Joseph Kellard

Medallion Bank in New York has sold nearly $100 million in prime-credit consumer loans, largely consisted of home improvement and recreational vehicle installment loans, to an unnamed buyer.

The $1.1 billion-asset company said in a press release Friday that it had combined its $492 million-asset CNB in Centreville, Md., and the $615 million-asset Talbot Bank in Easton, Md., to create Shore United Bank.

Franklin Financial Services in Chambersburg, Pa., has find a successor for its chief executive.

The $99 million-asset thrift said in a recent press release that Best Hometown Bancorp, a holding company it created, raised $8.3 million as part of an initial public offering tied to its mutual-to-stock conversion. Home Federal also plans to change its name to Best Hometown Bank.

Liberty Shares in Hinesville, Ga., one of a handful of banks still stuck in the Troubled Asset Relief Program, has raised $26 million in capital.

Flagstar Bancorp in Troy, Mich., is paying $371 million to put behind it the vestiges of its dealings with the Troubled Asset Relief Program.

First Bank in Hamilton, N.J., has raised $13.7 million by selling common stock.

The $126 billion-asset holding company for Regions Bank said Jeremy King, who had been support manager for private wealth, is now executive vice president of wealth management strategy and effectiveness for Regions Wealth Management.

The Little Rock, Ark., bank got the final regulatory approval it needed to buy C&S and C1, but not before agreeing to address some community reinvestment concerns in the Atlanta market and elsewhere.

Iberiabank in Lafayette, La., has added a retired investment banker to its board. The $20 billion-asset company said in a press release Tuesday that Rick Maples, who once was head of investment banking at Stifel Financial, had become a director.