Jacob Passy

Apple Pay has gone Down Under, reaching its fourth country since its 2014 launch in the U.S.

Private-equity investors in Opus Bank in Irvine, Calif., are cashing in some of their chips.

Farmers Capital Bank in Frankfort, Ky., has hired a business lawyer as chief operating officer.

Apple Pay has come to its third market, Canada, following a 2014 debut in the U.S. and a mid-2015 expansion to the U.K.

City Holding in Charleston, W.Va., will be looking to name a new chairman, after Philip McLaughlin said he will resign at the end of the year.

Though lending is still where much of a CU’s income comes from, and CUs have seen 18 straight quarters of loan growth, CUs are seeing weaker profits, according to SNL Financial.

Huntington Bancshares in Columbus, Ohio, has agreed to sell its fund-servicing business, Huntington Asset Services, to Ultimus Fund Solutions, a provider of back-office and other services for small and midsize advisers.

Calvin B. Taylor Bankshares in Berlin, Md., has named professionals from the hospitality and accounting industries to its board.

BankUnited expects to receive about $393 million in proceeds from the offering. It plans to use the proceeds for general corporate purposes, including investments in and advances to its bank subsidiary.

Czech bank Komercni Banka has tapped Spire Payments to roll out more than 6,000 point-of-sale devices for the bank in its home country.