Joseph Kellard

OneUnited Bank, a minority-owned institution in Boston, will close two branches in California, or about a quarter of its total branch network.

The $973 million-asset bank will build one of its first stand-alone branches this year in Fairway, Kan., in the metro Kansas City area. Most of Academy's 88 branches are located inside Walmart stores.

Community Bank in Pasadena, Calif., has promoted from within to fill the positions of president and chief banking officer.

The Credit Union National Association has released a new Financial Flash entitled “Concentration Risk: Guidance on Policy and Metrics.”

Xceed Financial Credit Union will transition its in-house DNA account processing to a Fiserv-hosted data center to expand its strategic opportunities and focus on members.

SAN DIEGO — Stan Abrams is stepping down as president and chief executive of San Diego Metropolitan Credit Union next year.

First-quarter profit improved at Commerce Bancshares in Kansas City, Mo., as commercial-and-industrial loans increased.

Profits soared at Bank of the Ozarks in Little Rock, Ark., thanks primarily to its expanding loan portfolio.

The number of seriously delinquent mortgages reached its lowest level in over eight years, helped by new job creation and higher wages, according to CoreLogic.

AOC Solutions in Chantilly, Va., has launched Transact Global, a processing platform exclusively for digital payments among businesses that still rely on manual processing.