Location Root Tag

First Midwest Bancorp in Itasca, Ill., will restructure its commercial banking group after a key executive retires.

Orient Bancorp. in San Francisco has a new president and chief executive.

Huntington National Bank in Columbus, Ohio, has announced plans to support Apple Pay.

Ocwen Financial has agreed to pay $150 million to New York regulators to settle allegations that it fudged foreclosure documents and said Monday that its founder and, executive chairman, William Erbey is stepping down after 30 years with the Atlanta company.

SPOKANE, Wash. — STCU closed out the year with the news that it hit the $2 billion-asset mark in November.

Regulators on Friday closed Northern Star Bank in Mankato, Minn., the 18th institution to fail this year.

Empire Bancorp in Islandia, N.Y., has raised $20 million in a private placement.

Simmons First National in Pine Bluff, Ark., has extended the termination date for its purchases of two banks due to delays securing regulatory approval.

The layoffs will take place across the $38 billion-asset bank's four-state service area in New York, Pennsylvania, Massachusetts and Connecticut, a spokesman for the bank confirmed.

First Guaranty Bancshares in Hammond, La., has postponed its initial public offering, citing "unfavorable market conditions."

OSHKOSH, Wis. — An unusual merger strategy here has been a roaring success as well as a learning experience for all parties involved.

COLUMBIA, S.C. — A campaign to boost usage of e-services not only hit the mark with clever marketing, but taught organizers some lessons about digital outreach.

LAS VEGAS — How difficult is it for marijuana businesses to maintain relationships with mainstream financial institutions? Just ask Jon Levine.

LAS VEGAS — Despite unprecedented levels of support for marijuana legalization in the United States, businesses that work with this budding industry repeatedly voice the same complaint: the inability to obtain and sustain banking relationships because pot is illegal under federal law.

TAMPA, Fla. — In an effort to encourage physical fitness among its membership and local community, GTE Financial CU has offered a cash incentive for individuals who exercise, lose weight and shed belly-fat.

SEATTLE — Verity Credit Union, a $432-million federally-insured state-charter, launched a program last year to further encourage the local popularity of bicycle riding.

Sentry Bank in St. Joseph, Minn., has lined up its next president and chief executive.

Disciplined pursuit of acquisitions and efficient management of a complex business model have earned Mick Blodnick, the retiring CEO of Montana's largest bank, a spot as one of American Banker's three community bankers of the year.

Northrim Bancorp in Anchorage, Alaska, has promoted Joe Beedle to president and chief executive.

The former Astoria chief, who died Sunday, took Astoria from a sleepy mutual to the fifth-biggest publicly traded thrift in New York. Engelke was also know for freely speaking his mind while maintaining strong relationships with fellow bankers.