Woodland Bank in Deer River, Minn., has a new president. The $138 million-asset bank named Kurt Werner to the post, according to BusinessNorth.com. Werner, who was an executive vice president at the bank, took over day-to-day operations and will oversee the lending department. "We have built a high-performing team that requires we recruit, retain and recognize individuals for their leadership and contributions,” Brian Nicklason, Woodland’s CEO, was quoted in the publication. “All

Huntington Bancshares in Columbus, Ohio, plans to streamline its consumer operations into a single segment. The $183 billion-asset company will combine its retail and business banking operations and its auto finance business into its wealth management, private banking and insurance segment. The move, expected to take place in April and will create a single consumer and regional banking category, should help Huntington boost revenue and keep costs in check, Steve

Ohio Valley Banc Corp. in Gallipolis plans to close its online consumer mortgage company. The $1.2 billion-asset company disclosed in a regulatory filing that it will shutter Race Day Mortgage. The decision reflects “low loan demand, issues retaining personnel and lack of profitability.” Ohio Valley said it plans to see current in-progress loan applications to completion, at which point it will set a closing date.

The Bankers Helping Bankers Fund, a fintech-focused venture capital fund, has completed its first fundraising round. The BHB Fund, managed by Latitude38 Venture Partners, disclosed that investors included Woodforest Bank, Origin Bank, Texas First Bank, Dream First Bank, National Bank and Trust, Legend Bank, Fannin Bank and First State Bank of Louise. IBAT Services and FedFis also participated. Latitude38 was launched last year by Neeraj Vohra and Richard Leggett. Cam

Fifth Third Bancorp in Cincinnati is planning to merge Provide, a heath care focused fintech, into its bank. The $207 billion-asset company disclosed in a legal notice that it applied with the Federal Deposit Insurance Corp. to merge the digital platform into its Fifth Third Bank. Fifth Third bought Provide in August 2021. The bank was one of Provide’s early investors in 2018; it began funding loans through the fintech’s

A group in Grandview Heights, Ohio, is planning a women-owned bank. Organizers have applied with the Federal Deposit Insurance Corp. to form Fortuna Bank. Ilaria Rawlins, a former executive at First Financial Bancorp in Cincinnati, would become the bank’s president and CEO. Lisa Berger is expected to serve as the bank’s chairman. While there are very few women-owned banks in the U.S., Agility Bank in Houston and First Women’s Bank

Clarion County Community Bank in Clarion, Pa., is planning a new division to focus on expansion in Erie, Pa. The $211 million-asset bank is planning Flagship Community Bank to coincide with opening its first branch in the market, according to GoErie.com. The bank, formed in 2004, has been making commercial loans in the area for the last seven years. Flagship should have about seven employees, Jim Kifer, Clarion’s CEO, told

Creighton Federal Credit Union in Omaha, Neb., is slowly getting back to normal following a series of fraudulent online debit card purchases. The $66.8 million-asset credit union is now allowing members to make four online debit card purchases per day. Earlier in the week, Creighton had capped those transactions to once daily. “We have learned that some members are receiving telephone calls asking for your account number and other personal