Joseph Kellard

Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.

Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year — chair of the California Bankers Association.

Farm Credit Employee FCU in St. Paul, Minn., has chosen Sharetec as its new core system, the company announced in a Tuesday press release.

BB&T in Winston-Salem, N.C., plans to cut 240 jobs and close 28 branches as part of its integration of National Penn Bancshares.

Harmony Bank in Jackson, N.J., has exited the Small Business Lending Fund. The $ 295 million-asset company said in a press release Tuesday that it paid about $3.5 million to redeem roughly 3,500 shares of preferred stock.

The $125 billion-asset company said in a press release Tuesday that Kate Randall Danella will lead a team of private wealth management professionals providing banking, trust and investment management services to affluent and high-net-worth individuals and families.

For the next three years Scott Credit Union will sponsor Major League Baseball's St. Louis Cardinals franchise, winners of 11 World Series.

Two California credit unions, Eagle CU in Lodi and UNIFY Financial CU in Torrance, plan to merge.

JPMorgan Chase and Bloomberg Philanthropies are providing $7.5 million in grants for public education programs that address workforce needs in New Orleans.

CU Companies plans to expand into five additional states.

The Securities and Exchange Commission has filed fraud charges against two attorneys it says stole money from small-business owners seeking commercial loans.

The University of Hawaii Federal Credit Union reported $1.3 million on assets of $583 million for the first quarter.

Approval from the Federal Reserve Board is all that stands between Bank of the Ozarks in Little Rock, Ark., and two acquisitions that will add $6.1 billion in assets.

The $7.5 billion CU announces Chief Executive Tom Dorety will retire at the end of 2016, and that a successor will likely be named in the fall.

National Credit Union Administration will form an internal working group to review its examination process, including the frequency of exams, says new Chairman Rick Metsger.

KeyCorp in Cleveland will open a regional headquarters in western New York as part of its acquisition of First Niagara Financial Group.

Guaranty Federal Bancshares in Springfield, Mo., has elected James Batten, a director of the company since 2006, as its next chairman.

First Connecticut Bancorp in Farmington has committed to making $5 million in small-business loans over the next year.

CU Companies added 12 new retail and correspondent mortgage lending partners since the end of 2015.

Community Development Financial Institutions (CDFIs), along with community development practitioners and the general public, are invited to comment on a proposed FY 2016 CDFI Prize Competition, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) said in a news release Wednesday.