Americas

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.

Mark Sander, who has been with the company since 2011, succeeded Michael Schudder, who remains chairman and CEO.

Valley National will reinvent itself as Vast Bank over the next few months. The move is part of an effort to attract younger customers.

A spike in charge-offs in the third quarter stoked concerns about commercial real estate exposure. Shares in the Arkansas company rose after it reported its fourth-quarter results.

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.

John Milleson, who has led the company for 20 years, will retire after his successor is in place.