Illinois

Centrue Financial in Ottawa, Ill., has sold $35.2 million in classified loans and other assets.

DECATUR, Ill. — Land of Lincoln CU has absorbed the former Sangamo Chapter CU and now offers products and services to all those who live or work in Sangamon County, Ill.

NAPERVILLE, Ill. — The Illinois CU League and ICUL Service Corporation (LSC) have announced a new alignment that they believe will help both organizations grow and innovate.

The American Bankers Association has added 12 banks to community banks indexed and listed with the Nasdaq stock exchange.

ALEXANDRIA, Va. — NCUA has banned five former credit union employees from participating in the affairs of any federally insured financial institution.

Royal Financial in Chicago has agreed to buy PNA Bank in Chicago.

CHICAGO — Despite much interest in ApplePay and other emerging opportunities, credit unions still see auto loans as the growth area heading into 2015, according to a recent TransUnion survey.

Harvard Illinois Bancorp in Harvard, Ill., which recently disclosed that it had been exposed to a fraud scheme involving certain investments, has hired an investment bank to help it "evaluate strategic alternatives."

Bank of America and U.S. Bank are nearing a settlement agreement with a Chicago pension fund over charges that the banks failed to protect investors from losses during the financial crisis.

EDWARDSVILLE, Ill. — Scott CU here announced it has surpassed the $1 billion mark in assets.

MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.

Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.

First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.

Northern Trust in Chicago reported slightly lower third-quarter profits, as an increase in fee-based income was offset by higher operating expenses.

First Midwest Bancorp in Itasca, Ill., reported a significant decline in quarterly earnings on costs tied to two acquisitions.

Wintrust Financial in Rosemont, Ill., reported third-quarter earnings of $40.2 million, as increases in interest and fee income were partially offset by heavier expenses.

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

Wintrust Financial in Rosemont, Ill., has agreed to buy Delavan Bancshares in Wisconsin.

The $171 million-asset company said in a press release Wednesday that it was recently informed that certain loans used to back its investment in repurchase agreements may be fraudulent.