Americas

Community Bank Shares of Indiana in New Albany has changed its name to Your Community Bankshares.

A recent study by Cornerstone Advisors suggests CUs are overpaying for debit processing payments, but some CUSOs and other processors disagree.

Farmers Bank & Trust in Great Bend, Kan., has agreed to sell certain assets of its mortgage division to Prospect Mortgage in Sherman Oaks, Calif.

First Merchants Corp. in Muncie, Ind., has agreed to buy Ameriana Bancorp in New Castle, Ind.

Citizens Community Bank in South Hill, Va., has redeemed about 75% of its outstanding preferred stock in the Small Business Lending Fund.

Juniata Valley Financial in Mifflintown, Pa., has agreed to buy FNBPA Bancorp in Port Allegany, Pa.

Porter Bancorp in of Louisville, Ky., has adopted a plan to preserve the value of its deferred tax benefits, designed to allow the company to continue the use of net operating loss carryforwards.

MidSouth Bancorp in Lafayette, La., has promoted the son of Chief Executive Rusty Cloutier to president of MidSouth Bank.

First Bancorp in Southern Pines, N.C., has redeemed about half of its shares in the Small Business Lending Fund.

USAA is the lead investor in a venture-capital funding round for a developer of mobile applications for automobiles.