Joseph Kellard

SRP FCU in North Augusta, S.C., named an executive from one of the nation's largest credit unions as its next president and chief executive.

Ingenico Group has begun offering tools to address some of the complex challenges in developing EMV-enabled mobile point of sale applications.

Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Florida Credit Unions Shared Services announced a $602,776 patronage rebate and dividend to its participating CUs and stockholders in 2015.

OneUnited Bank, a minority-owned institution in Boston, will close two branches in California, or about a quarter of its total branch network.

The $973 million-asset bank will build one of its first stand-alone branches this year in Fairway, Kan., in the metro Kansas City area. Most of Academy's 88 branches are located inside Walmart stores.

Community Bank in Pasadena, Calif., has promoted from within to fill the positions of president and chief banking officer.

The Credit Union National Association has released a new Financial Flash entitled “Concentration Risk: Guidance on Policy and Metrics.”

Xceed Financial Credit Union will transition its in-house DNA account processing to a Fiserv-hosted data center to expand its strategic opportunities and focus on members.

SAN DIEGO — Stan Abrams is stepping down as president and chief executive of San Diego Metropolitan Credit Union next year.

First-quarter profit improved at Commerce Bancshares in Kansas City, Mo., as commercial-and-industrial loans increased.

Profits soared at Bank of the Ozarks in Little Rock, Ark., thanks primarily to its expanding loan portfolio.

The number of seriously delinquent mortgages reached its lowest level in over eight years, helped by new job creation and higher wages, according to CoreLogic.

AOC Solutions in Chantilly, Va., has launched Transact Global, a processing platform exclusively for digital payments among businesses that still rely on manual processing.

Boston Private Financial Holdings appointed its bank president, George Schwartz, to the newly created position of chief executive of its private banking group.

State regulators have given Ent Credit Union in Colorado Springs the green light to expand to additional counties in-state, the company reported Monday.

First Business Financial Services in Madison, Wis., has appointed David Seiler as chief operating officer. The $1.8 billion-asset holding company said Seiler will start in the newly created role on April 18.

Dennis Schaefer will retire as president and chief executive of SIU Credit Union in Carbondale, Illinois, on April 15.

Credit Union Service Centers of Alabama will pay a patronage rebate and dividend for the fifth consecutive year.