Americas

William Penn Bancorp in Levittown, Pa., is facing pressure from an activist to conduct a mutual conversion.

M&T is squeezing savings out of its newly purchased Hudson City Bancorp after fighting long and hard for regulatory approval. But it's also taking steps to keep Hudson City's customers from leaving, like offering higher rates on CDs in the New Jersey area.

Bank Leumi USA has hired two bankers from Citigroup, Elsa Burton and Craig Warden, to help lead its operations in Los Angeles.

Peoples Bancorp in Prairie Du Chien, Wis., has agreed to buy four branches in Wisconsin from FirstMerit.

Florida Credit Unions Shared Services announced a $602,776 patronage rebate and dividend to its participating CUs and stockholders in 2015.

OneUnited Bank, a minority-owned institution in Boston, will close two branches in California, or about a quarter of its total branch network.

Sequatchie Valley Bancshares in Dunlap, Tenn., has agreed to buy Franklin County United Bancshares in Decherd, Tenn.

Dime Community Bancshares has agreed to sell its headquarter building in Brooklyn for $12.3 million.

M&T Bank in Buffalo, N.Y., for the first time was able to report a full-quarter impact from its acquisition of Hudson City Bancorp, which took about three and a half years to complete because of regulatory challenges.

Investors are quickly choosing sides in a proxy battle at Financial Institutions in Warsaw, N.Y.