Bexil American Mortgage said Thursday it has completed its purchase of Castle Mortgage Corp. in Vestavia Hills, Ala.

North Jersey Community Bancorp has taken on a new identity.

Enterprise Financial in St. Louis, Mo., has fully exited the Troubled Asset Relief Program.

Severn Bank & Trust in Annapolis, Md., has turned to a 35-year banking veteran to be its chief lending officer.

The Federal Reserve Board has lifted a memorandum of understanding against First M&F (FMFC) in Kosciusko, Miss.

Warren Buffett said the nation's lenders have rebuilt capital to the point where they no longer pose a threat to the economy.

Too often, branch employees simply manage a transaction, when they should be focused on engaging or educating the customer to make a lasting impression.

Citigroup head Michael Corbat reorganized the bank's top ranks this week, after taking over in October. Here are 13 of the other executives affected.

Securities regulators have charged three executives of a failed bank in Virginia with deceiving investors about the health of its loan portfolio at the apex of the financial crisis.

JPMorgan Chase (JPM) will pay nearly one-fifth of the total cost of the settlement reached this week between regulators and 10 of the nation's biggest lenders.

Hanmi Financial (HAFC) has hired an investment bank to help it explore options that could include the sale of the Korean-American bank.

Hanmi Financial Corp. (HAFC), the second-largest U.S. bank catering to Korean-Americans, is looking for a buyer and hired DelMorgan & Co. to advise on a sale, said three people with knowledge of the matter.

Intermountain Community Bancorp (IMCB) of Sandpoint, Idaho, is now trading on Nasdaq.

Accounting-related gains are dwindling for many acquirers of failed or troubled banks. Their alternatives include cutting costs — or buying again.

Center Bancorp hopes it can get business referrals from the partnership, providing more evidence that banks are getting creative to generate revenue.

PNC said in a SEC filing Wednesday that it will record nearly $500 million in charges in the fourth quarter, more than half of which are related to its repurchase of troubled mortgage loans it had previously sold to Fannie Mae and Freddie Mac.

A neighborhood association wants regulators to stop the company and CEO John Kanas from expanding in New York.

Giving regulators more levers to pull and buttons to push with respect to the financial system only creates a false sense of security. The new regulatory powers come with few meaningful accountability checks.

FirstMerit (FMER) of Akron, Ohio, has chosen a veteran banker in the upper Midwest to manage its newly acquired business in Michigan.

ERIE, Penn. – Erie FCU won the bidding today to acquire Glenwood Elementary School, shuttered by city officials in a cost-cutting move last year, for a potential new headquarters and branch.