Americas

BankMobile, the fee-free, digital-only offshoot of Customers Bancorp in Wyomissing, Pa., is launching a technology development division called BankMobile Technologies.

CIT Group in New York has formed a joint venture with the private equity firm TPG Capital to provide commercial lending.

Avadian Credit Union in Birmingham, Ala., has agreed to buy American Bank of Huntsville in Alabama.

Eagle Bancorp Montana in Helena has appointed a building contractor and real estate developer to its board.

Northfield Bancorp in Woodbridge, N.J., has agreed to buy Hopewell Valley Community Bank in Pennington, N.J.

Tim Colvin used to make consumer loans at Community Trust Bank. Now, as the bank's "dream manager," he spends his workday counseling the bank's employees on everything from figuring out how to adopt a baby to landing their ideal job.

Many of the bank's policies bubbled up through meetings of the Employee Excellence Council, a group of roughly 50 volunteers — from tellers to senior vice presidents — that offers input on benefits, working conditions and anything else that comes to mind.

Tri-Valley Bank in San Ramon, Calif., plans to raise $1.35 million in a private placement of its common stock.

Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.