Americas

VSoft Corp. said Tuesday that Park Community Credit Union would use its technology for item capture in its branches.

Provident Financial Holdings Inc. in Riverside, Calif., is back in good standing with its regulator.

The Federal Reserve announced Tuesday that it has approved Bank of Montreal's application to acquire Marshall & Ilsley Corp. of Milwaukee, clearing the way for the deal to close July 31.

A California community bank will be among first financial institutions to participate in the government's $30 billion small-business loan program.

The $14 billion-asset Susquehanna said late Monday that it would pay $343 million for the $2.6 billion-asset Tower.

Provident Bank in Montebello, N.Y., announced Monday that longtime President and Chief Executive Officer George Strayton is retiring and that its board has hired former KeyCorp executive Jack Kopnisky to succeed him.

Shares of Hanmi Financial Corp. fell sharply Monday on news that the Los Angeles company is planning to raise roughly $75 million by selling shares of its common stock.

Now that its private-equity injection is almost a done deal, First BanCorp's natural next move would be to consolidate power in Puerto Rico. Unless it sells itself instead.

PBI Bank in Louisville, Ky., has announced that it expects to enter into a consent agreement with state and federal regulators that will require it reduce its loan concentrations, improve its asset quality and maintain capital levels above regulatory minimums.

Wisconsin credit unions are urging Gov. Scott Walker to strike a provision from the state's budget that would allow state-chartered credit unions to more easily convert to banks.