Location Root Tag

U.S. Bank in Minneapolis has named Gareth Gaston to the newly created position of executive vice president of virtual banking.

The $1.6 billion-asset KleinBank said it expects to buy the $207 million-asset Prior Lake by the end of this year. Financial terms were not disclosed.

Platte Valley Financial Services in Scottsbluff, Neb., is buying a bank it played a role in forming.

First Federal Bank of Wisconsin in Waukesha and Bay View Federal Savings and Loan Association are merging.

Middleburg Bank in Virginia has agreed to sell its 62% stake in the mortgage banking firm Southern Trust Mortgage to two Virginia banks and Southern Trust's president.

VANCOUVER, Wash. — Roger Michaelis, longtime president and CEO of $509 million iQ Credit Union, said he plans to retire in October after 29 years of service.

Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could raise more than $27 million in a securities agreement and rights offering.

United Community Banks (UCBI) in Blairsville, Ga., said it expects to report earnings of $14 million to $15 million for the first quarter.

MADISON, Wis. — The National CU Foundation hopes credit union employees will "dress down" to support financial education initiatives next month.

PacWest Bancorp's pending purchase of CapitalSource has been pushed back as the deal awaits approval from the Federal Reserve Board.

Ameris Bancorp (ABCB) in Moultrie, Ga., has repurchased all the shares it issued under the Troubled Asset Relief Program.

Bay Banks of Virginia in Kilmarnock is adjusting its 2013 financial results after unloading a troubled asset.

Kansas City's UMB Bank has rolled out an in-house tech support program to help get its less-tech-savvy customers comfortable with digital channels. It also hopes the initiative will help it boost retention rates and perhaps even capture a larger share of the customer's wallet.

Solera National Bancorp's annual meeting is quickly shaping up to be a free-for-all.

VIENNA, Va. — Mobile payments provider Square could get a big boost from the nation's biggest credit union.

Sen. Heidi Heitkamp is striking an optimistic tone for mortgage finance reform, saying she's hopeful that a Senate Banking Committee plan to overhaul the market could make it to the chamber floor for a vote this year.

Washington Federal (WAFD) in Seattle has shifted a number of executive titles and responsibilities.

Lakeland Financial in Warsaw, Ind., has appointed Lisa O'Neill as its new chief financial officer. She joins the $3.2 billion-asset company from First Manitowoc Bancorp in Manitowoc, Wis., where she has served as CFO since 2007.

LAKE MARY, Fla. — CFE FCU has selected Symitar's Episys system as its new core processing solution, replacing a system it had used for more than 30 years.

BIRMINGHAM, Ala. — An update to the Alabama Credit Union Act is headed to this state's governor's desk, and some of the changes include limited liability for boards of directors.