Americas

ODESSA, Texas — A thief who used a forklift to steal a credit union's ATM last week apparently did not profit from the caper.

1st Capital Bank (FISB) in Monterey, Calif., has hired Michael Winiarski as its new chief financial officer.

The Federal Reserve Board has lifted enforcement actions against four financial companies.

The Office of the Comptroller of the Currency has lifted a regulatory enforcement action against First Security Group (FSGI) unit FSGBank.

A New Jersey appeals court ruled that debt buyers do not have to provide notice to consumers when debts are purchased and assigned but must prove they own the debt and the amount before they can collect. Further, electronic business records are sufficient for proof.

ALEXANDRIA, Va. — NCUA chairman Debbie Matz has informed CUNA and NAFCU that the comment period for the agency's risk-based capital proposal will not be extended, the trade associations report.

WILKES-BARRE, Pa. — Jim Payne, head of Wilkes-Barre City Employees FCU, was found dead at his home Monday from a gunshot wound.

Sun Home Loans in New Jersey named Theresa Trainum as its senior vice president and chief operating officer.

The Michigan company is buying Nortwestern Bancorp, fleshing out a major part of its franchise map. Though Northwestern's loan portfolio has been steadily shrinking, Chemical executives expect to generate double-digit loan growth from the seller's markets.

Royal Bancshares of Pennsylvania (RBPAA) in Narbeth has agreed to sell nearly $14 million in stock through private placements.