Cambridge Savings Bank in Massachusetts said that Robert Wilson, its president and chief executive, has taken a medical leave.

In what would be its first acquisition since its founding in 2007, fast-growing First Virginia Community Bank has agreed to buy 1st Commonwealth Bank of Virginia.

A fight between ECB Bancorp in North Carolina and the Gibbs family foreshadows clashes at many community banks between today's managers and ownership interests from yesteryear.

An employee of First Federal Savings Bank of Iowa helps rescue a kitten trapped in a ventilation pipe next to one of the bank's branches.

The Federal Reserve Board has lifted a written agreement with Baylake Corp. that required the Sturgeon Bay, Wis., company to improve its asset quality and earnings.

The former chief executive of a failed Florida community bank has been sentenced to six years in prison for lying to regulators about the bank's condition.

M&T Bank (MTB) in Buffalo announced Monday that former Comptroller of the Currency John "Jerry" D. Hawke Jr. has been elected to the boards of the bank and its holding company.

A shareholder group that includes a former ECB director has urged directors of the Engelhard, N.C., company to remove Dwight Utz as president and chief executive.

Most of us buy into the thinking that the slow pace of bank M&A is a bad thing. But, unless you are an investment banker or a lawyer who advises on deals, there are a lot of benefits to measured consolidation, some industry observers say.

A year and a half after reserve releases emerged as a saving grace for bank earnings, allowance reductions accelerated early this year and accounted for perhaps 14% of the industry’s net income.

Privatebancorp (PVTB) in Chicago is in no rush to boost its dividend, preferring instead to use any excess capital to grow earning assets and invest in new products.

The final price Grandpoint Capital would pay for National Bank of California depends on the seller's loan losses, expenses over two years and other contingencies.

Warren Buffett likes community newspapers and he likes big banks. So, why not community banks, too? Analysts discuss the pros and cons of Berkshire Hathaway investing in community banks.

Grandpoint Capital announced late Monday that it is buying NCAL Bancorp, the holding company for the National Bank of California, a $341 million-asset bank with five branches in southern California.

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The Treasury has commenced another auction of Tarp holdings. At least banks are planning to use the auction as an opportunity to retire preferred shares that will carry a 9% interest rate in late 2003.

RENO, Nev. — Members of Sparks City Employees FCU approved the merger of their ailing one-time $16 million credit union into Great Basin FCU, the state's eighth-largest credit union.

The New York firm, formed 50 years ago, survived a tragic setback during the terrorist attacks of 2001.

The Treasury Department began to sell stakes it holds in seven banks that received bailout funds at the height of the financial crisis, continuing the slow process of winding down the Troubled Asset Relief Program.

The California company announced the opening of its first full-service U.K. branch a day after a key British official lamented in a column that European banks lack the capacity to help the nation's businesses grow.