Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

Traditional gadflies are again pressing banks to find buyers. They could soon be joined by less vocal investors who still know how to put pressure on executives and directors.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.

SBT Bancorp in Simsbury, Conn., plans to raise about $7.5 million through a private placement of subordinated debt and $8.6 million through a public offering of common stock.

CVB Financial in Ontario, Calif., has appointed entertainment industry veteran Kristina Leslie to its board.

Even as the number of credit unions shrinks, the number of credit union branches is going up, opposite the trend in bank branching, according to new analysis.

Many community banks seem to have forgotten that they are most valuable for their ability to identify customers' pain and put an end to it. But fierce competition from fintech startups like Lending Club and Kabbage offers a reminder that they cannot afford to disregard this reality.

Citizens First in Bowling Green, Ky., has appointed a Tennessee businessman and a Kentucky government official to its board.

Phoenixville Federal Bank & and Trust in Pennsylvania has converted to a state charter.

ASB Bancorp in Asheville, N.C., has received its second demand in less than a month to put itself on the auction block.

When the hurricane hit the Gulf Coast nearly a decade ago, it brought with it unimaginable destruction. Still, it also allowed the area's banks a chance to work together, connect with clients and work toward a stronger future.

Stock fluctuations will fuel investment banking fees in the short run, but a prolonged shock would complicate bank M&A and could tighten margins, crimp wealth management fees and present other risks.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

Santa Cruz County Bank in California has named Angelo DeBernardo its chief lending officer.

Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.

First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.

United Bancshares in Columbus Grove, Ohio, has resolved a looming hole in its lineup — chief financial officer. Anthony Eramo will start Sept. 5 as CFO of the $629 million-asset company and its subsidiary, Union Bank Co.

First Business Financial Services in Madison, Wis., has named Michael Murphy its chief accounting officer.

Simmons First National in Pine Bluff, Ark., had a convenient "in" as it was looking to buy wealth management firm Ozark Trust and Investment Corp. in Springfield, Mo.