Joseph Kellard

MB Bancorp in Forest Hill, Md., has lined up a new chief executive.

City National Bank in Los Angeles has launched a national business to focus on the food and beverage industries.

Revere Bank in Laurel, Md., has raised $31 million in a subordinated debt offering that it plans to use for M&A and other purposes.

Mercantile Bank Corp. in Grand Rapids, Mich., announced several promotions that underscore a heightened focus on loan growth.

The $234 million-asset bank said in a recent press release that Thomas Duryea had succeeded its founder, Shirley Nelson.

Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.

Freedom 1st Credit Union in Dayton, Ohio, has selected COCC as its new core processing system.

First Internet Bancorp in Fishers, Ind., has issued $25 million in subordinated debt and intends to use the proceeds to support its rapid growth and perhaps for future acquisitions.

CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.

NCUA Chairman Rick Metsger has proposed changing the name of NCUA's Office of Consumer Protection to the Office of Consumer Financial Protection and Access.