Americas

GNB Financial Services in Gratz, Pa., has agreed to buy FNBM Financial in Minersville, Pa.

MainStreet Bank (MNSB) in Fairfax, Va., reported higher profits on double-digit loan and deposit growth in the second quarter.

Plaza Bank (PZBW) in Seattle has raised $4.2 million through a stock offering. The $79 million-asset bank said in a press release Thursday that unnamed individual investors participated in the offering.

Investar Holding (ISTR) in Baton Rouge, La., raised more than $40 million from its initial public offering.

UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.

MBT Financial (MBTF) in Monroe, Mich., has been freed from a consent order under which it had been operating for the last four years.

MADISON, Wis. — Credit union lending continues to improve, with loan portfolios rising by 1.2% in May, the biggest monthly increase in nine years, according to CUNA's monthly sample of CUs.

Sun Bancorp (SNBC) in Mount Laurel, N.J., will eliminate nearly 40% of its work force as part of a major cost-cutting effort.

ALEXANDRIA, Va. — NCUA has terminated its Letter of Understanding and Agreement with Valley Pride FCU of Plains, Pa.

LAS VEGAS — Offering members credit monitoring after a data breach is akin to a smoke alarm defense to fraud — the fire has already started.