Tim Pettus, the president of First Farmers & Merchants Bank in Columbia, Tenn., says he is proud that the bank's donations to a nonprofit have helped turn around a crime-ridden part of town.

BNCCorp Inc.'s shares plunged Thursday after the Bismarck, N.D., company announced a private placement at a highly discounted price.

The Treasury Department has agreed to take a haircut on its equity in Broadway Financial in Los Angeles to help the company bring in new capital.

Executives hail new effort at dialogue and hold out hope for 'tiered regulation,' but the extent of actual reforms remains to be seen.

A group consisting mostly of community bank CEOs used the FDIC's first conference on smaller institutions to urge resistance against onerous legislation and common sense for regulation.

Starbucks Coffee Co. has raised more than $2 million in small-dollar donations from its customers since Nov. 1 in support of its effort to stimulate job growth in low- and moderate-income communities.

CIFC Corp. and Sandler O'Neill pitch community and midsize banks on participation in syndicated C&I loan deals — a market normally dominated by the biggest banks.

BROCKTON, Mass. — HarborOne CU, New England's second largest credit union, is the latest credit union giant to be considering a conversion to bank, which would be the biggest credit union conversion yet.

The Consumer Financial Protection Bureau issued a proposal Thursday that would allow the agency to supervise debt collectors and credit reporting agencies, two industries that have had an increasingly important impact on consumers during the recession.

Premier Financial Bancorp Inc. in Huntington, W.Va., is planning to consolidate three of its four subsidiary banks as part of its ongoing effort to build scale, lower its compliance costs and improve its overall efficiency.

First Security Group, headed by Michael Kramer, has added three executives and a board member as it digs its way out from under a regulatory consent order.

Fed Chairman Ben Bernanke and FDIC Chairman Marty Gruenberg said regulators are seeking to keep community banks vibrant.

First National Bank of the Gulf Coast has implemented a paperless system and other improvements as it looks for its first profitable quarter.

CapStar Bank has agreed to buy certain assets and liabilities from another Tennessee bank, making CapStar’s second acquisition in the past week.

Waccamaw Bankshares scored a minor victory tied to a 2010 capital infusion, though its president said the result only buys time to explore "strategic alternatives."

Town and Country Financial Corp. in Springfield. Ill., is combining its two bank subsidiaries that it has operated as separate entities for nearly three decades.

Why community banking is crucial to the nation's long-term growth.

A judge has approved Bank of Hawaii's deal to pay $9 million to settle a class action involving overdraft fees.

Raymond James Financial Inc.'s offering of 10.5 million shares, including 1 million shares offered by selling stockholders, priced at a 2% discount to its Tuesday closing price.

The Office of the Comptroller of the Currency and the Federal Reserve Board said Wednesday they are extending the deadline for borrowers to request an independent foreclosure review under the consent orders signed by 14 mortgage servicers last April.