Americas

The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.

Dime Community Bancshares in Brooklyn, N.Y., said Friday that it has promoted Roberto Volino to chief operating officer.

United Community Bancorp in Lawrenceburg, Ind., has named a new chief financial officer.

Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.

Highlands Bancorp in Vernon, N.J., has raised $8.5 million through a sale of common stock.

Regions Financial President and CEO Grayson Hall and the CEO of a Miami bank have been elected to the board of the Federal Reserve Bank of Atlanta.

Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations.

Sussex Bancorp in Rockaway, N.J., has raised $15 million by selling fixed- to floating-rate subordinated notes to an institutional investor. It did not name the investor.

FirstBank in Lakewood, Colo., named the successors to its CEO and president, who are both retiring after holding those titles for 17 years.

Equity Bancshares in Wichita, Kan., has raised $35.4 million in a common stock offering and plans to use the proceeds to pay down a line of credit and support growth.