Alan Levan, the chairman and chief executive of BankAtlantic Bancorp Inc., stated earlier this year that he was energized over his company's future. Turns out that the future involves an exit from banking.

DCB Financial Corp. in Lewis Center, Ohio, said will hire an investment bank to help it explore ways to raise capital.

I recently caught up with friends, colleagues, and customers at a large banking conference.

Bank of America's decision to drop its controversial debit-card fee may have come too late to retain some accounts, as many big-bank customers have begun defecting to smaller banks in protest over various fees, according to FIS.

FNB United Corp. in Asheboro, N.C., said it completed a one-for-100 reverse stock split.

The Federal Reserve has reached a written agreement with Princeton National Bancorp Inc. in Princeton, Ill.

German American Bancorp Inc. in Jasper, Ind., reported Tuesday third-quarter earnings of $5.2 million, up about 44% from a year ago, due to increased noninterest income and reduced operating expenses.

The Nasdaq Stock Market will suspend the trading of Provident Community Bancshares Inc.'s common shares at the open of business on Thursday due to the company's failure to comply with certain listing rules.

Nara Bancorp Inc. in Los Angeles said late Monday that it completed a $63.3 million public offering of its common stock.

Sabal Financial Group L.P. in Newport Beach, Calif., has purchased $142.2 million of loans from Bank of the Cascades in Bend, Ore.

For the IT staff of two at the community bank Royal Bank America, an email-based trouble ticket system wasn't cutting it.

United Bank offers its underbanked customers checking accounts with...checks. The FDIC has even taken note of their unique approach.

Banks are looking to slash infrastructure that had been built for growth, but not all have bloat in their payrolls. In fact, compensation is now a smaller portion of revenue at companies like Capital One than it was before the recession.

Opus Bank in Irvine, Calif., which last week raised $100 million to fund growth, has completed its acquisition of RMG Capital Corp., the parent company for Fullerton Community Bank.

Embattled BankAtlantic Bank in Fort Lauderdale, Fla, has given up its fight to remain independent. The thrift's parent, B.ankAtlantic Bancorp, announced early Tuesday that it has struck a deal to sell the $3.8 billion-asset unit to BB&T.

BB&T Corp. agreed to acquire struggling Florida lender BankAtlantic, part of BankAtlantic Bancorp Inc., in a deal that will expand its presence in SouthEast Florida.

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A Dallas-area bank is looking for offensive capital after a would-be buyer failed to raise enough money to acquire the $41 million-asset institution.

The FDIC has filed a lawsuit against former directors and executives at the failed Mutual Bank, claiming, among other things, that $250,000 was spent on a lavish wedding that management detailed as a bank function.

Although they will not be supervised by the Consumer Financial Protection Bureau, executives of small financial institutions told a congressional panel Monday they remain uneasy about the effect the bureau will have on their businesses.