Joseph Kellard

Texas Capital Bancshares in Dallas has snagged a BBVA Compass banker and promoted two of its own executives.

Santander Consumer USA Holdings in Dallas has named a former president of Ally Financial and a former Treasury Department official to its board.

The $20.7 billion-asset company said in a press release Monday that it had tapped Samuel Erwin as its regional president responsible for covering the state. Erwin will operate from Greenville, S.C.

Banks in Texas and Washington are joining the growing list of financial institutions selling common stock.

Flushing Financial in Uniondale, N.Y., made $12.3 million on a recent property sale, part of a series of moves as it restructures its balance sheet.

Plaza Bank in Seattle has promoted its chief lending officer to become CEO. The $65 million-asset bank said in a press release Monday that Michael Anderson also succeeded Michael Clabby as president on Nov. 23.

Union Bankshares in Richmond, Va., has sold $150 million in subordinated notes. The $8.2 billion-asset company said in a press release Monday that the notes will initially bear an annual fixed interest rate of 5%.

Nearly a decade after he was forced to resign as CEO of Commerce Bank in Cherry Hill, N.J., the retail banking innovator was named chairman at Republic First Bancorp, which has adopted many of Commerce's practices.

Pinnacle Bank in Gilroy, Calif., is looking to raise about $3 million through a rights offering.

The credit union credited its commitment to community with fueling the recent growth.

The combined institution will now serve more than 16,000 members with $142 million in assets.

First Colebrook Bancorp in Colebrook, N.H., has raised $5 million to exit the Small Business Lending Fund.

A PrivateBancorp investor is urging other shareholders to reject the Chicago company's proposed sale to CIBC in Toronto.

Needham Bank in Massachusetts has hired a banking veteran as its next chief executive.

TriCo Bancshares in Chico, Calif., has hired a Wintrust Financial executive as its chief operating officer.

Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns.

CHROME Federal Credit Union in Washington, Pa., has selected SmartCore by NYMBUS as its new core banking platform to help reach a financial milestone.

CIT Group in Livingston, N.J., has promoted Steve Solk to president of consumer banking in California.

Credit Union of Texas in Dallas has selected three new systems to more efficiently extract, integrate and harness data.

Heritage Oaks Bancorp in Paso Robles, Calif., has been freed from a consent order tied to Bank Secrecy Act and anti-money-laundering compliance.