Americas

State Bank Financial in Atlanta reported a decline quarterly profits as the accounting benefits related to its failed-bank purchases continued to wane.

New York Community Bancorp wants Washington to raise the asset size for systemically important financial institutions, but in the meanwhile its asset sales to stay under the threshold helped to boost profits and its CEO is pursuing possible M&A deals.

Umpqua Holdings in Portland, Ore., fell short of Wall Street expectations for the fourth quarter because of a decline in fee-based income.

TAMPA, Fla. — A new credit union gaming app is slated to show up in both Apple and Google app stores as early as Feb. 28 as a result of GTE Financial CU's inaugural "Got Game" competition.

Ameris Bancorp in Moultrie, Ga., has has agreed to buy Merchants and Southern Banks of Florida in Gainesville, along with a number of Bank of America branches.

Alamogordo Financial Group in New Mexico has split the roles of president and chief executive.

JOHNSON CITY, Tenn. — Johnson City FCU here has a new name, reflecting its expansion from serving members in just one county in Tennessee to seven counties throughout the Northeast Tennessee and Southwest Virginia region.

LAS VEGAS — The longtime head of Clark County Credit Union plans to retire this summer, Credit Union Journal has learned.

First Horizon successfully lobbied for a lower exchange ratio for its purchase of TrustAtlantic in North Carolina after four commercial lenders left the seller to open an office for another bank.

UMB Financial in Kansas City, Mo., reported lower quarterly profits after taking a loss on certain alternative investments.