Americas

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest rate limits.

The Virginia company cautioned that it expects lending to slow down this year.

The company will pay $93 million for Kinderhook Bank, which has a concentration of branches around Albany.

The company will top $1 billion in assets after it buys the parent of F&M Bank in Tomah, Wis.

Greenwoods Financial will have $270 million in assets when it buys Fox River Financial.

The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank.

The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December.

The Chicago-area credit union can now accept members who live or work in a variety of Illinois counties.

Coast-Tel Federal Credit Union is merging into Bay Federal Credit Union on Feb. 1 with the integration expected to be completed by midyear.