Americas

Fort Atkinson, Wis. — Fort Community Credit Union on Thursday said it is preparing for the eventual retirement of chief executive Ronald Vogel by transitioning current Chief Operations Officer Susan Johnson to president.

Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.

Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.

First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.

First Republic Bank reported higher quarterly profit, though loan growth pushed the San Francisco company above $50 billion in assets.

Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.

ARLINGTON, Va. — Reports that Target is close to paying MasterCard nearly $20 million to reimburse credit unions and banks for the costs associated with the retailer's 2013 data breach is not good enough for one CU trade group.

HSBC has informed New Hampshire's Attorney General of a compromise of some records of current and former mortgage customers of its HSBC Finance unit. HSBC Finance is a nonbank lender, formerly known as Household Finance, that HSBC bought in 2003. The bank is in the process of winding it down.

KeyCorp in Cleveland reported a drop in first-quarter earnings as expenses and its provision for loan losses crept up.

Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.