Americas

LOC Federal Credit Union converted its core processing to Symitar Episys via a solution owned by Member Driven Technologies (MDT).

The Credit Union League of Connecticut (CULCT) has unveiled a new "consumer-focused" brand to increase CU awareness through a new website: www.ctcreditunions.org.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

Ameriana Bancorp in New Castle, Ind., which is being acquired by First Merchants in Muncie, Ind., lowered its second-quarter profit after it discovered the sale required a higher tax payment.

Jolina M. Sanchez faces trial for allegedly diverting over $300,000 in member deposits.

Bank of the West in San Francisco has sold its insurance subsidiary to an insurance brokerage.

Byron Thompson, chairman of Country Club Bank in Kansas City, Mo., has died.

Cordia Bancorp found an experienced leader to run its bank, and executive recruiters believe more companies could do the same as they try to train the next generation. One problem: Most retired CEOs seem content to sit on the sidelines after enduring the financial crisis.

BankUnited in Miami Lakes, Fla., has promoted Michael McClanahan to the newly created position of Orlando market president.

Bryn Mawr Bank in Pennsylvania has issued $30 million in subordinated debt.