Joseph Kellard

Raul G. Valdes-Fauli, president and chief executive of Professional Bank in Coral Gables, Fla., has died.

Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.

Hilltop Holdings in Dallas has promoted Alan White to share the chief executive role with Jeremy Ford.

BankUnited in Miami Lakes, Fla., has named Citigroup technology veteran Julio Jogaib as its chief information officer.

Cambridge Bancorp in Massachusetts has recruited two finance executives to spearhead its new asset-based lending practice.

The $222 billion-asset company has not yet publicly stated the number of branches or markets to be affected, but it "would be closing and consolidating some branches in early December," BB&T spokesman David White on Monday.

Customers Bancorp in Wyomissing, Pa., is seeking to raise as much as $133.5 million through two avenues: a newly announced preferred stock offering and previously announced secondary sales of common stock.

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

F.N.B. Corp. in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

Glen Burnie Bancorp in Glen Burnie, Md., has decided it can do without a chief operating officer.