A recently created credit union association has a new brand. The Mountain West Credit Union Association and Northwest Credit Union Association, which merged on June 30, are now collectively known as the GoWest Credit Union Association. The association serves more than 300 credit unions with 16.5 million members in Arizona, Colorado, Idaho, Oregon, Washington and Wyoming. GoWest said it will debut a new website in January.

Florence Bank in Massachusetts is looking for a new CEO. The $1.9 billion-asset bank said in a press release Tuesday that Kevin Day will also retire as its president on Nov. 25. The bank said it is already searching for his successor. Day joined the bank in 2008 as its chief financial officer. He became president in January 2020 and CEO a few months later. “Our goal in this transition is to

Encore Bank in Little Rock, Ark., has hired a banker to create a business line geared toward community associations. The $1.8 billion-asset bank said in a press release that Patti DuBuque will oversee the new division as director of association banking. DuBuque "is a results-oriented leader with proven success in expanding orientations and surpassing business growth objectives," Burt Hicks, Enocre's president and chief strategy and growth officer, said in the release. “We

Columbia Banking System in Tacoma, Wash., will enter Utah after hiring commercial bankers in Salt Lake City. The $21 billion-asset company said in a press release Tuesday that it hired Jeffrey Thomas and James Divver to join its business lending division. The bankers will be responsible for building a team in the market."Our expansion into Utah is a logical extension of our growing Western footprint and a timely opportunity to enter one of

A banker well known for her advocacy for women in the financial services industry has landed a new job.First Community Bank in Batesville, Ark., said in a press release Tuesday that it had hired Natalie Bartholomew as its community president in Rogers, Ark. Bartholomew will be responsible for establishing the bank’s presence in the market, which will include hiring a team and building relationships with area businesses. The $2.1 billion-asset bank is

Revolut has named an insider to oversee the neobank’s efforts in the United States. The company said in a press release that Sid Jajodia is its U.S. CEO. Jajodia will remain Revolut’s chief banking officer, a role he has held since joining the company a year ago. Revolut launched in the U.S. in March 2020, offering financial services to retail and business customers that include banking, foreign exchange, crypto and stock

Rising interest rates led Seacoast Banking Corp. of Florida in Stuart to reduce its offer for Drummond Banking Co. in Chiefland, Fla., by more than 10%. The $10.9 billion-asset Seacoast agreed in early May to buy the $985 million-asset Drummond for $173.2 million in stock.  Seacoast proposed paying $194.4 million in cash and stock when it sent its first pitch to Drummond on March 12, according to a regulatory filing tied

Pinnacle Bancorp in Lincoln, Neb., has agreed to buy Crockett National Bank in San Antonio, Texas. The $7.6 billion-asset Pinnacle said that its purchase of the $630 million-asset Crockett National should close in the second half of this year. The price wasn’t disclosed. Crockett National has five branches and two loan-production offices. Todd Huckabee, Crockett National’s CEO, will become a regional president at Pinnacle.