Joseph Kellard

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.

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Edward Duffy, who was chairman of the holding company for the former Marine Midland Bank in Buffalo, N.Y., has died. He was 89.

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According to the American Bankers Association's quarterly report on consumer delinquency trends, late payments on home-equity loans and home-equity lines of credit have dipped below 15-year averages for the first time since the Great Recession.

CO-OP Financial Services annual shareholder dividend pool totaled $53.3 million for 2015, the highest annual dividend recorded by a credit union service organization for its owner credit unions, the company announced Wednesday.

Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive.

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Amalgamated Bank in New York has recruited a former American Express executive to develop its online banking platform and has created a new position to oversee corporate philanthropy.

The program is a 24-month curriculum designed to generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market, Filene announced Monday.

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