The economic pain inflicted on millions of citizens and businesses by the collapse and eventual bailouts of some of Wall Street’s largest financial firms reveals why community banks should continue to distinguish themselves from systemically risky financial firms.

FJ Capital Management said Thursday that it had received a "significant investment" by Bridge Equities LLC.

First ULB Corp., the Oakland, Calif., parent company for United Labor Bank, has filed to hold an initial public offering.

The Federal Reserve on Thursday announced a prompt corrective action against Anchor Commercial Bank in Juno Beach, Fla., after the bank failed to provide the Fed with an acceptable capital restoration plan.

TCF Financial said Thursday that it is acquiring Gateway One Lending & Finance, an Anaheim, Calif., company that uses its relationships with more than 3,100 dealers to make car loans to consumers in 30 states.

More than 85% of community banks say that their overdraft programs have remained profitable despite rule changes that require banks to receive customers' consent before approving overdrafts on debit transactions.

HUD is seeking comments on a proposed rule that would allow Farm Credit System lenders the ability to make FHA-backed loans. Since Farm Credit is already a GSE, bankers oppose the proposed rule.

First Midwest Bancorp Inc. said Thursday it will acquire about $185 million of deposits and a branch in suburban Chicago from Old National Bancorp.

Shares of Commerce Bancshares Inc. were down sharply midday Thursday after the Kansas City, Mo., company reported earnings that fell short of analysts' estimates and warned that new rules limiting debit-card fees could take a bite out of fourth-quarter profits.

So 10 lawyers and an investment banker got together in a room at AmericanWest … No, it's not a joke. They helped revitalize a troubled bank and now have an award from the Turnaround Management Association to prove it.

Wells Fargo & Co. has bolstered its mergers and acquisitions group with the hiring of two new managing directors.

Bank of the Ozarks Inc. reported income totaling $83.8 million for the nine months that ended Sept. 30, representing an almost 78% increase from the same period in 2010.

TowneBank in Suffolk, Va., is buying a Raleigh, N.C., insurance agency and merging it into its insurance subsidiary.

As credit unions seek to grab a bigger share of deposits, State Employees' CU has become the first credit union to publicly disclose its confidential financial condition as determined by regulators–its CAMEL code.

American Momentum Bank is committed to buying Brazos Valley Bank in College Station, Texas, though it swapped out its application with the Federal Reserve.

ATBancorp in Dubuque has agreed to invest an initial $10 million in United American Bank in San Mateo and will receive warrants to the acquire the bank's 2.5 million shares, at 30 cents each, over the next five years.

Savannah Bancorp Inc. in Georgia said earlier this week that its bank had entered into a written agreement with the Office of the Comptroller of the Currency that reflects an "elevated level" of classified assets.

ECB Bancorp Inc. in Engelhard, N.C., said Thursday that its shareholders had approved several proposals that were needed for the company's $80 million private placement.

WASHINGTON — Credit unions appear to be facing an uphill battle in their ongoing effort to pass legislation that would double their cap on business lending.

PayPal is putting itself at nearly every possible point of a consumer's banking relationship – from account-opening to payments and even reward-redemption – through a series of new partnerships.