Location Root Tag

Union Federal Savings & Loan Association and First Federal Savings & Loan Association, two mutuals in Kewanee, Ill., have agreed to merge.

First NBC Bank Holding in New Orleans has agreed to raise its purchase price for State Investors Bancorp and has delayed the targeted completion date.

Premier Financial Bancorp in Huntington, W.Va., has received a $12 million loan from First Guaranty Bancshares in Hammond, La.

Western Nebraska Bank in Curtis will buy a branch in Paxton, Neb., from Pony Express Community Bank.

OceanFirst Financial in Toms River, N.J., has agreed to buy a branch office in its hometown from Provident Financial Services.

First Financial Bancorp. in Cincinnati has issued $120 million in subordinated debt and plans to use the proceeds for potential stock repurchases and to support growth.

Oak Valley Bancorp in Oakdale, Calif., has agreed to buy Mother Lode Bank in Sonora, Calif.

BankMobile, the fee-free, digital-only offshoot of Customers Bancorp in Wyomissing, Pa., is launching a technology development division called BankMobile Technologies.

CIT Group in New York has formed a joint venture with the private equity firm TPG Capital to provide commercial lending.

Avadian Credit Union in Birmingham, Ala., has agreed to buy American Bank of Huntsville in Alabama.

Eagle Bancorp Montana in Helena has appointed a building contractor and real estate developer to its board.

Northfield Bancorp in Woodbridge, N.J., has agreed to buy Hopewell Valley Community Bank in Pennington, N.J.

Tim Colvin used to make consumer loans at Community Trust Bank. Now, as the bank's "dream manager," he spends his workday counseling the bank's employees on everything from figuring out how to adopt a baby to landing their ideal job.

Many of the bank's policies bubbled up through meetings of the Employee Excellence Council, a group of roughly 50 volunteers — from tellers to senior vice presidents — that offers input on benefits, working conditions and anything else that comes to mind.

Tri-Valley Bank in San Ramon, Calif., plans to raise $1.35 million in a private placement of its common stock.

Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.

SBT Bancorp in Simsbury, Conn., plans to raise about $7.5 million through a private placement of subordinated debt and $8.6 million through a public offering of common stock.

Citizens First in Bowling Green, Ky., has appointed a Tennessee businessman and a Kentucky government official to its board.

ASB Bancorp in Asheville, N.C., has received its second demand in less than a month to put itself on the auction block.