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.

Most banks are interchangeable in the eyes of the average consumer. But a recent survey finds that mission-oriented banks distinguish themselves with greater employee diversity and a stronger commitment to lending in low- and moderate-income communities.

The South Carolina bank has been shedding assets in recent months after suffering millions of dollars in losses in recent years. The bank ousted its management team last year due to poor financial performance and conflicts with investors.

Banks need to keep a lid on personnel-related expenses. But many of them are missing out on opportunities to dig deeper into the data and determine the appropriate hours and staffing for their retail locations.