The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

Virginia Partners will operate as a separate bank unit after the deal closes.

The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most of the closures will take place in Pennsylvania.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.

Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.

The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits.

CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

The Financial Accounting Standards Board is requiring all companies to record leases for property and equipment on their balance sheets. Here’s how that revision could affect banks’ loan decisions — and their own capital ratios.

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.

On Sep. 30, 2018. Dollars in thousands.

On Sep. 30, 2018. Dollars in thousands.

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

The regulatory agencies are the last word on an exemption from the proprietary trading ban, and there are no signs they will expand it beyond small institutions.

The New Jersey bank is offering fintechs ways to stay compliant with consumer protection regulations.

The New Jersey company terminated an acquisition after being hit with the order in 2016.