Hilary Burns

The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.

The company, which has been actively curbing growth to avoid becoming a systemically important financial institution, reported lower loan balances and reduced fee income after exiting the residential wholesale mortgage business.

The bank said it plans to use proceeds from the placement to expand its operations.

Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business.

The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.

Meta Financial expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York.

Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C.

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.

The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion asset threshold.

The Illinois company reported strong loan growth, an wider net interest margin and a one-time net tax benefit of nearly $8 million tied to recently passed tax reform.

MSD Capital, which manages the assets of Michael Dell, and Endicott Management will pay $141 million for a 15% stake in the U.S. unit of Israel's Bank Leumi.

The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate.

The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions.

The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio.

Kevin Fitzsimmons, who had recently covered banks for Hovde Group, will become FIG Partners' deputy director of research.

Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years.

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes.

Calling the move "depressing," Chairman Ken LaRoe said the decision to stop working with medical marijuana firms came after certain investors objected. Recent moves by the federal government cemented the call.

A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers.