Clarion Federal Credit Union in Brookville, Pa., has rebranded as Top Tier Federal Credit Union. The $162 million-asset credit union said in a press release that it decided to change its name as it grows and expands. Top Tier expanded its field of membership last year from four to 13 counties in northwestern Pennsylvania. The new name “will aid in our continued expansion into markets outside of our local geographic area,” CEO

Park National in Newark, Ohio, will record $11.4 million of net income in the third quarter after selling a foreclosed property. The $9.8 billion-asset company disclosed in a regulatory filing that SE Property Holdings, a subsidiary, completed the foreclosure of a property that had been charged off. The property was sold on Aug. 5 for $12.4 million. The company incurred $1 million of direct expenses tied to the sale.

MVB Financial in Fairmont, W.Va., has agreed to buy Integrated Financial Holdings in Raleigh, N.C.    The $3 billion-asset MVB said in a press release Friday that it will pay $98 million in stock for the parent of the $435 million-asset West Town Bank & Trust. The deal, which is expected to close in the first quarter, priced IFH at 128% of its tangible book value.    West Town has

ConnectOne Bancorp in Englewood Cliffs, N.J., has formed a division to focus on health care prospects and clients. The $8.8 billion-asset company tweeted an announcement about its health care commercial banking team. “Our expert team will work to provide clients with custom-tailored solutions so they can focus on delivering the highest-quality care to their patients,” the company tweeted. James Vincenti will lead the health care team. He previously worked at Valley National Bank,

BTC Bank in Bethany, Mo., has agreed to buy Merchants and Farmers Bank of Salisbury in Missouri. The $934 million-asset BTC said in a press release that it expects to gain approvals to buy the $118 million-asset Merchants and Farmers over the next two months. Integration is expected to take place in October. The price wasn’t disclosed.Merchants and Farmers “strongly aligns with BTC Bank’s culture, values and dedication to its customers and

Meridian Corp. in Malvern, Pa., has entered Florida after hiring a former bank CEO. The $1.9 billion-asset company said in a press release that it has opened a loan-production office in Bonita Springs, near Fort Myers. Meridian hired Wayne Griest, former CEO of Continental Bank in Philadelphia, to lead the Florida expansion. Griest moved to Bonita Springs after Continental was sold Bryn Mawr Trust in 2014. The company said it has already hired

Farm Bureau Bank in Reno, Nev., plans to buy small-business loans originated by Funding Circle as part of a new partnership with the online lending platform. The $807 million-asset bank said the loans it buys will include those made to the agricultural community. “Our work with Farm Bureau Bank reflects our ongoing commitment to identifying and pursuing partnerships that allow us to support affordable funding options for diverse small business owners across

Pacific West Bank in West Linn, Ore., could soon have a new president. The $300 million-asset bank said in a press release that Jason Wessling is set to take over the post, subject to regulatory approval. He will remain Pacific West’s chief financial officer and join the board. Wessling "was the first executive recruited after the capital raise in 2018,” Terry Peterson, the bank’s CEO, said in the release. “His accomplishments were magnified