Ted Peters likes to build things and he does not like retirement. The veteran banker will soon solicit outside investors for a fund that he hopes will amass $100 million to pump into promising community banks.

City Holding in Charleston, W. Va., has sold its insurance division to The Hilb Group, a broker based in Richmond, Va.

Customers affected by cyberattacks frequently direct their wrath at financial institutions, whether or not a bank is responsible for the breach. Therefore banks need to have a strategic communications strategy in place.

Doral Financial continues to go back and forth with the Federal Deposit Insurance Corp. over the San Juan, Puerto Rico, company's capital restoration plan.

Malvern Bancorp in Paoli, Pa., has entered a partnership with Bell Rock Capital in Delaware to offer wealth management services.

Central Valley Community Bank in Fresno, Calif., plans to report a fourth-quarter loss because of a hefty chargeoff of commercial loans.

Nationwide the number of bank branches fell by about 1.7% last year. But some cities and states were hit harder than others, according to data from the Federal Deposit Insurance Corp. and research firm BankRegData.

National Commerce in Birmingham, Ala., is looking to raise $50 million through an initial public offering.

Huntington Bancshares in Columbus, Ohio, has sold an office in the city to Telhio Credit Union for $2.5 million.

By targeting construction lending, 1st Financial Bank USA aims to expand beyond its hefty concentration in credit card loans while entering a business segment that has shrunk mightily since the financial crisis.

The company said in a press release Thursday that it redeemed preferred shares worth $76.46 million that were issued under the program to the Treasury Department.

Gov. Scott Walker of Wisconsin addressed speculation about a possible presidential bid during a speech to the Wisconsin Bankers Association.

Allan Landon, the White House's pick to fill a vacancy on the Federal Reserve Board, likely faces some challenges ahead during the nomination process, including skepticism over whether he's really a community banker and about a particular transaction a decade ago.

Potential buyers have long been wary of high premiums and the potential for volatility in the energy sector. A harsh correction in oil prices and Texas bank pricing has suddenly given those banks a chance to revisit their views.

Guaranty Bancshares in Mount Pleasant, Texas, has agreed to buy DCB Financial in Dallas.

Security First Bank in Fresno, Calif., has a new president.

Home BancShares in Conway, Ark., has named a new chief for its banking unit.

An index of late-payment rates hit a record low in the third quarter, as consumer spent less to fill their gas tanks.

The $8.9 billion-asset company said in a statement provided to American Banker on Wednesday that it plans to use the capital to support future growth.

Leaders of smaller banks optimistic about the growth prospects of small-business loans in 2015, but they are equally worried about increased competition from larger banks, nonbanks and credit unions.