Independent Bank Group (IBTX) in McKinney, Texas, plans to file a shelf registration that would allow it to sell up to $250 million in debt and equity securities.

They look great on paper, but mergers of equals are always difficult to integrate due to cultural issues. United Financial in Glastonbury, Conn., is learning that lesson with Jeff Sullivan's departure less than six weeks after the company's merger with Rockville Financial.

CU Bancorp (CUNB) in Encino, Calif., has agreed to buy 1st Enterprise Bank (FENB) in Los Angeles.

Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy Houston City Bancshares.

First BanCorp (FBP) in San Juan, Puerto Rico, has resolved a large outstanding loan to Doral Financial (DRL) by taking on $242 million on mortgages that were used as collateral for the loan.

A key member of United Financial Bancorp's management team has departed a month after the company's merger with Rockville Financial.

Downs, Kan., has had two locally based banks for many years, according to the Federal Deposit Insurance Corp.'s website. One dates to 1892, and the other to 1919.

A group of investment firms has forced American Bancorp. into liquidation over unpaid trust-preferred debt. Creditors have threatened to go this route before but this is the first time any have followed through, serving as an ominous precedent for the up to 300 banks in danger of defaulting on the hybrid securities.

Mercantile Bank (MBWM) in Grand Rapids, Mich., has finally completed its acquisition of Firstbank (FBMI) in Alma, Mich.

Deposits and assets have fallen, and some customers and employees have fled, while Hudson City in Paramus, N.J., has been stuck in an M&A limbo. But the situation might save buyer M&T Bank some headaches later — if it can just close the deal.

SunTrust Banks (STI) finalized the sale of its asset management unit RidgeWorth Investments on Monday for $265 million.

A breakdown of M&A announcements in the financial services industry for the week ended May 31.

The Seminole Tribe of Florida is reportedly seeking approval to form a bank and buy Valley Bank in Fort Lauderdale, Fla.

NBT Bancorp in Norwich, N.Y., has prepaid about $165 million in Federal Home Loan Bank borrowings.

The Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.

The emergence of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher operating costs and limited revenue opportunities could also force more consolidation in the state.

Independent Bank Group (IBTX) in McKinney, Texas, is reportedly in talks to buy Houston Community Bank.

First Savings Bank of Perkasie in Pennsylvania has acquired investment advisor Longview Capital Management in Wilmington, Del.

Eastern Virginia Bankshares (EVBS) said Thursday that it has agreed to acquire Virginia Company Bank (VGNA) for $9.2 million in stock and cash.

Check's technology, with Intuit's marketing budget behind it, could shape consumers' expectations of bill pay through their financial institutions and inspire entrepreneurs to cook up similar software to disintermediate banks.