Americas

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.

Heritage Financial in Olympia, Wash., has agreed to an early termination of its Federal Deposit Insurance Corp. loss-share agreements for its purchase of two failed banks in 2010.

Metrum Community Credit Union, a $60-million institution based in Centennial, Colo., announced that its application for a community charter was approved by the board of the Colorado Division of Financial Services.

BB&T will dismiss most of a 21-person small business lending group who had been employed by Susquehanna Bancshares.

Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.

Blue Valley Ban Corp. in Overland Park, Kan., has obtained regulatory approval to redeem its Troubled Asset Relief program preferred shares.

Prosperity Bancshares in Houston has ended a short, self-imposed break from acquisitions, agreeing to buy Tradition Bancshares in Houston.

Intuvo, a division of CU Direct that provides marketing automation software to the credit union industry, announced that it has entered into new partnership agreements with four credit unions.