NEWBURGH, N.Y. – Hudson Heritage FCU opened a new branch in a Wal-Mart Supercenter here, the $225 million credit union’s 10th branch.

TOLEDO, Ohio – Directions CU announced it is shuttering two under-performing branches next month, one in Mount Vernon and one in Mansfield.

Columbia Banking System Inc. of Tacoma, Wash., said late Tuesday that its chief executive had joined the board of the American Bankers Association.

Cardinal Financial Corp. in Tysons Corner, Va., reported that its first-quarter profit rose 37% from a year earlier, to $5.2 million, as the company reported lower credit costs and higher income.

NBH Holdings Inc. of Boston said Tuesday that it had lured a top executive from UMB Financial Corp. in Kansas City, Mo.

Century Bancorp Inc. in Medford, Mass., reported on Tuesday that its first-quarter earnings rose 9% from a year earlier, to $3.7 million.

Premier Financial Bancorp in Huntington, W.Va., has consolidated five of its banks into one that it has branded Premier Bank.

Many of these young banks are treading water, at best, waiting for the elusive rebound while coping with higher compliance costs.

Success of the Office of Financial Research is critical to curbing TBTF, and if it flops, the next set of solutions may be much harsher than living wills and orderly liquidation authority.

An analysis of local deposit share reveals which regional banking companies have the strongest positions across the markets in which they operate.

An estimated 515 different collection agencies and creditors were sued between March 16-31, the highest half-month period thus far in 2011 and up from 417 sued between March 1-15, according to data from U.S. District Courts.

Chemung Financial Corp. in Elmira, N.Y., has completed its acquisition of Fort Orange Financial Corp. in Albany, N.Y.

Tower Bancorp Inc. in Harrisburg, Pa., said last week that its chief financial officer had returned from a medical absence.

State regulators last Friday approved a request by Bellco Credit Union in Greenwood Village, Colo., to expand in order to serve all 610,000 residents of Denver County.

Hancock Holding Co. in Gulfport, Miss., said Monday that Nasdaq Stock Market Inc. notified it last week that it had failed to comply with a rule dealing with director independence.

Camden National Corp. in Maine has formed an executive management team. The five-officer team reports to Gregory Dufour, the $2.3 billion-asset company's president and chief executive.

Suffolk Bancorp in Riverhead, N.Y., said Tuesday that is overhauling its lending operations after reporting a big first-quarter loss.

Intervest Bancshares Corp. in New York posted a first-quarter profit after reporting a loss a year earlier. The $2 billion-asset company reported a profit of $1.7 million, or 8 cents a share, compared with a loss of $2.9 million, or 35 cents a share, a year earlier.

The Federal Reserve Board on Tuesday announced enforcement actions against two banks.