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Webster Financial in Waterbury, Conn., reported an increase in quarterly profit on the strength of its loan growth.

PrivateBancorp in Chicago reported higher earnings in the third quarter primarily thanks to loan growth.

SAN DIEGO — Volunteer directors have many duties at their credit unions, but according to NCUA Vice Chairman Rick Metsger one of the most important is being a watchdog for the CU.

BB&T in Winston-Salem, N.C., reported higher quarterly earnings despite flat revenue.

Fifth Third Bancorp in Cincinnati reported lower earnings because of a decline in mortgage revenue and a negative valuation adjustment on a payments subsidiary.

Profits at Umpqua Holdings in Portland, Ore., rose in the third quarter, on gains from its recent acquisition of Sterling Financial.

Patriot National Bancorp in Stamford, Conn., will recognize a one-time gain of $16.6 million in third quarter profits, due to the partial reversal of its valuation allowance for deferred tax assets.

Westamerica in San Rafael, Calif., reported lower quarterly earnings largely because of a narrower net interest margin.

AmericanWest Bank in Spokane, Wash., has agreed to buy the $468 million-asset Bank of Sacramento in California for $60 million in cash.

WYOMISSING, Pa. — Patricia Zyma has been named president and CEO of Utilities Employees CU here, succeeding recently retired CEO Glen Yeager.

Bank of the Ozarks in Little Rock, Ark., reported a rise in third-quarter profits as net interest income reached a record high and provisions for bad loans fell.

Commerce Bancshares in Kansas City, Mo., reported stable third-quarter earnings as margin compression offset loan growth.

PNC Financial Services Group in Pittsburgh reported higher third-quarter profit on an increase in fee income and loan growth.

KeyCorp in Cleveland reported lower third-quarter earnings as revenue slumped and its net interest margin fell.

Lake City Bank in Warsaw, Ind., is planning to add three Indianapolis branch locations in roughly the next 15 months.

MetaBank in Souix Falls, S.D., has agreed to buy the operations of AFS/IBEX Financial Services, an insurance premium finance company in Dallas.

Fifth Third Bancorp has repurchased nearly 11.3 million shares of its stock from Morgan Stanley.

BB&T was not the first choice for Bank of Kentucky when it negotiating to sell itself. But when two preferred suitors failed to provide revised draft terms to Bank of Kentucky by an Aug. 11 deadline, it opened a window for BB&T.

Metro Bancorp in Harrisburg, Pa., which has been under pressure from several investors, is taking steps to improve earnings and shareholder returns.

SCOTTSDALE, Ariz. — Weldon "Butch" Leonardson, a former credit union VP, has been selected to lead Cornerstone Advisors' new IT leadership development efforts.