Mutual holding companies now must explain why they want to waive dividends from their thrifts. Observers fear the rule could repel prospective investors.

WSFS Financial Corp. in Wilmington, Del., has named a former executive at rival Wilmington Trust Corp. to a key management position.

A small mutual thrift in Maryland has won approval from state and federal regulators to convert to a publicly traded company.

Regulators closed banks in Florida, Georgia and Illinois Friday, all in places were many banks have already met their demise. On Thursday, a bank failed in Pennsylvania, one of just a handful to fail in that state in the last few years.

With wild swings in the stock market, negotiations over protections form big changes in the stock values of buyers and sellers are bogging down an already slow deals market.

The Office of the Comptroller of the Currency closed Lydian Private Bank in Palm Beach, Fla., on Friday. The $1.7 billion-asset bank is the 10th bank to fail in Florida this year.

Modern Woodmen Bank, a relatively small direct bank, had to build and maintain a website that delivers more than what its two tech staffers could handle alone.

B of A's plans to cut 3,500 jobs — and perhaps more — are the tip of the iceberg for the entire industry. Expenses are too high and revenues too low for most banks to avoid layoffs.

Dearborn Bancorp in Michigan may need to restate its earnings for the quarter that ended June 30 pending the results of its latest examination by the Federal Deposit Insurance Corp.

To survive, capital-starved Community Banks of Colorado has struck a deal to sell 16 branches as well as its name.

While coaching is important, it would appear that “leading by example” is significantly more important.

In a rare Thursday failure, regulators shut a small Pennsylvania bank that serves the Orthodox Jewish community.

Great Southern Bancorp Inc. of Springfield, Mo., has received $57.9 million from the Treasury Department's Small Business Lending Fund and will use the proceeds to exit the Troubled Asset Relief Program.

The banking crisis in Georgia has spread to the state capital, as several lawmakers, including the governor, have personal ties to some of the state’s failed banks.

Meridian Bank is finally making money again after three years of heavy losses.

Hampton Roads Bankshares Inc. in Norfolk, Va., announced Thursday that its president and chief executive officer, John A.B. "Andy" Davies has resigned to return to his management consulting practice.

Under pressure from its largest shareholder to beef up its capital base, Polonia Bancorp in Huntingdon Valley, Pa., has announced that it is planning to become a 100% stock-owned company.

WASHINGTON — Lending to small businesses in the U.S. declined last year as the economy struggled to recover from recession and access to credit only started to show signs of improvement, regulators said Thursday.

Former top executives at LaSalle Bank are looking to start a bank that would acquire the assets and deposits of failed banks in and around Chicago.

Ladenburg Thalmann Financial Services Inc., the Miami-based investment bank and brokerage, said Wednesday that it has agreed to buy Securities America Inc. from Ameriprise Financial Inc. for at least $150 million to add 1,700 financial advisors.