Patriot National Bancorp in Stamford, Conn., has appointed one of its director to become its chief executive.

Directors can stay ahead of the curve by visiting the "factory floor," aligning compensation with compliance and requiring explanations when business management fails to self-identify issues.

HARRISBURG, Penn. – Pennsylvania State Employees CU, which is building a huge new headquarters, has put its current offices on the market for $9 million.

American Banker has won three Society of American Business Editors and Writers 2012 Best in Business awards, in the categories of Commentary, Investigative and Explanatory journalism.

JPMorgan Chase on Tuesday convened its top executives to discuss its growth strategies. Expansion will be hard as it cuts 17,000 jobs over two years, wrestles with new regulations and rethinks branching.

Comptroller of the Currency Thomas Curry attempted to dispute the notion that large banks are "too big to jail," telling a group of state attorneys general that his agency can take legal action and level "severe penalties" against an institution.

Bond Street announced Tuesday it would acquire Atlantic Coast Financial for roughly $13 million in cash, but 40% of the consideration is being set aside to handle any potential shareholder suits.

First Financial Northwest (FFNW) in Renton, Wash., has extended a deadline for obtaining regulatory approval for a dissident investor's board nominee.

Oriental Financial Group (OFG) in San Juan, Puerto Rico, hopes a new name will reflect a recent expansion.

A recent court decision held that banks were entitled to the overdraft fees they collected over the years – essentially undermining the insurance companies’ main argument against coverage.

First Scottsdale Bank in Arizona is buying a larger lender in Tucson, the Phoenix Business Journal reported Tuesday.

The Buffalo, N.Y., bank has selected Gino Martocci and two others to run the operations in the New York City region it is scheduled to acquire from Hudson City before midyear.

Though the agency has reported record loan volume in recent years, many lenders and borrowers remain reluctant to use its programs because they view its application process as too cumbersome and its eligibility requirements as too strict.

As more community banks pursue C&I lending, they must focus more on monitoring industry and borrower trends.

Independent ATM deployers worry about further reductions in interchange income, network mandates over accepting EMV cards and the possibility of another surge in lawsuits against them — this time over failing to comply with the Americans with Disabilities Act, according to a recent survey.

Standard Bancshares in Hickory Hills, Ill., has completed a capital raise from private-equity firms and named two directors.

JPMorgan Chase (JPM) is selling off a chunk of its mortgage servicing operation to a Dallas company that specializes in servicing distressed debt.

First Security Group (FSGI) in Chattanooga, Tenn., is poised to raise $90 million from institutional investors.

After a four-year hiatus from M&A, Glacier Bancorp has agreed to buy a Wyoming bank and wants to do several more deals.

The Federal Housing Finance Agency hasn't explained why it stopped Fannie Mae from slashing its hazard insurance costs by hundreds of millions of dollars. The regulator's decision certainly benefits major banks, however, leading critics to cry foul.