Retail & Commercial

Franklin Savings Bank in Franklin, N.H., has tapped its chief operating officer to succeed Jeffery Savage, when he retires as CEO next year.

Europe’s largest debt collector announced plans to make more acquisitions as it looks to build its presence in credit management services.

Another institution helped push New York Community Bancorp to add cash to its bid, a filing disclosed. While Astoria's board was concerned about NYCB's plans for an aggressive balance sheet restructuring and capital raise, management believed the other suitor's offer had more execution risk.

California Republic Bancorp in Irvine has securitized $380 million of its prime auto loans.

The Connecticut Department of Banking claims a Native American tribe in Oklahoma is running two illegal high-interest loan operations but the tribe has won a delay in its battle against the imposition of $800,000 in penalties.

Tri-Valley Bank in San Ramon, Calif., said that its largest individual shareholder is making a bid to double his stake.

Finally released from a long-standing regulatory order, FNBH in Michigan is looking forward to ramping its lending, expanding its capabilities in wealth management and moving forward on plans to revamp its core processing system.

California Republic Bancorp in Irvine has securitized $380 million of its prime auto loans.

Rockhold, Brown & Co. Bank in Bainbridge, Ohio, has tapped its chief financial officer to succeed Bill Hubbard as chief executive.

Some mortgage investors are refusing to buy home loans that are at risk of violations of new consumer-disclosure rules. The problem appears to be worst among nonagency jumbo loans purchased by private investors.