The $2 billion-asset company said in a press release Tuesday that it sold common stock to unnamed accredited investors for $10.56 a share.

Whether corporate leaders should have a certain look is a controversial and sometimes awkward topic, but many companies and executive coaches are willing to help corporate climbers polish their appearance, stage presence and speaking style.

HF Financial in Sioux Falls, S.D., is scaling back its in-store branch branches due to increased demand for online banking and the advice-oriented offerings at full-service branches.

The City of New York intends to develop mobile payment options for those paying fines for parking violations.

Ironhorse Financial Group in Muskogee, Okla., has agreed to acquire Benefit Financial Group in Fort Smith, Ark.

Fulton Financial in Lancaster, Pa., disclosed that another one of its banks has been hit with a consent order tied to Bank Secrecy Act and anti-money laundering compliance.

Community banks go against their own interests when they oppose regulations that mainly affect big banks and leave smaller institutions unscathed.

A nonprofit behavioral health provider in New Mexico submitted more than $4 million in overbillings, according to an audit conducted for New Mexico's Human Services Department, which included a case-by-case review of 150 reimbursement claims.

Tompkins Financial in Ithaca, N.Y., will soon have a new leader for its Bank of Castile.

Investors have been waiting for George Martinez to take Allegiance Bancshares public, and 2015 was expected to be the year. But a slide in oil prices might complicate the prospects. Still, with an acquisition to integrate and a team that produces 20% annual loan growth, he is looking forward to the coming year.

Borrowers who are being sued by lenders over the money owed on foreclosed mortgages are making novel use of the Fair Debt Collection Practices Act. They argue that they cannot be sued if they live in a state different from the one where the property is located.

The digital currency movement is headed into 2015 still looking for a "killer app" to pull Bitcoin out of obscurity. Mixing Bitcoin's technology with the virality of social media could be the winning ticket.

United Financial Bancorp in Glastonbury, Conn., is planning to close five branches and lay off the employees who work in them.

Biz2Credit, an online lending marketplace geared toward small businesses, has received a $250 million investment capital agreement from Direct Lending Investments, a fund that purchases small business loans through online and peer-to-peer lending platforms.

Legacy Bank of Florida in Boca Raton has been released from an enforcement action with state and federal regulators.

FNBK Holdings in Dallas has agreed to acquire the First National Bank of Kemp in Texas.

Incentives for companies aren't the same as incentives for people. The QRM risk-retention rule doesn't solve "IBG, YBG" — "I'll be gone, you'll be gone." Banks appear to have been slow to adopt clawback policies for individual lenders.

Tech startup Global Debt Registry hopes a central, online record of consumer debt will help end abuses in collection practices. But the byzantine world of debt collections is full of challenges.

WASHINGTON — The Consumer Financial Protection Bureau is urging the Department of Defense to finalize a proposal meant to stop lenders from offering expensive credit to military personnel.