Americas

James Hackett, chairman of the board of directors at Fifth Third Bancorp, is stepping down.

Growth and geographic expansion have led Western Federal Credit Union to the decision to rebrand.

That is the message from North Carolina's banking commissioner and others who think the odds of preventing the rule are so low, and the amount of preparation needed to comply so great, that bankers should get real.

CO-OP Financial Services, a Rancho Cucamonga, Calif.-based financial technology company that provides services to credit unions, announced that two of its senior executives now have new assignments.

Educational Credit Union and Quest Credit Union on Wednesday said they combine in a "merger of equals" under the new name Azura Credit Union.

Citizens Financial Group will build a new office complex in Johnston, R.I., and consolidate about 3,200 workers at the location.

Peoples Bancorp in Marietta, Ohio, has obtained a $15 million credit line and has paid off an earlier loan.

Penns Woods Bancorp in Williamsport, Pa., has promoted Michelle Karas to chief operating officer.

Mountain Commerce Bancorp in Knoxville, Tenn., has added a former California community bank executive to its board.

Northwest Savings Bank's plan to shutter its branch in Pleasantville, Pa., has run into stiff opposition from the town's mayor.