Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.

The $24 million Landmark CU lost more than $1 million in 2016.

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis

Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.

The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.

Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand.

Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.

Merger will give PenFed a retail presence in the competitive San Diego marketplace.

The failure of Seaway Bank, once the nation's biggest black-owned bank, cost the FDIC $57.2 million.

Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation.

Prepaid-card provider Green Dot Corp. is in talks to buy UniRush, a smaller competitor co-founded by Russell Simmons, the music industry entrepreneur behind rap label Def Jam, according to people familiar with the matter.

The merger will create a bank with more than $4 billion in assets.

The New York company may struggle with profitability as it decides whether to find a new buyer.

TD Bank's consumer chief Michael Rhodes explains what service means in the digital age, why stress-testing is a good thing and why the bank is in no rush to make another acquisition.

Wall Street women on what the Women's March meant to them; UBS implementing a more female-friendly approach to wealth management; Beth Mooney outlines post-merger ambitions; and more.

The $8 million credit union’s single office will become a branch

The Lake Success, N.Y., company’s bottom line fell 15% on lower net interest income, though its expenses shrank and fee income rose.

The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done.

Many banks are weighed down with orders tied to the Bank Secrecy Act and anti-money-laundering laws. Others are dealing with low Community Reinvestment Act ratings. Bank M&A and branching are typically off the table until such issues are addressed, but that doesn't mean all growth opportunities are gone. Here are some ways constrained banks might be able to add revenue while working through their regulatory challenges.

Acquisition pushes quarterly revenues past $1 billion for first time ever.