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.

In the latest in a series of acquisitions for the $20 billion credit union in the past six months, PedFed expands into the San Antonio, Texas, marketplace.

Bank of the Ozarks in Little Rock, Ark., has launched a subordinated debt offering that was well telegraphed to the market but that is smaller than some had anticipated.

First NBC Bank Holding in New Orleans, which delayed the release of its 2015 annual report earlier this year, said it has submitted a plan to Nasdaq to get back on schedule with its filing of financial statements.

According to a study released this week by the marketing analytics firm Bug Insights, the annual fee is by far the No. 1 reason why card users would change providers.

The latest shot was fired this week in the ongoing feud between an investor group and Seacoast Banking Corp. of Florida in Stuart.

WSFS Financial Corporation in Wilmington, Del., is looking to raise $100 million through the sale of notes and plans to use the proceeds for a range of purposes, including possible acquisitions.

MADISON, Wis. — Filene Research Institute has produced its inaugural report on organizational culture and entrepreneurship.

Highlands Bancorp in Vernon, N.J., has raised $7.5 million to exit the Small Business Lending Fund.

PNC Financial Services Group has been named the official bank of the University of Kentucky, its 50th such partnership with a college or university.

Carolyn Berkowitz stepped down as president of that Capital One Foundation in McLean, Va., in late April to pursue other opportunities, the company confirmed Wednesday.