Joseph Kellard

Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company.

CNB Financial in Clearfield, Pa., has picked a veteran director to be its next chairman, the sixth in the company's 32-year history.

A federal judge in California approved a $2.4 million settlement in a class- action lawsuit against Social Finance, a San Francisco-based online lender.

Meta Financial Group in Sioux Falls, S.D., has expansion in mind, citing M&A and other growth-related pursuits as the reasons behind a $75 million debt issuance.

Old Line Bancshares in Bowie, Md., has issued $35 million in subordinated debt to help pay for an acquisition and for growth moves down the road.

Regions Financial in Birmingham, Ala., has offered to repurchase up to $750 million of its outstanding senior debt.

Patriot National Bancorp in Stamford, Conn., is in the market for a new chief executive.

Texas regulator last accredited in 2011

First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.

Enterprise Financial Services in Clayton, Mo., said Wednesday that it has promoted James Lally to president.

Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.

Awards recognize innovation in lending while maintain sound financial performance.

Small-business owners heard "no" more often in July when seeking loans from big banks after six months of improving prospects.

New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.

Small-business owners heard "no" more often in July when seeking loans from big banks and credit unions alike, while small banks and institutional lenders were more generous, according to the Biz2Credit Small Business Lending Index.

The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.

Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.

NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader.

The Bancorp in Wilmington, Del., has raised $74 million by selling common stock and a new series of preferred stock.

The former officers and directors for Midwest Bank & Trust have reached a $26.5 million settlement with the Federal Deposit Insurance Corp. over charges of negligence during the financial crisis.