Home Federal Savings and Loan Association of Collinsville in Illinois is planning to raise at least $7.5 million as part of its conversion from a mutual to a stock-owned company.

Lola Hart, who oversaw the liquidation of the controversial CertusBank in South Carolina, has been hired as the chief accounting officer of Entegra Financial in Franklin, N.C.

Corsair Capital has sold its entire stake in United Community Banks in Blairsville, Ga.

A handful of banking companies wrapped up M&A deals over the weekend.

Amalgamated Bank in New York has started offering down payment insurance to homebuyers in a move it hopes will set it apart with highly mobile millennial borrowers.

The $3.6 billion-asset Mechanics said in a press release last week that it will pay $37.19 a share for the $1.8 billion-asset California Republic.

Comerica, the business bank facing investor pressure to sell, ruled out formally putting itself on the block after discussing its strategic options in March with financial advisers, according to people familiar with the matter.

Old National Bancorp in Evansville, Ind., will exit the insurance business after selling those operations to Prime Risk Partners.

When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year.

Royal Bank of Canada named Jefferies Group's Michael Armstrong as head of its U.S. wealth-management business.

Green Bancorp's surprise decision to purge all of its oil credits comes at a time when other banks have been gradually paring back exposure.

A group of employees recently formed an organization designed to help the North Carolina company increase its appeal with Asian workers and customers.

With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.

Central Valley Community Bancorp in Fresno, Calif., has agreed to buy the $156 million-asset Sierra Vista Bank in Folsom, Calif., for $24 million, or $5.22 a share, in cash and stock.

KeyCorp will sell 18 branches as part of an agreement with the Justice Department and the Federal Reserve Board to complete its purchase of First Niagara Financial Group.

Green Bancorp in Houston says it has developed a strategic plan to eliminate its energy loan exposure.

CIT's bread-and-butter business — commercial banking — weakened as it embarks on a broader turnaround plan. Soft demand from midsize companies plagued it and other lenders last quarter. Will that problem continue the rest of the year?

Bank of New York Mellon and Northern Trust are charging money market investors more fees after previously cutting them major breaks in the low-rate environment.

No one at Old Fort Banking could afford to buy the large stake being sold by the Ohio bank's majority shareholder. So the employee stock ownership plan stepped in, and now it plans to take full control of Old Fort's holding company.

Royal Credit Union in Eau Claire, Wis., has agreed to buy Capital Bank in St. Paul, Minn., from First Sleepy Eye Bancorp in Sioux Falls, S.D.