BB&T (BBT) in Winston-Salem, N.C., said Tuesday that it has completed its acquisition of BankAtlantic in Fort Lauderdale, Fla., after it received final approvals from the Federal Reserve Board and the Federal Deposit Insurance Corp.

Asset Acceptance Capital Corp., a Warren, Mich.-based debt buyer, posted a better-than-expected quarterly profit for the second quarter ended June 30, helped by growth in cash collections, the company announced Monday.

A breakdown of M&A announcements for the week ended July 28.

A number of banking company closed branches during the second quarter, and even more have announced plans to follow suit. Over the past 12 months, there was a net loss of about 770 branch offices nationwide as banks aim to cut costs in the face of depressed interest rates and low loan demand.

State Bank Financial's (STBZ) second-quarter earnings nearly doubled what it reported a quarter earlier as the serial acquirer's organic growth outpaced growth from acquisitions.

Apple Inc., maker of the iPad and iPhone, agreed to acquire AuthenTec Inc. for about $350 million, gaining fingerprint-authentication technology.

Regulators in Georgia closed the $217 million-asset Jasper Banking, which became the industry's 39th bank to fail this year.

ALEXANDRIA, Va. — NCUA said this afternoon it has taken over Trinity CU, a troubled $4 million credit union in Trinidad, Colo.

Some sellers are asking for a lot and buyers have to be careful in vetting targets, but deal activity should increase given the economic pressures and the number of talks going on behind the scenes, some community bank CEOs say.

Gideon King, president of Loeb Capital Management, threatened to buy more stock in First California and clean house in the boardroom and executive suite to facilitate a sale to PacWest or another buyer.

The Community Bank, a struggling mutual thrift in Massachusetts, has given up its bid to stay independent and will instead merge with Eastern Bank, the state's largest financial institution.

JPMorgan Chase (JPM) shuffled some of its high-ranking executives and streamlined its investment and retail banking operations Friday.

First Niagara Financial Group swung to a loss in the second quarter on costs tied to its acquisition of retail branches from HSBC Bank.

Legal Helpers Debt Resolution LLC, a Chicago-based law firm specializing in consumer debt settlement that was sued last year by Illinois Attorney General Lisa Madigan, will wind down its business nationally, according to the company's general counsel.

Iberiabank is among a handful of serial buyers of banks shuttering branches and taking other steps to lower expenses and raise earnings.

The Federal Deposit Insurance Corp. urged bank CEOs to watch out for middlemen seeking upfront fees to connect them with capital because, it says, many are frauds. The alert should have come sooner, some industry officials say.

Promising acquisition prospects in the New York area prompted Investors Bancorp to tweak the New Jersey company's initial westward-focused growth plan, CEO Kevin Cummings says.

Iberiabank plans to close underperforming branches and trim elsewhere after acquisition-related costs rose in the second quarter, executives said Thursday.

Investors Bancorp offered depositors of Marathon Bank the prospect of participating in its second-step conversion from a mutual thrift, Investors CEO Kevin Cummings says.

Investors, which recently agreed to buy Marathon Bank, reported gains in the second quarter from its Brooklyn Federal acquisition and lending.