Location Root Tag

MOUNTAIN HOME, Idaho — Pioneer Federal Credit Union here has deployed video teller technology to its ATMs.

WASHINGTON — President Obama vowed to veto any future "unraveling" of the Dodd-Frank Act during his State of the Union address Tuesday night, further uniting Democrats against major changes to the law under the GOP-led Congress.

Cathay General Bancorp in Los Angeles has agreed to buy Asia Bancshares in New York.

The Louisiana company is the latest out-of-stater to move into the Sunshine State after buying a failed bank in the Florida Panhandle. First NBC's chief executive made it clear his company has more expansion in mind.

Regional banks M&T and Regions Financial continue to see healthy loan growth, but low interest rates (combined with their own special problems) are preventing them from translating it into higher profits.

PL Capital in Naperville, Ill., disclosed in a regulatory filing last week that it wants Joseph Palmer Jr. and John Yerkes Jr. to resign rather than stand for reelection at the $542 million-asset company's Feb. 10 annual meeting.

Bankwell Financial Group in New Canaan, Conn., has hired a new chief strategy officer.

M&T Bank in Buffalo, N.Y., reported a higher quarterly profit as lower expenses offset tighter margins.

The Office of the Comptroller of the Currency closed First National Bank of Crestview in Florida on Friday, marking this year's first bank failure.

Associated Banc-Corp in Green Bay, Wis., has agreed to buy Ahmann & Martin, a benefits consulting firm in Edina, Minn.

CMS Bancorp in White Plains, N.Y., is working through a material weakness unearthed by a recent audit.

Add hiring a new chief financial officer to Doral Financial's growing list of headaches. The $8 billion-asset San Juan, Puerto Rico, company disclosed in a regulatory filing Friday that Nancy Reinhard will resign as acting CFO and principal accounting officer.

Sunflower Financial in Salina, Kan., has canceled its planned purchase of First Western Financial in Denver. The $1.7 billion-asset Sunflower had agreed in September to buy the $688 million-asset First Financial.

Ten financial institutions, including four banks, will accept the new IDNYC card as a primary form of identification for new accounts. Community advocates hope the move will help more immigrants and unbanked individuals use banking products.

Franklin Financial Network in Franklin, Tenn., has filed for a $50 million initial public offering.

Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.

The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.

PrivateBancorp in Chicago reported higher quarterly profit as strong loan growth offset lower yields.

Bank of the Ozarks in Little Rock, Ark., reported a higher profit in the fourth quarter behind record net interest income.

PNC Financial Services Group in Pittsburgh reported flat earnings from a year earlier due to a slight drop in revenue and marginally higher costs.