WSFS Bank has teamed up with ZenBanx, a fintech startup founded by a pioneer of direct banking, Arkadi Kuhlmann. WSFS will be the first in the U.S. to power a mobile account that lets users park money in up to five currencies and send remittances. The partnership is the latest example of a traditional bank trying to inject innovation into its culture.

An investment bank cautioned Bank of the Ozarks that its target, Bank of the Carolinas, was in talks with another suitor and "did not wish to jeopardize that transaction," a filing disclosed. The Arkansas acquirer pushed on and ended up walking away with the deal less than two months later.

American Banker dug into its archives for photos of some of the most influential banking figures of the 20th century, from the regulators who managed the 1980s savings-and-loan crisis to the visionaries who created the modern megabank. Hungry for more? Check out our previous slideshow, "Blasts from America's Banking Past."

First United in Oakland, Md., has promoted Tonya Sturm to chief financial officer.

Community bankers are up in arms after one of the largest core processors told institutions it will likely raise costs because of a data collection effort undertaken by the Consumer Financial Protection Bureau.

Bay Banks of Virginia in Kilmarnock has issued $7 million in subordinated debt.

Washington Trust Bancorp in Westerly, R.I., has agreed to buy Halsey Associates, an investment advisory firm in New Haven, Conn.

Deals are still getting done in California, even though water issues continue to plague the state's economy. Still, buyers are finding themselves conducting more extensive due diligence to vet the markets and loan concentrations of targets.

After a "landmark" first-quarter driven by mortgage origination gains, Flagstar Bancorp is counting on mortgage servicing and community banking to spur future growth.

Pacific Commerce Bank in Los Angeles has promoted Gail Jensen-Bigknife to chief credit officer.

First Resource Bank in Exton, Pa., plans to raise $6 million through a combination of common stock and subordinated debt to raise funds to redeem most of its Small Business Lending Fund preferred shares.

Freedom Bank in Overland Park, Kan., has hired Drew Gibson to be its chief financial officer, the Kansas City Business Journal reported Monday.

City National Bank in Los Angeles will provide $350 million in loans to minority- and women-owned small businesses as part of a community lending initiative, it announced Monday.

New Hampshire Thrift Bancshares in Newport has changed its name to Lake Sunapee Bank Group.

Community banks will be able originate and sell jumbo loans with balances as high as $1.5 million under an expansion of a conduit program the Chicago Home Loan Bank has forged with Redwood Trust.

Banks and mortgage lenders are in the final stretch of preparing to deliver new TILA-Respa Integrated Disclosures to homebuyers starting Aug. 1. But it's not just the change of forms that is causing alarm bells. Fines could be steep, and legal liability could be even higher, for violators, while necessary technological changes are expensive, they say.

Newly elected Rep. French Hill knows firsthand what it's like to lead a bank through a crisis and implement the sometimes complex rules of Dodd-Frank. That knowledge may prove key as he battles to make regulation simpler for small banks.

The $3.2 billion-asset company issued the notes, due 2030, on Friday on behalf of its Fidelity Bank subsidiary.

A Tennessee community bank investor has acquired a majority stake in AB&T Financial in Gastonia, N.C.

City Holding in Charleston, W.Va., has agreed to buy three branches in Kentucky from American Founders Bank in Lexington.