Location Root Tag

If approved, Core Commercial Bank would be just the third new bank to open in the U.S. since the financial crisis.

A Los Angeles-based community group has dropped its objection to the proposed sale of City National Bank to Royal Bank of Canada and now says the deal should be expedited.

Farmers National Banc in Canfield, Ohio, has agreed to buy Tri-State First Banc in East Liverpool, Ohio.

CUNA Mutual Group has launched its new mortgage payment protection product for credit unions and their members.

Access National's four-year-old wealth management subsidiary has grown rapidly and is poised to enter the black. The allure of fee revenues has drawn many community banks into this field amid weak loan growth and tight interest margins.

TRENTON, N.J. — The Garden State will soon have a new banking commissioner.

SECU of Maryland has licensed Rate Reset to allow members to "reset" loan rates without going through a formal refinancing process.

The percentage of funds that NCUA annually transfers to its operating budget from the National Credit Union Share Insurance Fund to cover expenses of the agency — known as the "overhead transfer rate" — is subject to notice and comment requirements under federal law, according to a legal analysis by NASCUS.

Northwest Bancorp. in Spokane, Wash., has agreed to buy Fairfield Financial Holdings in Fairfield, Wash., for about $21 million in cash. The deal is expected to close in the fourth quarter.

Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.

Johnson Financial Group in Racine, Wis., has promoted an executive in its insurance division to chief financial officer.

Flagstar Bancorp in Troy, Mich., has hired industry veteran Leonard Israel to lead its mortgage division.

Jack Henry & Associates Inc. announced that F.C.I. Federal Credit Union has selected and converted to its CruiseNetcore processing system.

According to the agency's 2014 Annual Report, NCUA failed to meet all of its targets — in some cases even losing ground — for increasing the number of females, minorities and persons with disabilities at all levels of the organization, including management.

Glen Burnie Bancorp in Maryland has hired an executive from Patapsco Bank to be its new chief financial officer.

ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.

The Credit Union Executives Society's board of directors on Monday named John Pembroke as the organization's new president and CEO, effective immediately.

PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.

Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.

ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.