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Park National Corp. in Newark, Ohio, said Tuesday that it had found a material weakness in its internal control over financial reporting, tied to its use of a third-party contractor.

New Hampshire Thrift Bancshares Inc., the parent of Lake Sunapee Bank, is entering the insurance business with its buy of McCrillis and Eldredge Insurance.

First Financial Corp.'s willingness to pay nearly double the tangible book value for Freestar Bank outside of Chicago is the most expensive small bank deal in months.

First Citizens BancShares Inc. in Raleigh, N.C., has retired its IronStone Bank brand and converted IronStone's 58 branches into branches of its First Citizens Bank.

Members of Har-CO FCU voted to approve the conversion of the $200 million credit union to a mutual savings bank, the first credit union conversion in more than two years.

Royal Bancshares of Pennsylvania Inc. in Narbeth said Friday that Wayne Huey Jr. was elected to its board.

Cascade Bancorp in Bend, Ore., has hired former Fifth Third Bancorp executive Terry Zink to become its chief executive.

The president of Home Federal Bank in Sioux Falls, S.D., has stepped down after less than a year on the job.

Bryan McDonald will become president and chief executive of Whidbey Island Bank in Coupeville, Wash., on Jan. 1.

Huntington Bancshares Inc. of Columbus, Ohio, and Security California Bancorp of Riverside, Calif., will add offices in the coming months.

Texas Exchange Bank in Crowley, Texas, said Tuesday that it had expanded into two cities to meet an increasing demand for commercial loans.

Tennessee Valley Financial Holdings Inc. in Oak Ridge agreed to serve as a source of strength to its $173.3 million-asset TNBank, which has been operating under a consent order with it regulators since April 21.

The ailing Central Progressive Bank in Lacombe, La., may have found its savior on the other side of Lake Pontchartrain.

Technology Credit Union has applied to NCUA to convert to a mutual savings bank, which, at $1.5 billion, would be the biggest credit union conversion to bank yet.

Central Federal Corp. in Fairlawn, Ohio, is set to bring in a new chief executive and president after it raises up to $37.5 million.

Under orders from regulators to beef up its capital levels, Legacy Bank of Florida in Boca Raton has raised $2.8 million in new capital and has deals in place in to receive an additional $13.5 million.

State Bank Financial has bought 10 failed banks since 2009, and CEO Joe Evans discusses his outlook for more deals. He also discusses challenges with loan demand, and the long-term outlook for his bank in its core markets of Atlanta and Macon, Ga.

MOUNTLAKE TERRACE, Wash. – 1st Security Bank of Washington, the ailing one-time credit union known until 2004 as Washington's CU, plans to raise up to $32 million in an initial public offering.

BofI Holding Inc. in San Diego announced Monday that it has changed the name of its federally chartered savings bank from Bank of Internet USA to BofI Federal Bank.

WSFS Financial Corp. in Wilmington, Del., said Thursday that it has created a loan program in which it will offer discounted rates to small businesses that use the funds to create jobs.