Kristin Broughton

Credit Karma has begun offering on-demand access to credit reports from Equifax.

Empire Bancorp in Islandia, N.Y., has raised $20 million in a private placement.

The layoffs will take place across the $38 billion-asset bank's four-state service area in New York, Pennsylvania, Massachusetts and Connecticut, a spokesman for the bank confirmed.

Sentry Bank in St. Joseph, Minn., has lined up its next president and chief executive.

Northrim Bancorp in Anchorage, Alaska, has promoted Joe Beedle to president and chief executive.

Citizens Security Bank in Bixby, Okla., will change its name in March to Mabrey Bank, taking on the last name of the family that owns and manages the bank.

Fifth Third Bancorp in Cincinnati has named an executive of the Cincinnati Bengals football team to its board.

The $6.5 billion-asset bank said in a press release Thursday that it plans to transfer its common stock and senior notes to the NYSE from the Nasdaq.

MADISON, Wis.—CUNA has named Jill Tomalin deputy chief of staff. In her newly created role, Tomalin will be responsible for advising CUNA's president and overseeing the association's operations.

South Shore Bank in South Weymouth, Mass., has lined up its next president and chief executive.

State Street in Boston has split the positions of president and chief executive.

Paytronix Systems, a consumer rewards company, has signed an agreement with the payment technology company NCR Corp. to provide restaurant loyalty programs.

The $1 billion-asset company said in a regulatory filing Tuesday that it repurchased its remaining shares of preferred stock issued to the Treasury Department during the financial crisis.

PNC Financial Services Group in Pittsburgh has tapped an executive to become its director of community affairs and president of the PNC Foundation.

The CUNA Operations, Sales and Service Council has released a new white paper on member outreach and engagement.

Well Fargo Private Bank in San Francisco has named Erik Davidson as chief investment officer.

City National Bank in Los Angeles is launching a new online magazine with a goal of driving more traffic to its website.

Stockpile, a company that provides digital gift cards for buying stock, has partnered with the financial technology vendor Yodlee to offer banks products aimed at encouraging consumers to save and invest.

The e-commerce provider Spindle has partnered with the payment processor TekTango to provide point of sale hardware with bundled payment processing services.

The $5.9 billion-asset company said in a press release Friday that it has offered the subordinated notes in a private placement to unnamed institutional investors.