Retail & Commercial

The $15.9 billion-asset bank said Thursday that Lisa Etre, William McCarthy and Jessica Ruiz have joined Signature from Hudson Valley Bank (HVB) in Yonkers, N.Y., and that Dennis Sheridan has joined from Valley National Bank (VLY) in Wayne, N.J.

Broadway Financial in Los Angeles earned $1.4 million in the second quarter. A year earlier, the $391 million-asset company lost $2 million.

Roma Financial Corp. (ROMA) said that one of its banks has entered into a written agreement with the Office of the Comptroller of the Currency.

MainSource Bank in Greensburg, Ind., has agreed to buy the assets managed by Krumme and Brock Investment Services in Seymour, Ind. The employees of the Krumme firm, including owners Galen Krumme and Cliff Brock, would join MainSource Bank's wealth management division.

United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.

Business activity in the banking sector increased in August for the third straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

Mobile wallets promise simpler payments, but the road to get there has been bumpy and, quite often, bizarre.

eAppraiseIT provided real estate appraisals to a former mortgage lending giant during the run-up to the housing crisis will pay $7.8 million to settle charges that its appraisers conspired with the lender to puff up home values.

Teaming up with PayPal is consistent with other Discover Financial Services agreements that stress the card brand’s payments strategy of being “the most flexible partner for a number of other players,” Discover Chairman and CEO David Nelms says.

Tri Counties Bank in Chico, Calif., will pay as much as $2.5 million to settle a class-action lawsuit that claims it failed to properly pay overtime.