Americas

Quaint Oak Bancorp in Southampton, Pa., has bought the rights to a portfolio of personal and commercial insurance policies.

A BB&T unit that finances power equipment has a new president.

Old National in Evansville, Ind., reported higher quarterly profit due to securities gains and loan growth tied to its purchase of Anchor BanCorp Wisconsin.

Monona State Bank in Wisconsin has agreed to buy MBC Bankshares in Middleton, Wis.

Four years after the first states legalized marijuana, most bankers still want nothing to do with it.

Banco do Brasil, the largest bank by assets in South America, wants to make more of a name for itself in the United States. It expects a new online banking platform to help draw mainstream consumers, and says an expansion from South Florida into the Northeast is likely.

Provident Financial Services in Iselin, N.J., reported relatively flat quarterly results as lower fees offset loan growth.

Columbia Banking System in Tacoma, Wash., reported higher quarterly profits that reflected increased lending.

TFS Financial in Cleveland posted a double-digit profit increase in the quarter that ended June 30 thanks to a combination of improved credit quality and lower expenses.

Count BBVA Compass as another bank that has suffered this year from bad energy loans.