Americas

A former president and chief executive of a Tennessee bank is going to prison for bank fraud.

Carolina Premier Bank hopes its blend of Southern charm and robust technology (robotic bankers, anyone?) will be a hit with residents in the nation's capital.

Virginia Heritage Bank (VGBK) in Tysons Corner raised $22 million in its recent public offering.

The Treasury Department plans to sell its stake in eight more institutions as it seeks to continuing winding down the 5-year-old Troubled Asset Relief Program.

Another FBR bank analyst is leaving the northern Virginia boutique to pursue a career in investor relations. Brett Scheiner has left FBR to become the investor relations officer for Popular Inc. (BPOP) in San Juan, Puerto Rico.

First Merchants (FRME) in Muncie, Ind., has reduced its ties to the Treasury Department's Small Business Lending Fund.

Serial acquirer Grandpoint Capital has agreed to buy Gilmore Bank. Both are in Los Angeles.

First ULB (FUBP) in Oakland, Calif., has agreed to buy Union Financial in Albuquerque, N.M.

Home Savings Bank in Madison, Wis., is planning to convert from a mutual thrift to a stock-owned company.

Wintrust Financial, a community bank holding company in Illinois, is piloting an app that lets customers pre-order cash at ATMs.