Colin Wilhelm

Bank of America has settled a national class-action lawsuit brought by former employees who claimed they weren't paid for overtime work.

First Banks in St. Louis has promoted an executive to chief operating officer and has made two additional promotions.

Tri-Valley Bank in San Ramon, Calif., plans to raise $1.35 million in a private placement of its common stock.

Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

Customer loyalty provider Clutch has forged an agreement with POS on Cloud, a point of sale software company, to provide restaurant and retail gift card, loyalty, and customer intelligence for businesses.

What appears to be an internal employee notice at McDonald's may signal Android Pay's launch later this week, the blog Android Police reported over the weekend.

Total System Services (TSYS) has launched a new data analytics tool called TSYS Analytics Intellisuite, which will feature dashboards for real-time data monitoring and analysis of consumer portfolios.

Blue Valley Ban Corp. in Overland Park, Kan., has named an executive from a large investor in the company to its board.

JPMorgan Chase has named retired Army Gen. Raymond Odierno senior adviser to the company on international relations, cybersecurity, leadership development and other issues.

Horicon Bank in Horicon, Wis., has agreed to acquire a branch in Fond du Lac, Wis., from Baraboo National Bank.