Retail & Commercial

ROCKY HILL, Conn. – Nutmeg State FCU has opened two more grocery store ATM locations inside Price Choppers in Southington and Bristol.

EUGENE, Ore. – Oregon Community CU has installed a touch-screen, drive-up ATM at its Springfield branch that does not require a deposit slip or envelope when making a deposit.

WASHINGTON — The Federal Reserve Board said Tuesday it would not adjust its cap on interchange fees, leaving it at 21-cents per transaction.

SunTrust Banks (STI) will close around 40 branches this quarter as it continues its efforts to rein in costs, its chief executive said Tuesday.

Private-equity firm Fortress Investment Group began to fulfill a long-range ambition when two of its affiliates – including Springleaf – agreed to pay HSBC $3.2 billion for a portfolio consumer loans.

The $1 billion-asset Pacific Mercantile said Tuesday that it would sell $2.2 million shares of common stock to private equity firm Carpenter Funds for roughly $14.8 million.

SI Financial Group (SIFF) in Willimantic, Conn., will buy Newport Bancorp (NFSB) in Rhode Island for roughly $61.3 million.

C1 Bank in St. Petersburg, Fla., has recruited the state's former top financial official to its board.

CEO Michael Corbat said Tuesday that the company's future lies in certain key emerging markets, but he also suggested that Citi could pull out of other countries that are dragging down its profits.