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Westamerica Bancorp. is delaying its plan to shutter a small branch in Upper Lake, Calif., to give community leaders more time to convince another bank or credit union to set up shop there.
April 15 -
Boston Private Financial Holdings and its bank have shuffled some key executive posts.
April 15 -
MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said.
April 15
IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.
The $550 million-asset company said in a press release Wednesday that Walter Hasselbring 3rd, its chief operating officer, will succeed Alan Martin. The company said that Martin, who will retire at the end of September, will remain a director.
Martin has served with IF Bancorp and its Iroquois Federal Savings and Loan Association since 1973. He supervised Iroquois Federal's conversion from a mutual to a stock holding company.
Hasselbring joined the company in the late 1970s. He currently oversees Iroquois Federal's daily operations, including risk management.
Selecting Hasselbring "will ensure a smooth transition in senior management and maintain the confidence of investors, business partners, customers and employees," Gary Martin, the company's chairman, said in the release.