Location Root Tag

Hanmi Financial has opened loan production offices in New York and Georgia.

First BanCorp in San Juan, Puerto Rico, has been released from a consent order with the Federal Deposit Insurance Corp.

Simmons First National in Pine Bluff, Ark., has agreed to buy Ozark Trust and Investment Corp. in Springfield, Mo.

The $129 million-asset bank said in a press release Thursday that Robert O’Donnell will remain its chairman even though he is retiring as CEO.

Hudson City Bancorp in Paramus, N.J., reported a staggering plunge in earnings after an unexpected delay of its sale to M&T Bank.

Another Bank of America executive has joined Novantas, a maker of financial-analytics software for banks.

HarborOne Bank announced Wednesday that it will acquire Merrimack Mortgage Co. Terms of the transaction are undisclosed.

ST. JOSEPH, Mich. — United Federal Credit Union announced Friday its president/CEO as well as the $1.8 billion institution's board chairman are retiring.

The Los Angeles bank, which is in the process of being sold, vows to fight a Labor Department complaint that it overcharged employees for administering their retirement plan.

BOULDER, Col. — The "merger of equals" here between Premier Members FCU and Boulder Valley CU has crossed the final item off its "to do" list.

HARLAN, Iowa — Town & Country Credit Union, here, has chosen the Sharetec System as its new core processor.

HOUSTON — Houston Metropolitan Federal Credit Union said Barbara Stephens will retire after 23 years as its president and CEO, with Malcolm René scheduled to take the helm on June 1.

New York Gov. Andrew Cuomo and New York Superintendent of Financial Services Benjamin Lawsky today proposed new regulations for the title insurance industry, including restrictions on meal and entertainment expenses.

TOLEDO, Ohio — Toledo Metro FCU announced that Dan Zimolzak is the new president/CEO of the $40 million institution.

New York Community Bancorp in Westbury reported higher quarterly profit, though it continued to sell loans to stay below $50 billion in assets.

Pinnacle Financial Partners in Nashville, Tenn., has agreed to buy Magna Bank in Memphis, Tenn.

MADISON, Wis. — Filene Research Institute says it is seeking the "best and brightest minds" to participate in the latest incarnation of its i3innovation program.

MADISON, Wis. — In the wake of the devastating 7.9-magnitude earthquake that struck the poor Himalayan nation of Nepal over the weekend, the World Council of Credit Unions (WOCCU) is gearing up a fundraising campaign to aid credit unions in the region.

Flagstar Bancorp in Troy, Mich., beat expectations as it reported stronger mortgage volume in the first quarter. The company reported net income of $31.5 million in the first quarter versus a profit of $11.1 million in the previous quarter and a loss of $78.4 million a year ago.

AUSTIN, Texas — Jwaala, a provider of mobile and online banking solutions to U.S. financial institutions, Tuesday said it has signed its 100th client in the credit union space — Palisades Federal Credit Union, Pearl River, N.Y.