Americas

Regions Financial in Birmingham, Ala., should save some money after deciding against filling a soon-to-be-vacant executive post.

Northwest Bancshares in Warren, Pa., has promoted two executives and eliminated a pair of high-level positions.

First Bancorp in Southern Pines, N.C., will close 10 branches in three states.

Mid Penn Bancorp in Millersburg, Pa., has agreed to buy Phoenix Bancorp in Minersville, Pa.

Premara Financial in Charlotte, N.C., has named an interim president after the abrupt departure of its long-time leader.

First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.

Boards at community banks are being asked to have greater oversight of cybersecurity issues as data breaches continue to mount. The challenge is balancing such work with other demands.

The $184 billion-asset company said in a press release Wednesday that Ricky Brown had taken the reins at Branch Bank & Trust.

Flagstar Bancorp is negotiating with the Consumer Financial Protection Bureau over potential violations in the Troy, Mich., company's default servicing business.

Blackhawk Bancorp in Beloit, Wis., has a new president.