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Plaza Bank in Seattle has promoted its chief lending officer to become CEO. The $65 million-asset bank said in a press release Monday that Michael Anderson also succeeded Michael Clabby as president on Nov. 23.

Union Bankshares in Richmond, Va., has sold $150 million in subordinated notes. The $8.2 billion-asset company said in a press release Monday that the notes will initially bear an annual fixed interest rate of 5%.

Pinnacle Bank in Gilroy, Calif., is looking to raise about $3 million through a rights offering.

Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.

Fentura Financial in Fenton, Mich., is the latest banking company to outline plans to sell common stock.

The Music City is booming because of entertainment and health care. Still, banks are monitoring growth in areas such as real estate development for signs of stress.

American Express has added a new mobile payment service to the growing list of "Pays" available to consumers in Canada.

Opus Bank in Irvine, Calif., continues to bolster its credit ranks following a surprising third-quarter loss.

The Office of the Comptroller of the Currency will start granting limited-purpose bank charters to fintech companies, but intends to maintain high standards for new entrants.

Bank of New York Mellon has named two women executives from the energy and technology sectors to its board.

Unity Bancorp in Clinton, N.J., has a deal in place to sell $15 million in common stock over time.

The combined institution will now serve more than 16,000 members with $142 million in assets.

First Colebrook Bancorp in Colebrook, N.H., has raised $5 million to exit the Small Business Lending Fund.

Mastercard cardholders in the U.K. will soon have the ability to choose a financing option for scheduled payments when making a purchase at a Verifone point of sale terminal accepting the new application.

A PrivateBancorp investor is urging other shareholders to reject the Chicago company's proposed sale to CIBC in Toronto.

The billionaire investor will soon step down from the New Jersey company's board as he prepares to become Commerce secretary. The appointment, however, shouldn't force any changes in his firm's holdings or its investment in the banking sector.

TriCo Bancshares in Chico, Calif., has hired a Wintrust Financial executive as its chief operating officer.

Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns.

As bitcoin's spotlight fades and banks work to adapt its underlying blockchain technology for more traditional uses, it seemed that the world was ready to move on from the infamous cryptocurrency. And then Donald Trump was elected president of the U.S.

Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.