Americas

KeySavings Bank in Wisconsin Rapids, Wis., has promoted a vice president to chief executive.

East West Bancorp in Pasadena, Calif., paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to an acquisition of a failed bank.

Colony Bankcorp in Fitzgerald, Ga., has redeemed about a quarter of its shares in the Troubled Asset Relief Program.

Emclaire Financial in Emlenton, Pa., has agreed to buy United-American Savings Bank in Pittsburgh for $14.1 million.

Capital Bank CEO Eugene Taylor took a three-year break from acquisitions until agreeing to buy CommunityOne earlier this year. Taylor hopes the deal provides evidence that his team is a buyer – not a seller – in the year ahead.

CNB Financial in Clearfield, Pa., has agreed to buy Lake National Bank in Mentor, Ohio.

The $390.1 million-asset company said in a press release Tuesday that it has agreed to sell common stock to institutional investors led by Patriot Financial Partners.

Cortland Bancorp in Cortland, Ohio, is set to add a pair of former bankers to its board.

Calumet Bancorp. in Chilton, Wis., has agreed to buy Calumet Bancshares in Brillion, Wis.

The $1.3 billion-asset company said in a press release that CEO Stephen Wilson will retire at the end of the year.