Americas

First Foundation in Irvine, Calif., has begun an initial public offering to raise up to $100 million.

AJS Bancorp in Midlothian, Ill., has given its chairman and chief executive the additional title of chief financial officer.

Digital Federal Credit Union of Marlborough, Mass., and USAlliance Federal Credit Union of Rye, N.Y., have launched new mobile banking apps that feature integration with wearable devices.

Summit Credit Union of Madison, Wisconsin announced that it has completed its merger with Educational Employees Credit Union (EECU) of Janesville, Wis.

CIT Group has completed its acquisition of OneWest Bank in Pasadena, Calif.

Glacier Bancorp in Kalispell, Mont., has agreed to buy Cañon National Bank in Cañon City, Colo., for $31.8 million.

CUES on Friday said the 2015 CUES Next Top Credit Union Exec challenge has been narrowed to the Top 15 applicants.

Investors Bancorp in Short Hills, N.J., reported higher second-quarter profit on expanded multifamily, commercial real estate and business lending, as well as lower expenses.

TFS Financial in Cleveland reported lower second-quarter profit due to increased expenses for a range of matters, including personnel costs.

Valley National in Wayne, N.J., reported an increase in second-quarter earnings on expanded commercial real estate and business lending.