Americas

Westbound Bank in Katy, Texas, has promoted Troy England, chief lending officer, to president.

MADISON, Wis. — CUNA Mutual Group and state CU leagues represented by the American Association of Credit Union Leagues have agreed to a three-year $64 million marketing contract expected to go into effect on Jan. 1, 2016.

Harvard Illinois Bancorp, which has struggled with persistent activist pressure and exposure to a fraud scheme, is preparing to wind down its operations.

New York Community Bancorp Inc. Chief Executive Officer Joseph Ficalora didn't have to pay taxes on $2.84 million in restricted stock he collected last year. His company picked up the tab.

Fidelity Southern in Atlanta has agreed to buy the Florida branch network of First Banks Inc. of Clayton, Mo.

Personal incomes have stagnated, consumer prices are on the rise, new home sales are declining and falling energy investments are dragging the economy down. But according to the latest CUNA Mutual Trends Report, things aren't quite bad as they seem.

Wells Fargo has named Rohan Kalbag head of commercial banking for northern California. Kalbag was the sales manager for commercial banking in California, Oregon, and Washington for Wells.

Polonia Bancorp in Huntingdon Valley, Pa., has hired Joseph Svetik as its president and chief executive. Svetik recently served as a director of JTNB Bancorp and, before that, had been president and CEO of ESSA Bancorp.

Isabella Bank in Mt. Pleasant, Mich., has agreed to buy a branch from Independent Bank in Grand Rapids, Mich.

The Federal Reserve Bank of St. Louis said hackers succeeded in directing traffic from its popular economic-data websites in April to phony pages where they may have attempted to steal user names and passwords.