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The $4.4 billion-asset company in Indiana, Pa., said Friday that it has named Fred Morelli Jr., a business advisor, and Frank Palermo Jr., a certified public accountant, directors.
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FirstMerit's Sandra Pierce has two tough jobs. Overseeing the bank's expansion into her home state of Michigan, while leading the financial advisory board picked to rescue its biggest city.
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Visa Inc. has featured the San Francisco 49ers all season in a humorous TV commercial based on a fanatic 49ers fan somehow making his way into the team locker room to deliver a fiery pep talk.
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Royal Bank of Scotland is expected to pay roughly $790 million to settle charges by regulators it manipulated a benchmark used to determine the rate at which banks loan to one another.
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The $62 million-asset bank, which is owned by 28 Native American tribes, Alaska native corporations and tribal organizations, said Friday that it had hired Tom Ogaard as its president and chief executive, succeeding David Gilman.
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The Federal Reserve Board has terminated enforcement actions against Oregon Community Bank & Trust in Oregon, Wis., and Security Financial Bank and its holding company in Durand, Wis.
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The president and chief executive of MetroCorp Bancshares (MCBI) in Houston will be taking on an expanded role.
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TowneBank in Suffolk, Va., has acquired The Clement Companies, an insurance agency in Greenville, N.C.
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Citizens Community Bancorp (CZWI) in Eau Claire, Wisc., has shed its enforcement order with the Office of the Comptroller of the Currency.
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Provident Financial Services (PFS) of Jersey City beat fourth-quarter earnings expectations as it lowered its loan-loss provision and profited from asset sales.
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