Americas

United Financial Bancorp in Glastonbury, Conn., is planning to close five branches and lay off the employees who work in them.

Legacy Bank of Florida in Boca Raton has been released from an enforcement action with state and federal regulators.

FNBK Holdings in Dallas has agreed to acquire the First National Bank of Kemp in Texas.

CORVALLIS, Ore. — The $885 million OSU Federal Credit Union here is making what it terms a "strategic move," switching from a federal to a state charter effective Jan. 1.

Valley National in Wayne, N.J., will use proceeds from a branch sale in New York City to offset costs tied to prepaying debt.

MainStreet Bank in Fairfax, Va., has raised nearly $13 million by issuing common stock.

Credit Karma has begun offering on-demand access to credit reports from Equifax.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.

LCNB Corp. in Lebanon, Ohio, has agreed to buy BNB Bancorp in Brookville, Ohio.

Jack Kopnisky of Sterling Bancorp in New York, which completed a major acquisition last year and has another in the works, is close to reaching his goal of creating a top earner. That effort, and the risks associated with it, make Kopnisky one of American Banker’s five community bankers to watch in 2015.