Colin Wilhelm

Navy Federal Credit Union closed over $1 billion worth of mortgages in March, and $2.5 billion year-to-date.

Bryn Mawr Bank in Bryn Mawr, Pa., has bought Robert J. McAllister Agency. The $2.2 billion-asset company did not say what it paid for the Philadelphia-area insurance and risk management agency.

Jacob Dienelt, a former financial adviser at Morgan Stanley, has joined Factom, a cryptocurrency tech startup, as its head treasurer.

Boss Tech Support, a remote tech support provider, has adopted California's MyECheck services for its own electronic check deposit needs, in conjunction with SunTrust Bank.

DNB Financial in Downington, Pa., has formed a business banking services division.

HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.

BOK Financial in Tulsa, Okla., has named its new chief credit officer.

Encryption still vastly outpaces tokenization as a means of defending data in the cloud, according to a new report from a cloud data cybersecurity firm, CipherCloud.

San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.

Union Bank of Switzerland (UBS) has joined the ranks of cryptocurrency enthusiasts.

Banc of California in Irvine has begun two securities offerings, one of which aims to raise $175 million.

The Federal Financial Institutions Examination Council issued two warnings today against cyberattacks on financial institutions and suggested ways banks can prepare for new onslaughts.

Community Trust Bank in Ruston, La., has bought four branches in Houston from Hancock Holding in Gulfport, Miss.

Four Oaks Fincorp has added a pair of directors with close ties to the Four Oaks, N.C., company.

Foundation Bancorp in Bellevue, Wash., has sold $15 million of convertible preferred stock in a private offering.

A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward.

A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward.

The Securities and Exchange Commission just gave unregistered banks a way to quickly raise capital at a fortuitous time — and marketplace lending platforms a way to reclaim their peer-to-peer roots.

Lending analytics firm Orchard Platform has cut a deal with alternative small-business lender Kabbage to allow institutions to invest in the latter's relatively new line of consumer loans.

Southern Missouri Bancorp in Poplar Bluff has filed to sell $20 million in preferred stock it issued to the Treasury Department as part of the Small Business Lending Fund.