Location Root Tag

TriCo Bancshares in Chico, Calif., paid a lower deposit premium for its purchase of Bank of America branches after deposit levels at those offices fell.

Shareholders of KeyCorp in Cleveland and First Niagara Financial Group in Buffalo, N.Y., have approved Key’s planned purchase of First Niagara.

Citizens Financial Group in Providence, R.I., has hired Randall Black as chief accounting officer and controller. He will start at the company on April 18, succeeding Ronald Ohsberg.

Northwest Bancshares in Warren, Pa., has agreed to buy Best Insurance Agency, an employee benefits and property and casualty insurance firm in Butler, Pa.

Central Bancshares in Muscatine, Iowa, has agreed to buy Brimfield Bank in Brimfield, Ill.

Bank of New York Mellon has agreed to pay $3 million to settle an investigation into its handling last year of a major software system crash.

ChoiceOne Financial Services in Sparta, Mich., will begin work on remodeling its bank's headquarters in May.

South State in Columbia, S.C., has promoted one of its executives to become chief executive of its bank.

An activist investor is laying the groundwork for a potential proxy battle with Seacoast Banking Corp. of Florida in Stuart.

Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.

Fifth Third Bancorp plans to hire about 200 technology professionals this year, amid a focus on mobile and digital banking.

Lincoln Park Savings Bank in New Jersey is now Lincoln 1st Bank.

Capital Bank Financial in Charlotte, N.C., will record a first-quarter $5.5 million net loss, after it agreed to an early termination of its loss-share agreements tied to three failed banks.

A dozen banks from Arkansas to Virginia are nearing $10 billion in assets, where they will face higher compliance costs and caps on interchange fees. Mergers among those institutions could create a new class of regional bank.

KeyBank, a $93 billion-asset bank headquartered in Cleveland, announced plans Friday to direct $16.5 billion in lending toward low- and moderate-income communities over five years beginning in 2017.

Granite Bank in Colebrook, N.H., has named a Minnesota community banker as its new chief executive.

Banks change top executives all the time, but it's rare that one leaves for another venture and simultaneously gets recruited to the board of the bank he or she is leaving.

Old Point Financial in Hampton, Va., has agreed to nominate an activist investor's candidate for its board.

C&F Financial in West Point, Va., has named Jason Long chief financial officer of the company and its Citizens and Farmers Bank subsidiary.

Texas Capital Bancshares in Dallas has hired a TD Bank executive to expand its lending to franchise-related businesses.