks, whose reputations took tremendous hits in recent years over the treatment of military customers, have unveiled another round of programs to help service members and veterans as the nation celebrates Veterans Day.

Capital Bank Financial (CBF) in Coral Gables, Fla., has hired a former Huntington (HBAN) executive for its top technology job.

Jacksonville Bancorp (JAXB) in Florida reported its third consecutive quarterly profit as lowered its expenses and its loan-loss provision.

Berkshire Bancorp (BERK) in New York plans to delist from the Nasdaq and deregister its common stock.

New technologies, strict employee training, cost control and a little psychology are some of the things small-business lenders have tried to counter falling demand and bargain shopping.

The smallest community banks are largely exempt from many new regulations, but their CEOs are still facing mounting compliance burdens and heightened concerns over competition with credit unions. American Banker Community Editor Paul Davis reports from his recent meeting with leaders of small banks.

The Treasury Department is taking a roughly 45% discount its latest auction of Troubled Asset Relief Program shares.

First Mariner Bancorp (FMAR) in Baltimore recorded a large third-quarter loss after its mortgage revenue fell by more than 80% from a year earlier.

StoneCastle Financial in New York launched its $110 million initial public offering Thursday.