Americas

Struggling North Milwaukee Bancshares is asking its home city for a cash infusion, but the city has so far been reluctant to make a commitment.

Metro Bancorp (METR) in Harrisburg, Pa., is facing pressure from an investor to sell itself.

Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.

WASHINGTON — House Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House — one that's likely to leave its imprint on the credit union community and the banking industry.

WASHINGTON — CUNA has named Mike Schenk interim chief economist to support Bill Hampel, who has temporarily vacated that post to serve as the trade group's interim president and CEO.

DAHLGREN, Va. — Bruce Six is the new CEO at $315 million NSWC Federal Credit Union.

The North Carolina company will pay more than $637 million for First Citizens Bancorp., a South Carolina bank. Both companies are majority owned by the Holding family.

Peoples Bank of Indianola in Iowa has agreed to buy Pleasantville State Bank in Iowa.

The $1 billion-asset company disclosed in a regulatory filing Tuesday that it sold Tri-State General Insurance Agency to an unnamed buyer for $2.9 million.

ATLANTA — Credit unions considering sending employees to a health insurance exchange and reimbursing them with tax-free contributions are likely rethinking those plans.