Americas

The Iowa Credit Union League has launched a new website that features "new and improved functionality" and resources for the trade association's member credit unions.

Hancock Holding in Gulfport, Miss., reported lower second-quarter profit, citing higher incentive pay for employees and lower yields on both loans and securities.

National Penn Bancshares in Allentown, Pa., said its second-quarter profit improved as increased real estate lending offset higher expenses.

F.N.B. in Pittsburgh reported higher second-quarter profit as it booked more commercial real estate and business loans.

First Interstate BancSystem in Billings, Mont., will soon have a new chief executive.

The $1.7 billion-asset First State expects its deal for $264 million-asset Central to close before the end of the year.

The board of directors of Municipal Employees Credit Union (MECU) here announced that it has appointed John M. Hamilton as president and chief executive officer. Hamilton had been serving as the interim CEO since March 2015.

Renee Nash was named to the $155 million-asset bank's board Monday. Folsom Lake's board has varied in number over the years, between nine and 12 members. The bank currently has 10 directors.

Huntington Bancshares in Columbus, Ohio, reported higher quarterly in profit that reflected higher in mortgage banking fees and steady loan growth.

Eagle Bancorp in Bethesda, Md., exceeded analysts' expectations for the second quarter.