The $804 million-asset bank will offer as many as 1.45 million shares to the public at $14.25 a share, which could produce as much as $20.7 million.

Cambridge Savings Bank in Massachusetts has hired new chief financial and marketing officers.

A prominent group of policymakers from across the political spectrum has unveiled a detailed proposal to reform the mortgage finance system that includes many common elements found in pending Senate legislation.

The Federal Housing Finance Agency has hired a force-placed insurance industry lobbyist to simultaneously advise the government on the same issues. Is the move is indicative of a federal housing regulatory regime that's been coopted by the regulated?

Heritage Commerce (HTBK) in San Jose, Calif., has teamed with a Bay Area nonprofit group to help low-income entrepreneurs secure startup capital.

Fulton Financial (FULT) in Lancaster, Pa., is extending a share repurchase program by three months.

A number of recent deals in the state could spur more Virginia banks to buy or sell. However, big out-of-state buyers are unlikely to get involved because there are few large targets left.

Contradictory regulations, such as the CFPB's QM standards and HUD's new fair lending rules, inhibit banks’ ability to devote resources to their businesses.

Deutsche Bank reached a settlement with the city of Los Angeles to resolve a lawsuit claiming the bank acted like a "slumlord" and let foreclosed homes in low-income neighborhoods fall into disrepair.

The big five servicers technically passed the first test of their compliance with the $25 billion national mortgage settlement, but four of them failed to meet at least one requirement and the settlement's monitor received nearly 60,000 complaints.

The Consumer Financial Protection Bureau is spending too much on top officials' salaries, travel and a planned office renovation, Republicans said during a House Financial Services subcommittee hearing on Tuesday.

Taylor Capital Group (TAYC) in Chicago has hired David Drury, a General Electric Capital executive, to head sales and capital markets for its equipment-finance unit.

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, is asking for an investigation into claims that Bank of America purposefully delayed borrowers from entering the Home Affordable Modification Program.

Think you have time to wait to get in the M&A game? Think again, says Lynn Fuller of Heartland Financial in Iowa, who sees the next two years as the time to bulk up his multistate bank before prices soar.

Lawmakers and industry officials continue to issue warnings about the impact of the Consumer Financial Protection Bureau's ability-to-pay rule, despite recent efforts by the agency to amend certain provisions to assuage some industry concerns.

People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.

The OCC's third risk report cited put cybersecurity as the second biggest worry for bankers, right after struggles to maintain revenue.

Former collection agency executive Patrick Pinto pleaded guilty Tuesday to one count of conspiring to commit bank bribery while he was an executive of Oxford Collection Agency, according to Deirdre M. Daly, Acting U.S. Attorney for the District of Connecticut.

Intervest Bancshares bid successfully for some of its own shares in a recent Treasury Department auction.

Credit card chargeoff rates declined in May, defying the usual seasonal pattern. Loan growth remains elusive.