Simmons First National in Pine Bluff, Ark., has agreed to an early termination of its federal loss-share agreements for its acquisition of four failed banks.

Alliance Data Systems has agreed to work with Toyota on a new line of private-label credit cards and to manage the Japanese automaker's existing co-branded card program.

Peoples Community Bank in Greenville, Mo., has agreed to buy Cabool State Bank, also in Missouri.

PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.

BCB Bancorp in Bayonne, N.J., has commenced a public offering of $40 million of its common stock.

A breakdown of M&A announcements in the financial services industry for the week ended September 12.

Banks are closing branches and relying more heavily on technology to serve customers. Concerns that online and mobile banking don't reach all customers could leave banks open to allegations of discrimination.

Citigroup has agreed to sell its retail banking and credit card businesses in the Czech Republic to Austria's Raiffeisenbank.

Deutsche Bank, Germany's largest lender, is considering cutting about 23,000 jobs, or almost one quarter of its workforce, Reuters reported, citing unidentified people in the finance industry.

There were doubts that CommunityOne could survive in 2011, even with the help of private equity and cooperation from regulators. Four years later, the North Carolina company is again profitable and healthy enough to consider acquisitions.

State Bank Financial in Atlanta has reduced its workforce by consolidating several company departments, as it pivots away from failed-bank loss-share agreements and looks to acquire healthy banks.

Two community banks — Community Bankers Trust in Richmond, Va., and Charter Financial in West Point, Ga. — have reached early terminations of loss-share agreements with the Federal Deposit Insurance Corp.

Bank of Montreal, Canada's fourth-largest lender, has agreed to buy General Electric's transportation finance business in the U.S. and Canada.

Under a federal corruption probe and facing financial and performance issues, United Airlines has picked ex-KeyCorp CEO Henry Meyer as its new chairman. He'll have to draw on the crisis-management skills he sharpened while leading KeyCorp through the financial crisis.

SmartFinancial in Knoxville, Tenn., has appointed a chief credit officer for its newly acquired Cornerstone Community Bank.

Orchard Platform, which provides services to institutional investors in the marketplace lending industry, has raised $30 million in additional funding.

Huntington Bancshares in Columbus, Ohio, has agreed to sell about $1.1 billion of money market fund assets to Federated Investors in Pittsburgh.

Iron Mountain, the leading provider of document storage, is buying its main rival. If the merged company tried to raise prices, it might be the final straw that motivates banks to shift data storage to the cloud.

FNB Bancorp in South San Francisco, Calif., has acquired America California Bank in San Francisco.

Bridgewater Bancshares in Bloomington, Minn., has raised $15 million from the private-equity firm Castle Creek Capital.