Southern Missouri Bancorp in Poplar Bluff, Mo., has agreed to buy Ozarks Legacy Community Financial in Thayer, Mo.

MARLBOROUGH, Mass. – St. Mary’s CU is promoting its soon-to-be-opened new Westborough branch with a scavenger hunt and a $500 prize.

Flagstar Bancorp (FBC) will pay $105 million to settle allegations it misrepresented the quality of loans backing securities insured by Assured Guaranty (AGO).

A former bank executive in Georgia has pleaded guilty to charges of defrauding a bank that had received funds from the Troubled Asset Relief Program.

A new Texas law addresses concerns that community banks will suffer if big-box retailers and large banks begin to team up on pricing.

Two American Banker staffers who cover mergers and acquisitions have a confession to make. We sometimes get so enmeshed in the arcane numbers behind bank deals that we overlook what really makes them tick: the human element.

WASHINGTON — Republican lawmakers are calling on the Consumer Financial Protection Bureau to explain its rationale behind new fair lending guidelines for auto lenders.

Snapchat, a once-popular app among high school students, has captured the attention of privacy-savvy Wall Street financers hoping to keep their late-night escapades quiet.

The chief executive and three directors of Atlantic Coast Financial (ACFC) are leaving the company after shareholders rejected a proposed sale to Bond Street Holdings earlier this month.

As part of the heavy competition in New York, BankUnited CEO John Kanas has swiped a number of bankers away from rivals, including Capital One and Signature Bank. Most worked for him at the old North Fork Bank.

Do mortgage servicing layoffs at JPMorgan Chase indicate there's a light at the end of the tunnel for the mortgage crisis?

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Reliance Bancshares in St. Louis has named a new chief executive for its bank unit.

California Republic Bancorp in Irvine has securitized and sold $238 million of notes backed by its car loans.

The NCUA has approved the mergers of several struggling credit unions, including four more in California.

F&M Bank Corp. (FMBM) in Timberville, Va., has named new chief financial and administrative officers at its bank unit as part of a series of promotions.

The business credit card sector, which was on life support near the end of the recession, appears to be strengthening.

First PacTrust Bancorp (BANC) in Irvine, Calif., is planning to raise about $46 million through a sale of common stock.

The Onion, a satirical news site, reported that chief executives from the largest financial institutions "are just about ready to completely destroy the world again."

The Federal Trade Commission added eight new defendants to a credit card rate reduction case brought last year - including a payment processor that allegedly helped with the fraud.