Americas

Albina Community Bancorp in Portland, Ore., has filed for bankruptcy.

Old Second Bancorp in Aurora, Ill., said Wednesday that its chief executive officer, William Skoglund, will retire at the end of this year. He will be succeeded by James Eccher, the company's chief operating officer.

COLUMBIA, S.C. — A new marketing campaign from Carolina Collegiate Federal Credit Union here is about a lot more than just being clever.

Hudson City Bancorp continues to reorganize its management team and board following the death of chairman and chief executive officer Ronald Hermance on Sept. 11.

Regulators have terminated an agreement with Preferred Bank in Los Angeles that required improvements to its data-security system.

Citizens Financial Group in Providence, R.I., has upgraded its education refinance loan product to enable college graduates to refinance federal student loans in addition to private student loans.

Park Cities Financial Group announced Wednesday that it is buying CU Bancshares in Dallas and its subsidiary, the $593 million-asset Town North Bank.

The $5.2 billion-asset company intends to use the proceeds from its sale of subordinated notes for general purposes, it said in a press release Wednesday.

Sun Bancorp in Mt. Laurel, N.J., has expanded its senior management team, hiring Patricia Schaubeck as executive vice president and general counsel.

U.S. Bank in Minneapolis will pay nearly $11,500 to a Native American couple in North Dakota to settle a lending-discrimination complaint with the Department of Housing and Urban Development.