Industry observers are hopeful that CEOs will use quarterly conference calls to outline plans to aggressively unload bad assets in coming months.

Bank of America and the National Credit Union Administration reached a $165 million accord to cover losses on purchases of residential mortgage- backed securities by credit unions that failed, the agency said.

CorTrust Bank in Mitchell, S.D., recently bought a bank near Minneapolis and plans to do more deals there. It, like a lot of community banks, is trying to expand into new markets without repeating the precrisis mistakes that doomed many of its peers.

Regions Bank said Tuesday that roughly 700 of the company's 2,000 automated teller machines now enable customers to cash checks.

Customers Bancorp (CUUU), led by Chairman and Chief Executive Jay Sidhu, has applied with the Federal Reserve Board to open an office at 99 Park Avenue in Manhattan.

GulfShore Bancshares in Tampa, Fla., has raised $6 million by selling stock, intending to use the proceeds to fund its bank's growth and fuel lending to local professionals and businesses.

Craig Linville, vice president in the appraisal department at Bank of North Carolina in High Point, found out the hard way that sometimes a bank can grow too quickly for its own good.

The best sales folks realize rejection isn't a sign they’re bad at their jobs. It's a sign they are actually out there doing their jobs.

Fannie Mae reported the largest annual profit in company history as a housing rebound helped the firm stop drawing federal aid.

The new numbers add to a growing body of evidence suggesting that the U.S. housing sector is slowly rebounding.

Salisbury Bancorp (SAL) in Lakeville, Conn., has found a chief financial officer.

The $558 million-asset company said Monday that it would use proceeds from the sale to retire its senior debt and support its balance sheet.

Howard Bancorp (HBMD) in Ellicott City, Md., is buying a branch from Cecil Bancorp (CECB) in Elkton, Md.

The U.S. government is resisting an effort by Standard & Poor's to move to the federal level a string of lawsuits by states that charge the ratings agency with misleading investors.

Visa Inc.'s John Partridge, who retired as president of the world's largest payments network in March, will receive a base salary of $50,000 a month to remain with the company and work on special projects.

Fewer bank deals were struck in the first quarter compared with a year earlier and the fourth quarter, despite increasing optimism about consolidation and the economy.

A unit of EverBank Financial (EVER) has sold more than $300 million in mortgage-backed securities.

The Federal Deposit Insurance Corp. took enforcement actions against four banks last month tied to inadequate capital, compliance shortcomings and other matters, according to a series of orders released Friday.

First BanCorp (FBP) in San Juan, Puerto Rico, is raising $201 million through three separate sales of commercial loans.

First Citizens BancShares (FCNCA) in Raleigh, N.C., has named a former Royal Bank of Canada (RY) executive to be its chief financial officer.