Joseph Kellard

Mascoma Savings Bank in New Hampshire spent six months searching for a new president and chief executive before selecting one of its directors for the job.

FVCBankcorp in Fairfax, Va., and Independent Bank Group in McKinney, Texas, are raising capital through private and public offerings of subordinated notes.

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

First Citizens BancShares in Raleigh, N.C., has terminated five of its nine loss-share agreements with the Federal Deposit Insurance Corp.

Freedom Federal Credit Union said that Michael MacPherson, who has served as the $288 million-asset credit union's interim president and chief executive since October, has been named to those jobs on a permanent basis.

Golden 1 has reached a milestone that only five other credit unions nationwide have crossed.

Eastern Virginia Bankshares in Tappahannock, Va., is backing up the moving van as it prepares to relocate its headquarters to a Richmond suburb, with an eye toward efficiency and growth.

Peapack-Gladstone Financial in Bedminster, N.J., is considering additional acquisitions in wealth management after raising $50 million in subordinated debt.

The $15 billion-asset bank said in a press release Wednesday that Kevin Moffitt has been hired to succeed Brian Wildman, who was named MB Financial's executive vice president of consumer banking in March.

The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area.