Americas

John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank.

The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce.

The New York-based credit union has returned more than $7.6 million to members since 2003.

Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.

The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.

Loan growth in both states exceeded the national average through the first half of the year, along with improvements in delinquencies and average assets.

Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.

City of Boston Credit Union also expanded its field of members earlier this year. The moves are part of a long-term growth strategy to remain competitive.

In a push to be on the leading edge of technology, Tennessee-based Enrichment Federal Credit Union launched a service through Amazon's Alexa by first making sure employees knew what to do.

In a plea agreement, Kam Wong consented to forfeit and repay more than $9.8 million embezzled from the New York credit union. He is scheduled to be sentenced in April 2019.