Joseph Kellard

SouthCrest Financial Group in Woodstock, Ga., has found a new leader after his predecessor departed eight months ago.

The $7.5 billion-asset company said in a press release Thursday that Curtis Glovier had become chairman and chief executive of Pensco Trust Co.

The Bancorp has named Hugh McFadden its chief operating officer, replacing an executive who had joined the Wilmington, Del., company just 16 months earlier.

Altura Credit Union, Riverside, Calif., reported higher yearly second-quarter net income, although profits took a dip from the previous quarter.

Eight credit unions with branches in six states have partnered with myCUmortgage to provide mortgage products and services for their members.

Community Bank of the Chesapeake in Waldorf, Md., has handed its chief risk officer some serious additional duties. James Burke became president of the $1.2 billion-asset bank on July 28; he will remain risk chief and an executive vice president, also.

First Hawaiian Bank in Honolulu expects to raise up to $558 million in an initial public offering after its parent BNP Paribas Group decided to spin off the unit rather than sell it.

Meridian Trust Federal Credit Union in Cheyenne, Wyo., will migrate to EASE, an outsourced delivery model of the Symitar Episys core platform.

The Oak Ridge, Tenn.-based credit union is celebrating reaching the $1 billion asset mark.

Some branch deals come with added value. A case in point is the $2 billion-asset Old Second Bancorp's agreement to buy a branch in Chicago from Talmer Bancorp in Troy, Mich. in a deal that includes deposits, assets and a vice chairman.

Chemung Financial in Elmira, N.Y., is calling for a do-over less than two weeks after releasing its second-quarter results.

A BB&T unit that finances power equipment has a new president.

Old National in Evansville, Ind., reported higher quarterly profit due to securities gains and loan growth tied to its purchase of Anchor BanCorp Wisconsin.

Peach State Federal Credit Union in Lawrenceville, Ga., has acquired RCT Federal Credit Union in Augusta, Ga.

Provident Financial Services in Iselin, N.J., reported relatively flat quarterly results as lower fees offset loan growth.

Columbia Banking System in Tacoma, Wash., reported higher quarterly profits that reflected increased lending.

TFS Financial in Cleveland posted a double-digit profit increase in the quarter that ended June 30 thanks to a combination of improved credit quality and lower expenses.

Middleburg Financial in Virginia, which recently faced criticism from its biggest investor, has a new chairman.

Iberiabank in Lafayette, La., neutralized the energy issues common to Gulf region lenders these days with a one-two punch of stronger fee income and robust, more profitable lending.

Multiple acquisitions weighed down quarterly profit at TowneBank in Suffolk, Va.