EMEA

The Federal Reserve recently announced that it had released five community banks from enforcement actions.

The former chief executive of a Georgia community bank that participated in the Troubled Asset Relief Program was sentenced to prison and fined $3.9 million for hiding the bank's past-due loans and committing other fraud.

Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.

There's nothing like the threat of a corporate relocation to prod government economic development officials into action.

The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.

SunTrust Banks in Atlanta has committed $50 million to a credit facility for the online small-business lender Credibly.

Atlantic Capital Bancshares in Atlanta has formed a lending division to focus on the emerging film and entertainment industry in Georgia.

Zions Bancorp. has purchased the former Atlanta home of its chief financial officer, Paul Burdiss, for about $1.7 million.

The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.

United Community Banks in Blairsville, Ga., reported little change in its fourth-quarter profit, as costs from its acquisition of Palmetto Bancshares ate into lending revenue and fee income.