Americas

Private Bank of the Peninsula in Palo Alto, Calif., said Friday it has changed its name to Avidbank.

Credit unions in Arizona, Colorado and Wyoming have voted to combine their three state credit union leagues, the latest consolidation of state trade associations.

PVF Capital Corp. in Solon, Ohio, has retired a five-year-old debt that will save the company $2.5 million a year.

Credit Union of Atlanta has named Sheilah Montgomery, the former president of 1st Choice Credit Union, as its president and chief executive.

Southern Community Financial Corp. in Winston-Salem, N.C., has revised its Dec. 31 results downward to reflect an addition to its valuation allowance against deferred tax assets.

Luzerne National Bank Corp. in Luzerne, Pa., has agreed to buy a branch from CCFNB Bancorp Inc. The $280 million-asset company will also get $17.1 million of deposits located around Hazelton, Pa., according to a Friday filing with the Securities and Exchange Commission.

Donegal Financial Services Corp. in Marietta, Pa., has once again pushed back its deadline to buy Union Financial Corp. of Lancaster, Pa.

NetSpend Holdings Inc. is continuing to expand distribution of its prepaid cards through automobile insurers with a marketing agreement it announced on Thursday.

Evolve Financial Group Inc. in West Memphis, Ark., said its bank has added a Small Business Administration division.

The Office of the Comptroller of the Currency said Thursday that it fined Pacific National Bank in Miami $7 million for violating anti-money-laundering rules.