Location Root Tag

First Busey in Champaign, Ill., has agreed to buy Herget Financial in Pekin, Ill.

DAYTON, Ohio — Thomas Newton has been named the new president and CEO of Dayton Firefighters FCU.

Putnam County Savings Bank in Brewster, N.Y., has agreed to buy CMS Bancorp in White Plains, N.Y.

The $820 billion-asset company disclosed in a regulatory filing Clifton Painter retired as its chief operating officer and chief credit officer on Sept. 22. Painter agreed to remain a consultant for the next two years.

AmeriServ Financial in Johnstown, Pa., will take several charges in coming quarters, including one tied to litigation and client loss in its investment advisory business.

The private equity firm of Texas billionaire Gerald J. Ford, is planning a tender offer for up to 65% of Mechanics Bank in Walnut Creek, Calif. If completed, the deal would be the first deployment of the $755 million that Ford's fund raised last year.

How banks are using online and classroom courses to teach young commercial lenders to stay on top of regulatory and market changes.

Highlands Bancorp in Vernon, N.J., has lined up its next chief executive.

Credit Union Executive Society in Madison, Wis., is mourning the passing of industry veteran Franck Schuurmans.

ST. PETERSBURG, Fla. — Six semi-finalists have been selected in PSCU's 2014 KnockOut Innovation Summit.

New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.

WEST JORDAN, Utah — Police here are on the hunt for a man who allegedly displayed a bomb while robbing a branch of University First FCU here on Wednesday morning.

First Citizens BancShares in Raleigh, N.C., will add three directors after it completes its acquisition of First Citizens Bancorp. in Columbia, S.C.

Sunflower Financial is adding loans and growing in Denver. First Western Financial has tepid loan growth, but its prowess in private banking is enviable. Casual talks between their CEOs led them to the realization they could build on each other’s strengths.

Urban Partnership Bank in Chicago has lured a former Citibank executive out of retirement to lead its consumer banking operations.

LAS VEGAS — While nine hopefuls entered, five credit unions with innovative, forward-looking technology solutions were recognized with awards here during the 2014 CUNA Technology Council and Operations, Sales and Service Council Conference earlier this week.

First Connecticut Bancorp in Farmington is expanding into Massachusetts.

NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.

Hawaii National Bancshares in Honolulu is planning to buy out the holdings of its minority shareholders.

WASHINGTON — The Consumer Financial Protection Bureau has agreed to ramp up its security policies on data collection in response to a recent Government Accountability Office report that raised nearly a dozen recommendations on the topic.