Location Root Tag

Hanmi Financial in Los Angeles is planning to close four branches.

Premier Financial Bancorp in Huntington, W.Va., has completed its exit from the Troubled Asset Relief Program.

Parkway Bancorp in Harwood Heights, Ill., has agreed to buy Park Bancorp in Chicago.

First Citizens BancShares in Raleigh, N.C., reported higher earnings on the backs of two acquisitions.

The Patriot Center at George Mason University is about to be renamed EagleBank Arena.

Trans Pacific National Bank in San Francisco has named ex-Chicago banker Bob Lussier its president and chief executive.

BIG SPRING, Texas — Cosden Federal Credit Union, a $37 million institution, named Laurie Barraza as its new president and CEO, effective June 1, 2015.

Elmira Savings Bank in New York has repurchased a warrant from the federal government that had been issued as part of the Troubled Asset Relief Program during the financial crisis.

Bank of the Ozarks in Little Rock, Ark., has agreed to buy Bank of the Carolinas in Mocksville, N.C.

Charlotte, N.C. — Virtual StrongBox, Inc., said it has received a patent for its secure storage system and file encryption method for safeguarding data at rest — in response to the "growing epidemic" of data breaches.

Farmers Capital Bank in Frankfort, Ky., will repurchase the rest of its outstanding preferred stock.

QCR Holdings in Moline, Ill., will sell 2.8 million shares in a public offering.

Naugatuck Valley Financial in Naugatuck, Conn., has been freed from a regulatory order.

Achieva Credit Union in Dunedin, Fla., has agreed to buy Calusa Bank in Punta Gorda, Fla.

The National Federation of Community Development Credit Unions (Federation) and the Neighborhood Trust Financial Partners (NTFP) have launched a new initiative called "Pathways to Financial Empowerment."

The number of credit unions paying penalties for late Call Reports continues to decline, but the overall amount to be paid and the median penalty rose slightly for the fourth quarter of 2014, according to data released today by NCUA.

ALEXANDRIA, Va. — Credit unions have until the end of this month to apply for the latest round of consulting assistance from NCUA.

RIVERSIDE, Calif. — Altura Credit Union on Friday reported $2.34 million in net income for the first quarter — stretching its streak of consecutive quarters of positive earnings to 16.

MADISON, Wis. — The CUNA HR/TD Council has rebranded itself as the CUNA HR & Organizational Development Council to more closely unify the group's members and their professional backgrounds, the council said.

OAK RIDGE, Tenn. — CU Insurance Services of Tennessee, LLC, opened for business just two months after the joint venture was announced.