Location Root Tag

Village Bank and Trust Financial in Midlothian, Va., has raised nearly $9 million by selling shares to existing investors.

RYE, N.Y. — PepsiCo Employees Federal Credit Union will merge into USAlliance Federal Credit Union, here, effective March 28.

Retailers have been able to get credit card surcharge bans in California and New York thrown out by using an unusual legal argument based on the First Amendment. The wins are significant, but merchants still need to fight through a legal thicket before card surcharges become practical.

First West Virginia Bancorp in Wheeling has removed the interim tag from William Petroplus' title as president and chief executive.

Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company

First Interstate BancSystem in Billings, Mont., has agreed to buy Absarokee Bancorp. in Absarokee, Mont.

The $24 billion-asset company said in a press release Thursday that Robert Holmes will become president and chief executive of its St. Louis market on March 31.

The $969 million-asset company said in a press release Thursday that the Office of the Comptroller of the Currency had lifted a September 2010 consent order against First National Community Bank.

SAN DIEGO — The first-ever Commercial Mobile Deposit Capture (CMDC) launched here last month. The app will enhance credit union banking services for small business owners and account receivable vendors.

WATERLOO, Iowa — Monte Berg, SVP of finance at Veridian CU here is set to become the next CEO at the credit union.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy Grand Bankshares in West Palm Beach, Fla.

Atlantic Capital Bancshares in Atlanta has agreed to buy First Security Group in Chattanooga, Tenn.

ALEXANDRIA, Va. — NCUA is warning consumers about a new scam that mimics the agency's telephone number.

Southern Missouri Bancorp in Poplar Bluff has filed to sell $20 million in preferred stock it issued to the Treasury Department as part of the Small Business Lending Fund.

Amalgamated Bank of Chicago has sold its headquarters building for $35 million.

SUNRISE, Fla. — BrightStar Credit Union has named Michael Tomko as its president and CEO, replacing board member Dr. Colin Battle, who was serving as the interim CEO, and now returns to the board.

PLANO, Texas — Alkami Technology, Inc., a provider of digital banking solutions, said Syracuse, N.Y.-based Empower Federal Credit Union has selected the company's ORB Platform for digital banking.

TCF Financial in Wayzata, Minn., has a new president. The $19.4 billion-asset company said in a press release Tuesday that Craig Dahl had taken on the newly created post.

SEATAC, Wash. and TALLAHASSEE, Fla. — A new state credit union league partnership could provide better HR solutions for CUs everywhere, and it's all because one league staffer wanted to relocate.

BURBANK, Calif. — Three years ago Burbank Community Federal Credit Union rebranded itself as UMe Federal Credit Union. With a mobile-first product strategy, the $165 million CU has realized significant market gains, including a 30% jump in real estate lending.