The ailing Central Progressive Bank in Lacombe, La., may have found its savior on the other side of Lake Pontchartrain.

Technology Credit Union has applied to NCUA to convert to a mutual savings bank, which, at $1.5 billion, would be the biggest credit union conversion to bank yet.

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Central Federal Corp. in Fairlawn, Ohio, is set to bring in a new chief executive and president after it raises up to $37.5 million.

Under orders from regulators to beef up its capital levels, Legacy Bank of Florida in Boca Raton has raised $2.8 million in new capital and has deals in place in to receive an additional $13.5 million.

The two Pennsylvania banks renegotiated part of their deal, to make it harder for Tower to back out of its sale to Susquehanna. It's another example of volatile stocks complicating bank M&A.

State Bank Financial has bought 10 failed banks since 2009, and CEO Joe Evans discusses his outlook for more deals. He also discusses challenges with loan demand, and the long-term outlook for his bank in its core markets of Atlanta and Macon, Ga.

Starbucks Coffee Co. is teaming up with community development lenders to create a nationwide loan fund that would help local businesses, developers, nonprofits and micro-enterprises expand and create jobs.

MOUNTLAKE TERRACE, Wash. – 1st Security Bank of Washington, the ailing one-time credit union known until 2004 as Washington's CU, plans to raise up to $32 million in an initial public offering.

BofI Holding Inc. in San Diego announced Monday that it has changed the name of its federally chartered savings bank from Bank of Internet USA to BofI Federal Bank.

After more than a year without a permanent leader, DCB Financial Corp in Lewis Center, Ohio, has named a former Huntington Bancshares Inc. executive, Ronald J. Seiffert, president and chief executive.

WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.

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Baltimore County Savings Bank in Baltimore said Friday that it had converted from a federally chartered stock savings bank to a Maryland-chartered commercial bank.

A Virginia mortgage lender has agreed to pay $140,000 in compensation and revise its pricing policies to settle a lawsuit alleging that it discriminated against minority borrowers, the Justice Department said Friday.

The Senate Banking Committee is expected to vote next week on the nomination of Richard Corday to be the first director of the Consumer Financial Protection Bureau.

Codorus Valley Bancorp in York, Pa., repurchased a warrant to buy more than 260,000 it issued to the Treasury Department in 2009 as part of its participation in the Trouble Asset Relief Program.

Banco Santander SA Chairman Emilio Botin on Friday declared a moratorium on big acquisitions.

Summit Financial Group Inc. in Moorefield, W. Va., said Thursday that it would extend the subscription period for its current stock offering, marking the second time it has pushed back the deadline.

The Durbin Amendment on debit interchange has been cited as reason for banks to shutter branches. Still, some observers believe it is one of many factors, if not the scapegoat, for closures that were necessary regardless of regulatory change.