New York

A prominent activist investor has pared back its stake in three banks.

PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.

Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.

Gene Bruyette, a co-founder of Keefe, Bruyette & Woods, the investment bank that became one of the most prolific advisors on bank merger deals, has died. He was 90.

OnDeck Capital, the New York-based online small-business lender, has obtained a $200 million revolving debt facility from Credit Suisse.

Flushing Financial in Uniondale, N.Y., made $12.3 million on a recent property sale, part of a series of moves as it restructures its balance sheet.

Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.

Bank of New York Mellon has named two women executives from the energy and technology sectors to its board.

CIT Group in Livingston, N.J., has promoted Steve Solk to president of consumer banking in California.

Bridge Bancorp in Bridgehampton, N.Y., is looking to raise $50 million by selling common stock.