Americas

American Founders Bank in Lexington, Ky., has agreed to sell itself to a real estate developer.

SmartFinancial in Pigeon Forge, Tenn., has hired a chief experience and strategy officer, ahead of its planned acquisition of Cornerstone Bancshares in Chattanooga, Tenn.

Royal Bancshares of Pennsylvania in Narberth has agreed to purchase a branch in Delaware County, Pa., from First CornerStone Bank.

Beneficial Bancorp in Philadelphia has hired a former Susquehanna Bank executive as a consultant.

Redwood Credit Union recently earned the highest mark on Glatt Consulting's Credit Union Industry HealthScore.

Valley National Bancorp in Wayne, N.J., is planning to issue a combined $200 million in preferred stock and debt.

NCR in Duluth, Ga., may be a target for a possible takeover by private equity firms Blackstone Group and Carlyle Group.

First Reliance Bancshares in Florence, S.C., is again current on its dividends tied to the Troubled Asset Relief Program.

NCUA plans to propose new data security rules for credit unions that would include requiring encryption or password protection for sensitive member data during examinations.

Zions Bancorp. in Salt Lake City has sold its remaining collateralized debt obligations.