Florida

Community bankers say that reclassifying "reciprocal deposits" as a less risky type of deposit will help them to compete with large banks. Some deposit brokers are crying foul, arguing that the proposed legislation would put them at a competitive disadvantage. Observers, meanwhile, say the bill is so narrowly written that it would hardly affect competition.

Park National in Newark, Ohio, has agreed to pay $500,000 to settle Securities and Exchange Commission allegations that its loan-loss accounting underplayed credit problems at a troubled acquisition.

Pilot Bank in Tampa, Fla., has recruited Rita Lowman, the chief operating officer of C1 Bank in St. Petersburg, Fla., to be its COO.

Angel Medina has been promoted to chief executive at Gibraltar Private Bank and Trust in Coral Gables, Fla.

Raul G. Valdes-Fauli, president and chief executive of Professional Bank in Coral Gables, Fla., has died.

BankUnited in Miami Lakes, Fla., has named Citigroup technology veteran Julio Jogaib as its chief information officer.

TIAA will promote one of its own to chair its expanded bank after it buys EverBank Financial in Jacksonville, Fla.

CommunityOne Bancorp in Charlotte, N.C., has scheduled its annual meeting as it waits for regulators to sign off on its sale to Capital Bank Financial in Coral Gables, Fla.

Coastal Banking Co. in Beaufort, S.C., promoted Charles Wagner to president and hired Thomas Flournoy to be its new chief financial officer.

Sometimes the very challenges millennials introduce — whether it is seeking more benefits, demanding flexible schedules or asking for frequent feedback on performance — can turn banks into better places to work for employees of all ages.

HomeBanc's chairman and chief executive, Jerry Campbell, prefers not to be addressed as "Mr. Campbell." If an employee of any rank has a question, "Hey, Jerry" suffices.

Popular with employees: Competition is fierce in the office door decoration contest at Christmastime.

Popular with employees: Employees compete in roughly six cooking contests a year for the chance to win a $25 gift card and bragging rights. Each competition, which is judged by coworkers, has a theme, such as a pumpkin pie throw-down in the fall.

Popular with employees: Ice breakers during meetings include employees submitting something about themselves in advance, like a favorite song or movie, and then guessing whose is whose.

Fitness/wellness program: A personal trainer teaches classes twice a week at one of the bank's branches and is available to all employees for consultations.

City National, No. 43 in the overall ranking, is No. 6 in the category for banks with $3 billion to $10 billion of assets.

Stonegate Bank in Pompano Beach, Fla., has agreed to buy Insignia Bank in Sarasota, Fla.

ICBA Bancard has bought an agent bank portfolio from Fifth Third Bancorp in Cincinnati that carries about $98 million in credit card receivables.

TIAA in New York has agreed to buy EverBank in Jacksonville, Fla.

TIAA is in talks to buy EverBank Financial, the largest Florida-based lender by deposits, to expand in internet banking, a person familiar with the discussions said, who asked not to be identified because the negotiations are confidential.