Americas

ST. PAUL, Minn. — Minnesota's Prize-Linked Savings Bill made another crucial step toward passage Thursday.

FirstBank in Lexington, Tenn., has agreed to buy Northwest Georgia Bank in Ringgold.

RANCHO CUCAMONGA, Calif. — Good news for stragglers — It's not the end of the world if you're not ready for the EMV liability shift that takes place on Oct. 1.

It's not just about the new name and brand. Vibrant CU, previously named DHCU, has embarked on a full-scale culture change, as well, seeking to create an enhanced member experience that will lead to deeper relationships that are more profitable for the member and CU alike.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Hanmi Financial has opened loan production offices in New York and Georgia.

First BanCorp in San Juan, Puerto Rico, has been released from a consent order with the Federal Deposit Insurance Corp.

Simmons First National in Pine Bluff, Ark., has agreed to buy Ozark Trust and Investment Corp. in Springfield, Mo.

The $129 million-asset bank said in a press release Thursday that Robert O’Donnell will remain its chairman even though he is retiring as CEO.

Hudson City Bancorp in Paramus, N.J., reported a staggering plunge in earnings after an unexpected delay of its sale to M&T Bank.