Colin Wilhelm

Bank of New York Mellon has agreed to pay $14.8 million to settle Securities and Exchange Commission allegations that it used its internship program to violate the Foreign Corrupt Practices Act.

Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.

The recapitalization will allow City National Bank to continue as a certified Community Development Financial Institution, the bank said.

First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.

Astoria Financial in Lake Success, N.Y., has named a former Citigroup banker a director of business banking.

Foothills Community Bank in Dawsonville, Ga., has named John Lewis interim chief executive.

Information technology firm Infosys and digital payments company Payveris have partnered on a new service for bill payment and money management for credit union and community bank customers.

Empire National Bank in Islandia, N.Y., has named former Commerce Bank president and chief executive Robert Falese to its board.

DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.

Codorus Valley Bancorp in York, Pa., has given Chief Executive Larry Miller the additional title of chairman, after its longtime chair retired.

Payment and identification card company American Banknote (ABnote) and cloud-based payment company MeaWallet are partnering to create an open-loop mobile wallet for ABnote customers.

PetLinx, a New Zealand startup that provides software for pet companies, has contracted Boston-based Cayan (formerly Merchant Warehouse) to provide payments support.

Farmer Mac reported higher second-quarter profit, citing an increase in the value of financial derivatives and hedged assets.

Wells Fargo has hired Allianz veteran Jasmine Jirele to head its trust operations team.

The NASA Federal Credit Union will mix science non-fiction and fiction, providing Star Trek themed credit cards on request to its members.

Ameriana Bancorp in New Castle, Ind., which is being acquired by First Merchants in Muncie, Ind., lowered its second-quarter profit after it discovered the sale required a higher tax payment.

Byron Thompson, chairman of Country Club Bank in Kansas City, Mo., has died.

BankUnited in Miami Lakes, Fla., has promoted Michael McClanahan to the newly created position of Orlando market president.

Lending Club and Funding Circle are among the firms pledging to adhere to a range of self-imposed standards in small-business lending.

SunTrust Banks participated in a drug sting in South Florida in which law enforcement officers and a former bank branch manager may have behaved improperly, according to a story in the Miami Herald.