Americas

A New Jersey investor has received approval from the Federal Reserve to significantly boost its stake in MSB Financial in Millington, N.J.

HomeTrust Bancshares in Asheville, N.C., has agreed to buy United Financial of North Carolina, a municipal lease finance company based in Fletcher, N.C.

OnDeck Capital, the New York-based online small-business lender, has obtained a $200 million revolving debt facility from Credit Suisse.

Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.

A California bank is planning to add mortgages and home equity lines to its product set.

SmartFinancial in Knoxville, Tenn., has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta.

Lakeland Bancorp in Oak Ridge, N.J., has filed the paperwork to sell up to $50 million shares of common stock.

The $22 billion-asset company said in a press release Thursday that it is looking to sell 8.4 million shares of common stock, though it could sell another 840,000 shares if there is enough demand.

There's been a rapid growth of cross-border payments and remittance startups, and CIBC responded with a major project designed to streamline transactions.

First Bancshares in Hattiesburg, Miss., has exited the Troubled Asset Relief Program, thanks partly to an assist from another bank.