Americas

NCUA announced that it has issued a federal charter to ELCA Federal Credit Union, making it the third such new charter for 2015.

The former operators of an online payday lending scheme in the Kansas City area will be banned from the consumer finance business under a proposed settlement with the Federal Trade Commission.

Should credit unions pay their directors? That's the question asked in a recent study from Filene Research Institute.

Premier Financial Bancorp in Huntington, W. Va., has agreed to buy First National Bankshares in Ronceverte, W. Va.

The board of directors at Parkside Credit Union announced that Janet B. Thompson will take over as the $87 million CU's president and CEO, effective July 13.

Suffolk Bancorp in Riverhead, N.Y. has promoted Anita J. Nigrel to executive vice president and chief retail officer, a newly created position, effective Monday.

First National Corp. in Strasburg, Va., has a new bank president. The $530 million-asset company said in a press release Monday that Dennis Dysart would also remain chief operating officer of First Bank.

National Bank Holdings in Greenwood Village, Colo., plans to repurchase as much as $100 million of its common stock.

Yadkin Financial in Elkin, N.C., will pay its former leader $2.2 million over the next year as part of an ongoing management transition.

First National Bankers Bankshares in Baton Rouge, La., has agreed to buy Independent Bankers' Bank of Florida for $1.9 million.