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South Shore Bank in South Weymouth, Mass., has lined up its next president and chief executive.

State Street in Boston has split the positions of president and chief executive.

ALEXANDRIA, Va. — NCUA said it has filed suit in federal court against U.S. Bank N.A. and Bank of America N.A., alleging these institutions violated state and federal laws by failing to fulfill their duties as trustees for 99 residential mortgage-backed securities trusts.

George Engelke Jr., former chairman, president, and chief executive of the Astoria Financial in Lake Success, N.Y., has died.

PNC Financial Services Group in Pittsburgh has tapped an executive to become its director of community affairs and president of the PNC Foundation.

EDWARDSVILLE, Ill. — Scott CU returned $1.8 million to its members just in time for the holidays.

Farmers Capital Bank in Frankfort, Ky., said a change in the rules governing allotments by active-duty service members will shave more than $800,000 off its bottom line next year.

Well Fargo Private Bank in San Francisco has named Erik Davidson as chief investment officer.

PEORIA, Ill. — Citizens Equity First Credit Union (CEFCU) said it will distribute a record $40 million extraordinary dividend to the credit union's members.

MALVERN, Ark.—Diamond Lakes FCU here has named Tammy Passafiume as its new CEO. She comes to the credit union with more than 23 years of experience in the credit union movement, having served previously at the helm of River Valley FCU in Camden, Ark.

Sen. Sherrod Brown, a top critic of the country's megabanks, will lead Democrats on the Banking Committee next year.

AmeriServ Financial in Johnstown, Pa., is making leadership changes as its chief executive plans to resign early next year.

Royal Bancshares of Pennsylvania in Narbeth could be looking for a new chief risk officer.

Kevin Cashen, has resigned as Bay Bancorp's president and chief executive just weeks after the Lutherville, Md., company posted a $942,000 third-quarter loss.

Paul Camp, a veteran of JPMorgan Chase and Deutsche Bank, has joined the digital-currency consumer finance company Circle Internet Financial as the startup's new chief financial officer.

SACRAMENTO, Calif. — Members of Golden 1 CU will be getting an early holiday gift from their credit union, as the CU's $18 million "Member Giveback Distributions" hit savings accounts Wednesday.

ALEXANDRIA, Va. — Median loan growth rates were up by 3.5% for the year ending in the third quarter of 2014, according to new state-by-state analysis from NCUA.

WATERFORD, Conn. — Charter Oak FCU is awarding more than $393,000 in cash bonuses to members as part of its Gold Rewards program, hitting a new record for the CU's member-appreciation efforts and bringing total returns to more than $1.6 million.

?Square Inc. has hired former Visa marketing executive Kevin Burke to lead its customer acquisition initiatives in retail, paid, Web and events marketing channels.??

Mobile security provider InAuth has hired Lisa Stanton to be its next chief executive.