Retail & Commercial

Associated Banc-Corp in Green Bay, Wis., has promoted Brent R. Tischler to the newly created position of director of retail banking.

The $1.7 billion-asset company disclosed in a regulatory filing Monday that it recently agreed to buy a 25% stake in ASC Trust Corp. in Hagatna.

The Consumer Financial Protection Bureau filed a lawsuit Monday against payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars' worth of illegal charges from consumer bank accounts.

Deutsche Bank Chief Executive Officer John Cryan said Germany's largest lender is abandoning plans for a new digital bank in the U.S., led by Henry Ritchotte, just months after it was announced.

First Federal Bank of Wisconsin in Waukesha has a new chief executive lined up.

Community banks are jumping at the chance to invest in local bond issues, realizing that such participation allows them to show their dedication to hometown causes.

Heartway Bancorp. in Wayland, Iowa, has agreed to buy Peoples State Bank in Winfield, Iowa.

It has been seven years, and it’s going to take about $16.1 million, but First Reliance Bancshares in Florence, S.C., says it is about to close a key chapter in its post-crisis recovery and is ready to ramp up growth.

In late April, blockchain evangelist Blythe Masters told a crowd in the London Docklands that banks could solve many of their problems if they embraced the transaction-processing technology.

First Bancorp in San Juan, Puerto Rico, has sold an insurance agency.