Location Root Tag

Bank of the West in San Francisco has sold its insurance subsidiary to an insurance brokerage.

Byron Thompson, chairman of Country Club Bank in Kansas City, Mo., has died.

Cordia Bancorp found an experienced leader to run its bank, and executive recruiters believe more companies could do the same as they try to train the next generation. One problem: Most retired CEOs seem content to sit on the sidelines after enduring the financial crisis.

BankUnited in Miami Lakes, Fla., has promoted Michael McClanahan to the newly created position of Orlando market president.

Bryn Mawr Bank in Pennsylvania has issued $30 million in subordinated debt.

Heritage Financial in Olympia, Wash., has agreed to an early termination of its Federal Deposit Insurance Corp. loss-share agreements for its purchase of two failed banks in 2010.

Metrum Community Credit Union, a $60-million institution based in Centennial, Colo., announced that its application for a community charter was approved by the board of the Colorado Division of Financial Services.

BB&T will dismiss most of a 21-person small business lending group who had been employed by Susquehanna Bancshares.

Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.

Blue Valley Ban Corp. in Overland Park, Kan., has obtained regulatory approval to redeem its Troubled Asset Relief program preferred shares.

Prosperity Bancshares in Houston has ended a short, self-imposed break from acquisitions, agreeing to buy Tradition Bancshares in Houston.

Intuvo, a division of CU Direct that provides marketing automation software to the credit union industry, announced that it has entered into new partnership agreements with four credit unions.

Coast Bancorp has sold two buildings next to its bank's headquarters in San Luis Obispo, Calif., and has refinanced debt.

Banc of California in Irvine, Calif., has named James McKinney principal accounting officer

Capital One Financial in McLean, Va., has been hit with an enforcement action by federal regulators for deficiencies in anti-money laundering compliance that were connected to a former check-cashing business.

Old Line Bancshares in Bowie, Md., has agreed to buy Regal Bancorp in Owings Mills, Md.

Summit Financial Group in Moorefield, W.Va., said its employee stock-ownership plan has acquired a stake in the company from a Louisiana bank.

Heritage Oaks Bancorp in Paso Robles, Calif., has purchased of $3 million worth of its trust-preferred securities.

Community Choice CU has announced a finalized deal to purchase Eastside Family FCU.

Washington Trust has significantly increased its deposit market share in Rhode Island in the past five years, without buying any banks, and is casting its eye across the state's borders. We talk growth strategy with the company's CEO and its COO.