Location Root Tag

The case against a Georgia man and two companies he controls involves allegations of collecting debts that consumers did not owe.

MutualBank (MFSF) in Muncie Ind., has agreed to buy Summit Mortgage in Fort Wayne, Ind.

Complete Financial Solutions, a mortgage and financial services company in Spokane, Wash., has agreed to buy American Patriot Bank in Greenville, Tenn.

The $3 billion-asset company said in a press release Wednesday that Scott Skorobohaty will be responsible for all commercial banking operations, which include serving small and midsize businesses, professional services firms and nonprofits.

Carver Bancorp (CARV) in New York will revise its fiscal year 2014 and fiscal fourth quarter results to reflect higher expenses related to its pension plan and its accounting for leases.

Frank Sorrentino will attempt to integrate the systems at Center Bancorp a mere three weeks after the company merged with ConnectOne. The key is tremendous up-front planning — and having a crisis team at the ready, he says.

City National Bank (CYN) in Los Angeles opened an office in Daytona Beach, Fla., that will target clients in the entertainment, sports and motorsports industries.

NASHVILLE, Tenn. and LOUISVILLE, Ky. — The Tennessee Department of Financial Institutions gave the nod to the proposed merger of Kentucky Corporate Credit Union and Volunteer Corporate Credit Union, the final step toward completing the union, VolCorp reported.

QCR Holdings (QCRH) in Moline, Ill., has exited the Small Business Lending Fund.

United Bancshares (UBOH) in Columbus Grove, Ohio, has agreed to buy Ohio State Bank in Marion.

Univest Corporation of Pennsylvania (UVSP) in Soudertown has purchased Sterner Insurance Associates in Coopersburg, Pa.

Regulators have ordered Community 1st Bank Las Vegas in New Mexico to appoint a new chief executive and clean up its loan portfolio.

BIRMINGHAM, Ala. — NCUA's proposed rule on associational common bond requirements has many credit union executives saying they are uncertain about what the agency will be looking for when it reviews existing associational relationships.

First Niagara Financial (FNFG) in Buffalo, N.Y., has recruited a former executive at JPMorgan Chase (JPM) to join its board.

Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.

Ottawa Savings Bancorp (OTTW) in Ottawa, Ill., has agreed to buy Twin Oaks Savings Bank in Marseilles, Ill.

HomeStreet (HMST) in Seattle has sold servicing rights to about $3 billion in single-family mortgages to SunTrust Banks (STI) in Atlanta.

SAN FRANCISCO — From dragons and drums to lending challenges to come, America's Credit Union Conference kicked off with a bang on Monday.

D.L. Evans Bancorp in Burley, Idaho, was the successful bidder for Idaho Banking in Boise following a bankruptcy auction.

BRISTOL, Pa. — Jim Merrill has been named CEO at Inspire FCU, succeeding Glenn Styer, who retires July 21.