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Cardinal Bankshares in Floyd, Va., is switching leaders again, though it is unclear when the new chief executive will step in.

First Banks Inc. in St. Louis said that Terrance McCarthy will retire as president and CEO on Feb. 13. McCarthy will also step down from the board. Timothy Lake, president and CEO of banking unit First Bank, will succeed McCarthy.

Flagstar Bancorp in Troy, Mich., which has been under pressure from regulators in recent months, has hired a new chief financial officer.

ConnectOne Bancorp in Englewood Cliffs, N.J., has appointed Mark Santasieri chief credit officer.

EDWARDSVILLE, Ill. — Scott CU here announced it has surpassed the $1 billion mark in assets.

Hampton Roads Bankshares in Virginia Beach has named John Marshall Jr. as chief risk officer. He succeeds Robert Bloxom, who retired from Hampton Roads at the end of September.

The New York Department of Financial Services will likely institute an on-ramp for new Bitcoin businesses — and possibly any other kind of money transmitting startups — as a way for them to launch without being burdened by costly licensing requirements.

Wayne Savings Bancshares in Wooster, Ohio, appointed H. Stewart Fitz Gibbon III as president and chief executive of the company and its banking unit.

Altura Credit Union on Wednesday reported $2.95 million in net income during the third quarter of 2014, running its streak of positive earnings to 14 consecutive quarters.

Fifth Third Bancorp in Cincinnati plans to remain in the business of providing mezzanine finance, even though a rival investment management company has hired four of its lenders.

BBCN Bancorp in Los Angeles has added three directors, including a consultant well-versed in anti-money laundering regulation.

Bank of Sun Prairie in Sun Prairie, Wis., has a new chief executive.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.

Bank of the Carolinas in Mocksville, N.C., appointed Harvey Glick as chairman.

BB&T has opened an office of its capital markets unit in New York to service corporate and institutional customers in the Northeast.

Poynt Co., a startup headed by former Google and PayPal executive Osama Bedier, is looking to take advantage of the EMV hardware upgrade schedule to entice merchants to switch to its new app-based payment terminal.

The $6.4 billion-asset bank said in a press release Tuesday that it has struck a deal with Aperture Media Partners, a film financing company in Los Angeles, to provide loans to the entertainment industry.

LAS VEGAS — Silver State Schools Credit Union reported net income of $3 million for the third quarter of 2014 — marking the 10th consecutive profitable three-month period for an institution that was battered by the recession.

CUNA has promoted longtime credit union economist Bill Hampel to chief policy officer.

Besides trying to figure out how to keep health insurance affordable, bankers are wrestling with a slew of other challenges, including recruitment, leadership development and employee engagement.