INSIGHTS INTO THE BANKING INDUSTRY
Sallie Krawcheck is stepping down as CEO of Ellevest to address a health problem. Krawcheck, a banking veteran who had key leadership roles at Citigroup and Merrill Lynch, wrote in a note that she will remain on the asset manager's board. Sylvia Kwan, Ellevest's chief investment officer, and Connie Hsiung, the chief financial officer and chief operating officer, were named co-CEOs. "While I pass the torch to the next generation
Old National Bancorp in Evansville, Ind., is playing a leading role in an effort to form a de novo bank in Indianapolis. Old National is part of a group organizing the proposed Generations Community Bank, which plans to become a minority depository institution and a community development financial institution. Old National is paying for the planned bank's organizational expenses. Generations' top executives are currently on Old National's payroll. "The employment
Patriot National Bancorp in Stamford, Conn., is exploring strategic initiatives, including its possible sale. The $974.1 million-asset company disclosed in a regulatory filing that it has hired Performance Trust Capital Partners to also help it explore capital markets ... with the goal of maximizing shareholder value." The review could lead to a capital raise, strategic partnership or a merger. Patriot said in the filing that it has been seeking "targeted
First Hawaiian in Honolulu restructured its securities portfolio. The company said in a press release that it sold $293 million of lower-yielding available-for-sale debt securities at an after-tax loss of $19.7 million. Proceeds were reinvested in $293 million of higher-yielding debt securities. The transaction should increase net interest income by about $8.6 million and expand the net interest margin by about 4 basis points in 2025. First Hawaiian said it
Carter Bankshares in Martinsville, Va., has agreed to buy deposits in North Carolina from First Reliance Bancshares in Florence, S.C. The $4.6 billion-asset Carter said in a press release that the deal includes deposits at branches in Mooresville and Winst0n-Salem. It will also buy the Winston-Salem branch. Carter will pay a 4.6% deposit premium on the average closing balance of the sum of noninterest and interest-bearing transaction accounts, savings and
Central Ohio Bancorp in Waverly has raised capital. The parent of the $229 million-asset First National Bank of Waverly brought in $1.1 million by selling common stock, according to data compiled by Performance Trust Capital Partners. The data did not detail the pricing, shares sold, or investors.
Northeast Bank in Portland, Maine, is raising $75 million by selling common stock. The $3.9 billion-asset bank said in a press release that it is conducting an at-the-marketing offering through Piper Sandler and Keefe, Bruyette & Woods. Northeast said it plans to use the net proceeds for general corporate purposes, including support of additional growth.
Independent Bank Corp. in Rockland, Mass., has agreed to buy Enterprise Bancorp in Lowell, Mass. The $20 billion-asset Independent said in a press release that it will pay $562 million in cash and stock for the $4.7 billion-asset Enterprise. The deal, which is expected to close in the second half of 2025, priced Enterprise at 155% of its tangible book value. Independent plans to raise about $250 million by issuing
Sallie Krawcheck is stepping down as CEO of Ellevest to address a health problem. Krawcheck, a banking veteran who had
Old National Bancorp in Evansville, Ind., is playing a leading role in an effort to form a de novo bank
Patriot National Bancorp in Stamford, Conn., is exploring strategic initiatives, including its possible sale. The $974.1 million-asset company disclosed in
First Hawaiian in Honolulu restructured its securities portfolio. The company said in a press release that it sold $293 million
Carter Bankshares in Martinsville, Va., has agreed to buy deposits in North Carolina from First Reliance Bancshares in Florence, S.C.
Central Ohio Bancorp in Waverly has raised capital. The parent of the $229 million-asset First National Bank of Waverly brought
Northeast Bank in Portland, Maine, is raising $75 million by selling common stock. The $3.9 billion-asset bank said in a
Independent Bank Corp. in Rockland, Mass., has agreed to buy Enterprise Bancorp in Lowell, Mass. The $20 billion-asset Independent said
The Consumer Financial Protection Bureau has filed a lawsuit against Comerica for alleged deficiencies related to the Dallas company's administration
Altos Bank has opened in Los Altos, Calif. The de novo opened on Nov. 25, according to the Federal Deposit
Elemi Bank, a de novo proposed for Encino, Calif., has secured conditional approval from the Federal Deposit Insurance Corp. The
Fiserv CEO Frank Bisignano was selected by President-elect Donald Trump to serve as commissioner of the Social Security Administration. Bisignano,
Columbia Financial in Fair Lawn, N.J. has repositioned its balance sheet at a pretax loss of about $38 million. The
The Clearing House will increase the individual transaction limit for the RTP Network from $1 million to $10 million. The
Associated Banc-Corp in Green Bay, Wis., will report a net loss in the fourth quarter after repositioning its securities portfolio
Lake Shore Bancorp in Dunkirk, N.Y., has been freed from a regulatory order. The $698 million-asset company said in a
BankTech Ventures has invested in SOLO, a data collection platform. BankTech Ventures said in a press release that SOLO’s platform enables
Equity Bancshares in Wichita, Kan., is selling $80 million by selling common stock. The company said in a press release
Valley National Bancorp in New York sold $925 million of commercial real estate loans at a loss. The $62 billion-asset
First National Bank of Omaha in Nebraska has shut down mobile banking platform Milli Bank. The $31.5 billion-asset bank closed
United Community Banks in Greenville, S.C., has agreed to buy ANB Holdings in Oakland Park, Fla. The $27.4 billion-asset United
Lumin Digital, a cloud-native digital banking provider in San Ramon, Calif., raised more than $160 million in equity financing. Lumin
Shareholders of IF Bancorp backed a nonbinding proposal calling for the sale of the Watseka, Ill., company. The $893 million-asset
Horizon Bancorp in Michigan City, Ind., disclosed that a plan to sell its mortgage warehouse business has fallen through. The
Old National Bancorp in Evansville, Ind., has agreed to buy Bremer Financial in St. Paul, Minn. The $54 billion-asset Old
Island Federal Credit Union in Hauppauge, N.Y., has added some permanency to its leadership. The credit union said in a
Scott Kavanaugh is retiring as CEO of First Foundation in Dallas. The $13.6 billion-asset company said in a press release
Union Bankshares in Morrisville, Vt., has implemented a 20-year term limit for its directors. The $1.5 billion-asset company disclosed in
The Federal Reserve has barred the former CEO of the failed Heartland Tri-State Bank from future participation in the banking
The Office of the Comptroller of the Currency has issued a cease-and-desist order to Clear Fork Bank in Albany, Texas,
Clarion County Community Bank in Clarion, Pa., has new leadership. The $230 million-asset bank said that Travis Heiser had become
Capital City Bank Group in Tallahassee, Fla., will take over full ownership of Capital City Home Loans. The $4.2 billion-asset
Bethpage Federal Credit Union in Bethpage, N.Y., is rebranding as FourLeaf Federal Credit Union. The $13.4 billion-asset credit union aid
Moody’s in New York has acquired loan-origination platform Numerated Growth Technologies for an undisclosed amount. Moody's said in a press
Robinhood Markets has agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisers (RIAs). Robinhood said
The Federal Reserve has issued a new cease-and-desist order to Small Business Bank in Lenexa, Kan. The Fed said the
Industry Bancshares in Industry, Texas, which has been embroiled in a battle with the Office of the Comptroller of the
Martin Gruenberg has set a date for his retirement as chairman of the Federal Deposit Insurance Corp. Gruenberg, in an
FirstSun Capital Bancorp in Denver and HomeStreet in Seattle have terminated their planned merger after failing to secure regulatory approval.
Buckley State Bank in Buckley, Ill., is looking to hire a new president and CEO. The $50 million-asset bank is
PBT Bancshares in McPherson, Kan., has applied to acquire Kanza Financial in Kingman, Kan. PBT, the parent of the $1.2
Associated Banc-Corp in Green Bay, Wis., is raising up to $345 million that could be used to fine-tune its balance
Star One Credit Union in Sunnyvale, Calif., has invested $4.5 million in a new credit union service organization (CUSO) focused
Zeplyn, a software-as-a-service company that streamlines wealth management workflows, has raised $3 million in a funding round led by early-stage
Republic First Bank failed in April largely because of a “dysfunctional” management and board that made it difficult for regulators
Cascade Federal Credit Union in Kent, Wash., turned to the banking industry to recruit its next leader. The $347 million-asset
Axos Financial in San Diego has formed a technology and life sciences banking division after recruiting a banker from City
Insight Credit Union in Winter Springs, Fla., has agreed to a sale-leaseback transaction involving three branches. The credit union sold
Organizers of a proposed New Orleans de novo plan to open the bank as a minority depository institution. The group
Wilson Bank & Trust in Lebanon, Tenn., has agreed to buy a Cookeville, Tenn., branch from F&M Financial in Clarksville,
Farmers Savings Bank in Colesburg, Iowa, has agreed to buy Elgin State Bank in Elgin, Iowa. The $235.5 million-asset Farmers
A former executive at Nano Banc in Irvine, Calif., has been barred from working in the banking industry. The Federal
Malvern Bank in Malvern, Iowa, will soon have a new president. The $216 million-asset bank said in a press release
George Makris Jr. is back at the helm of Simmons First National in Pine Bluff, Ark. The $27.3 billion-asset company
Valley National Bancorp in New York brought in nearly $449 million by selling common stock. The $62 billion-asset company, which
Dime Community Bancshares in Hauppauge, N.Y., is raising $125 million to potentially reposition its balance sheet. The $13.7 billion-asset company
Carver Bancorp in New York is facing a proxy challenge from a big investor. Dream Chasers Capital Group, which owned
Florida’s Office of Financial Regulation placed Alliance Credit Union of Florida in Gainesville into conservatorship. The National Credit Union Administration
DCFU Financial in Dearborn, Mich., has agreed to buy Winter Park National Bank in Winter Park, Fla. The $7 billion-asset
Valley National Bancorp in New York is planning to raise $400 million. The $62 billion-asset company said in a press
Shareholders at Territorial Bancorp have approved the Honolulu company's sale to Hope Bancorp in Los Angeles, thwarting an effort by
Navy Federal Credit Union in Vienna, Va., must pay $95 million to address claims by the Consumer Financial Protection Bureau
Alliant Credit Union in Chicago has a new leader. The $20.3 billion-asset credit union said that Dennis Devine had stepped
A group has applied to form a bank in New Orleans. Organizers submitted an application to the Federal Deposit Insurance
An investor group has completed its purchase of First State Bank of Decatur in Michigan. GTSB Financial said in a
The Consumer Financial Protection Bureau is considering issuing an enforcement action against Capital One Financial in McLean, Va., in connection
Technology firm nCino in Wilmington, N.C., has agreed to buy U.K.-based Software-as-a-Service platform FullCircl. The acquirer said in a press
Franklin Financial Services in Chambersburg, Pa., is looking for a new president and CEO. The $2.2 billion-asset Franklin disclosed in
Sterling Bancorp in Southfield, Mich., chose to sell its bank to EverBank in Jacksonville, Fla., after a group of experienced
Provident Bancorp in Amesbury, Mass., is being investigated by the Securities and Exchange Commission over disclosures it made tied to
Peapack-Gladstone Financial in Bedminster, N.J., is rebranding its bank and wealth management operations under a single name as it looks
First Financial Bank in El Dorado, Ark., will start 2025 with new leadership. The $1.7 billion-asset bank said in a
Security Bank in Springfield, Ill., is planning to convert from a mutual to a stock holding company. The $219.6 million-asset
Northrim BanCorp in Anchorage, Alaska, has acquired Sallyport Commercial Finance. Northrim said in a press release that its deal valued the
Mid Penn Bancorp in Harrisburg, Pa., has agreed to buy William Penn Bancorp. in Bristol, Pa. The $5 billion-asset Mid
Central Pacific Bancorp in Honolulu reported quarterly earnings that included expenses tied to assessing a "strategic opportunity." The $7.4 billion-asset
VyStar Credit Union in Jacksonville, Fla., must pay a $1.5 million civil penalty to address the Consumer Financial Protection Bureau's
HomeStreet in Seattle could look to shed $800 million of multifamily loans if its planned sale to FirstSun Capital Bancorp
Arrow Financial in Glen Falls, N.Y., has acquired an insurance agency. The $4.4 billion-asset company said in a press release
Bank of America in Charlotte, N.C., is in talks with several federal agencies over various aspects of its efforts to
FirstSun Capital Bancorp in Denver and HomeStreet in Seattle are evaluating "an alternative regulatory structure" for their planned merger after
Quaint Oak Bancorp in Southampton, Pa., has agreed to a sale-leaseback transaction with Mountainseed Real Estate Services. The $702 million-asset
Austin Bancorp in Jacksonville, Texas, has agreed to buy Chasewood Bank in Houston. The parent of the $2.8 billion-asset Austin
Casap, a startup created to help banks and fintechs combat first-party fraud, has raised $8.5 million in seed and pre-seed
An investor group aiming to disrupt the sale of Territorial Bancorp to Hope Bancorp in Los Angeles has shared more
First Northwest Bancorp in Port Angeles, Wash., is no longer operating under an enforcement action. The company said in a
The Canadian Digital Governance Council has become the second entity to apply with the Consumer Financial Protection Bureau to become
First Northwest Bancorp in Port Angeles, Wash., is restating its second-quarter results after determining that it had another $6.6 million
Peoples Financial Services in Scranton, Pa., has accelerated its CEO succession plan. The $5.5 billion-asset company said in a press
U & I Financial in Lynwood, Wash., is operating under a written agreement with the Federal Reserve. The Fed disclosed
First Carolina Bank in Rocky Mount, N.C., has agreed to buy BM Technologies in Radnor, Pa. The $3.2 billion-asset bank
Griggsville Bancshares in Griggsville, Ill., has agreed to buy Scott Morgan Bancorp in Bluffs, Ill. The holding company for the
CVB Financial in Ontario, Calif., reported lower quarterly profit after selling some underwater securities. The $15.4 billion-asset company said in
EverBank in Jacksonville, Fla., has agreed to buy the life premium finance division of Primis Bank in McLean, Va. The
Heritage Financial in Olympia, Wash., reported lower quarterly earnings after selling underwater securities and charging off a loan. The $7.2
MidWestOne Financial Group in Iowa City posted a big quarterly loss after repositioning its balance sheet. The $6.6 billion-asset company
Midland States Bancorp in Effingham, Ill., is scaling back in equipment finance and some consumer lending segments. The $7.8 billion-asset
HarborOne Bancorp in Brockton, Mass., reported lower quarterly profit due to an issue with a commercial real estate loan. The $5.8
Valley National in New York is continuing to derisk its balance sheet. The $62.1 billion-asset company said in a press
Pathward Financial in Sioux Falls, S.D., will receive a $1 million advance for its patience with selling its commercial insurance
First Bancorp in Southern Pines, N.C., reported lower quarterly profit as it braces for the potential financial impact of Hurricane
Independent Bank Group in McKinney, Texas, which is in the process of selling itself to SouthState in Winter Haven, Fla., is
Y-12 Federal Credit Union in Oak Ridge, Tenn., has agreed to buy First State Bank of the Southeast in Middlesboro,
The Consumer Financial Protection Bureau hit Goldman Sachs and Apple with $89 million in financial penalties tied to their handling of
Farmers National Banc Corp. in Canfield, Ohio, reported lower quarterly profit after an issue with a commercial credit backed by
First Commerce Bancorp in Lewisburg, Tenn., has agreed to buy Peoples Bank of Middle Tennessee in Shelbyville. The holding company
Informa Group, which operates the Finovate conference series, has acquired Ascential. Ascential is the company behind the annual Money20/20 conference
The Consumer Financial Protection Bureau created an exemption for smaller banks when it comes to the agency's new open banking
Banco Santander has debuted its digital bank in the United States. The Spanish bank launched Openbank, which has been available
Banc of California in Irvine reported a quarterly loss after selling underwater securities. The $33.4 billion-asset company said in a
Citizens Alliance Bank in Clara City, Minn., has agreed to buy Stockmens Bank in Cascade, Mont. The $1.4 billion-asset Citizens
GBank Financial Holdings in Las Vegas raised $20 million from a private placement. The parent of the $1 billion-asset GBank
Atlantic Union Bankshares in Richmond, Va., has agreed to buy Sandy Spring Bancorp in Olney, Md. The $27.5 billion-asset Atlantic
First National Bank of Lindsay in Oklahoma was closed by the Office of the Comptroller of the Currency. The Federal
Business First Bancshares in Baton Rouge, La., has a new bank president. The $6.7 billion-asset company said in a press release
Franklin Financial Services in Chambersburg, Pa., restructured its securities portfolio. The $2 billion-asset company disclosed in a regulatory filing that its
Provident Financial Services in Jersey City, N.J., has settled a lawsuit tied to its overdraft fees. The $24.1 billion-asset company
National Bankshares in Blacksburg, Va., has a new president lined up. The $1.8 billion-asset company said in a press release
Metropolitan Bank Holding in New York reported lower quarterly profit that reflected a reserve designed to address a probe into
New York Community Bancorp in Hicksville is planning to cut about 700 jobs at its bank. The $119.1 billion-asset company
FNB Corp. in Pittsburgh sold a portfolio of indirect auto loans at a loss. The $48 billion-asset FNB said in
Jewel Box Financial Services in Columbus, Wis., has agreed to buy Wisconsin River Bank in Sauk City, Wis. The $505
OceanFirst Financial in Red Bank, N.J., incurred costs in the third quarter after buying a mortgage lender and a finance
Axiom Bank entered into a formal agreement with the Office of the Comptroller of the Currency that flagged the Maitland,
First Liberty National Bancshares in Liberty, Texas, has agreed to buy Coastal Bancshares in Pearland, Texas. The parent of the
Texas Capital Bancshares in Dallas, which reported a quarterly loss after repositioning its securities portfolio and incurring restructuring costs, said
Webster Financial in Stamford, Conn., reported lower quarterly profit after it sold more underwater securities, incurred restructuring expenses and divested
Berkshire Hills Bancorp in Boston sold a portfolio of Upstart-related consumer loans at a loss. The company disclosed in a
Burke & Herbert Financial Services in Alexandria, Va., has fulfilled a pledge for its purchase of Summit Financial Group by
Fairway Independent Mortgage Corp. agreed to pay nearly $10 million to settle redlining claims. The Justice Department and the Consumer
New York Community Bancorp in Hicksville will rebrand as Flagstar Financial. The $119 billion-asset company said in a press release
Lowndes Bancshares in Valdosta, Ga., has acquired FMB Bancshares in Lakeland, Ga. The deal was disclosed by Performance Trust Capital
Border Bancshares in Fargo, N.D., has raised $5.2 million after selling common stock. The holding company for the $953 million-asset
Fieldpoint Private Bank & Trust in Greenwich, Conn., which is operating under a written agreement with the Federal Reserve, raised
FB Financial in Nashville, Tenn., reported lower quarterly profit that reflected its decision to sell underwater securities. The $12.9 billion-asset
National Bank of Arizona in Tucson has a new CEO. The $5 billion-asset bank said in a press release that
Bankwell Financial Group in New Canaan, Conn., said its third-quarter results will be hit by an $8.2 million charge-off. The
Bravera Holdings in Dickinson, N.D., has agreed to buy VISIONBank in Fargo, N.D. The $3.2 billion-asset Bravera said in a
Citadel Federal Credit Union in Exton, Pa., agreed to pay about $6.5 million to address claims that it failed to
Home BancShares in Conway, Ark., added $16.7 million to its loan-loss allowance to cover potential losses from Hurricane Helene. The
An investor in Territorial Bancorp has vowed to vote against the Honolulu company's pending sale to Hope Bancorp in Los
State Bank of Southern Utah in Cedar City will have a new CEO in 2025. The $2.5 billion-asset bank said
Family Savings Credit Union in Rainbow City, Ala., has agreed to buy two branches from Merit Bank in Huntsville, Ala.
MainStreet Bancshares in Fairfax, Va., expects to report a third-quarter loss due to nonperforming loans. The $2.1 billion-asset company said
Georgia Banking Co. in Atlanta has agreed to buy Primary Bancshares in Atlanta. The $2 billion-asset Georgia Banking said in
Jim Reuter's retirement didn't last long. The $30.2 billion-asset First Interstate BancSystem in Billings, Mont., hired Reuter to become its
Hills Bancorp. in Hills, Iowa, will start next year with a new leader. The $4.3 billion-asset company said in a
Isabella Bank Corp. in Mt. Pleasant, Mich., disclosed about $5.6 million in exposure to two customers. The $2.1 billion-asset company
LendingClub in San Francisco and Pagaya Technologies in New York have partnered to buy the intellectual property behind the now-defunct
HAPO Community Credit Union in Richland, Wash., has agreed to buy Community First Bank in Kennewick, Wash. The $2.3 billion-asset
Grasshopper Bank in New York has agreed to buy Auto Club Trust in Dearborn, Mich. The $835 million-asset Grasshopper said
Stryv Bank in Wichita, Kan., has a new president. The $236 million-asset bank said in a press release that Zach
River Run Bancorp in Newburyport, Mass., is planning to merge with Rollstone Bancorp in Fitchburg, Mass. The $2.6 billion-asset River
Discussions between WesBanco in Wheeling, W.Va., and Premier Financial in Defiance, Ohio seemingly began at the Acquire or Be Acquired
NASB Financial in Kansas City, Mo., will have a new leader in 2025. The parent of the $2.8 billion-asset North
The Georgia Department of Banking and Finance approved Fiserv’s application for a special banking charter that gives it direct access
Territorial Bancorp in Honolulu, which is facing pressure from an unsolicited offer, has postponed a shareholder vote for its pending
Education First Federal Credit Union in Beaumont, Texas, has a new CEO. Urjit Patel announced on his LinkedIn account that
OneAZ Credit Union in Phoenix has agreed to buy 1st Bank of Yuma in Arizona. The $3.6 billion-asset credit union
Coastal Financial in Everett, Wash., has a new president for its fintech and Banking-as-a-Service division. The $4 billion-asset company said
CU WealthNext, a credit union-owned fintech, has invested in Concreit, a fractional real estate investing platform. CU WealthNext, which did
TruWest Credit Union in Scottsdale, Ariz., has a new CEO. The $1.8 billion-asset credit union said in a press release
Institutional Shareholder Services has recommended that Territorial Bancorp shareholders reject the Honolulu company's pending sale to Hope Bancorp in Los
Five Rivers Bank, a proposed de novo being formed by a group of Sikh-Americans, has gained conditional approval from the
First Foundation in Dallas has begun the process of purging multifamily loans from its balance sheet. The $13.6 billion-asset company
AmeriNational Community Services in Albert Lea, Minn., received Federal Reserve approval to form a bank holding company so it can
Abri Credit Union in Romeoville, Ill., has a new CEO. The $400 million-asset Abri said in a press release that
Zions Bancorp. in Salt Lake City has agreed to buy four California branches from FirstBank in Lakewood, Colo. Zions' subsidiary
JD Bancshares in Jennings, La., has a president. The $1.2 billion-asset company said in a press release that Paul Brummett
SVB Financial Group in Santa Clara, Calif., sold its investment platform business. The former holding company to Silicon Valley Bank,
CNB Community Bancorp in Hillsdale, Mich., will buy 145,000 shares of its common stock after completing a tender offer. The
Interstate Bank in Perryton, Texas, has a new leader. The $264 million-asset bank said in a press release that Blair
Digital Federal Credit Union in Marlborough, Mass., and First Tech Federal Credit Union in San Jose, Calif., are planning a
Territorial Bancorp in Honolulu doubled down on its commitment to selling itself to Hope Bancorp in Los Angeles despite an
Byline Bancorp in Chicago has agreed to buy First Security Bancorp in Elmwook Park, Ill. The $9.6 billion-asset Byline said
Ponce Financial Group in New York has expanded into Florida. The company said in a press release that it opened
Wells Fargo in San Francisco and Fiserv in Milwaukee are planning to end joint venture Wells Fargo Merchant Services. Fiserv
A pair of credit unions focused on the Ukrainian-American community are planning to merge. The $1.4 billion-asset Self Reliance New
Pathward Financial in Sioux Falls, S.D., and AFS IBEX Financial Services said they remain committed to the sale of Pathward’s
Rhinebeck Bancorp in Poughkeepsie, N.Y., repositioned its securities portfolio. The company said in a press release that it sold $71
MidWestOne Financial Group in Iowa City raised $103.5 million by selling common stock. The company said in a press release that
An investor group has sweetened the pot in its effort to uproot Hope Bancorp’s purchase of Territorial Bancorp in Honolulu.
Orrstown Financial Services in Harrisburg, Pa., disclosed that the successor to its CEO is leaving. The $3.2 billion-asset company said
Amerant Bancorp in Coral Gables, Fla., is looking to raise at least $150 million in capital. The $9.7 billion-asset company
The Financial Data Exchange (FDX) has applied with the Consumer Financial Protection Bureau to become a recognized standard-setting organization to
Mifflinburg Bancorp in Mifflenburg, Pa., has agreed to buy Northumberland Bancorp in Northumberland, Pa. The $567 million-asset Mifflinburg said in
A group planning a bank in California has changed the location of the proposed de novo. Organizers of Elemi Bank
Northeast Bank in Portland, Maine, bought a large loan portfolio. The bank said in a press release that it acquired
ESL Federal Credit Union in Rochester, N.Y., has agreed to buy Generations Bank in Seneca Falls, N.Y. The $9.2 billion-asset
TowneBank in Suffolk, Va., has agreed to buy Village Bank and Trust Financial in Midlothian, Va. The $17.1 billion-asset TowneBank
Chain Bridge Bancorp in McLean, Va., is planning an initial public offering. The holding company for the $1.4 billion-asset Chain
BNY in New York agreed to buy Archer, a company that provides cloud-based software for managed accounts. BNY said it
Liberty Capital Bancshares in Addison, Texas, has agreed to buy Southwestern Bancorp in Boerne, Texas. The transaction between the parent
Silvergate Capital, which voluntarily liquidated its bank, filed for Chapter 11 bankruptcy protection in Delaware. The holding company for the
TD Bank Group in Toronto will have a new CEO in 2025. The company said in a press release that
OceanFirst Financial agreed to settle claims by the Justice Department and the Department of Housing and Urban Development that it
Kentucky First Federal Bancorp in Hazard reported a quarterly loss that reflected a $947,000 goodwill impairment charge. The $375 million-asset
Carver Bancorp in New York has a new leader. The company said in a press release that Donald Felix will
Financial Institutions in Warsaw, N.Y., is shutting down its Banking-as-a-Service platform. The $6.1 billion-asset holding company for Five Star Bank
Tom O’Brien has turned around and sold another bank. EverBank in Jacksonville, Fla., agreed to buy Sterling Bank and Trust
The Idaho Bankers Association has a new leader. The association announced on LinkedIn that Stacey Satterlee had become its president
The Wisconsin Credit Union League has its next president and CEO lined up. The association said in a press release
Organizers of a proposed community bank in California have received conditional approval from the Federal Deposit Insurance Corp. The proposed
Primis Financial in McLean, Va., plans to restate more financial results to address accounting issues. The $3.9 billion-asset company disclosed
Mountain America Credit Union in Sandy, Utah, has agreed to sell its branches in Albuquerque, N.M., to Sandia Laboratory Federal
Navient, a loan servicing company based in Delaware, will pay $120 million in fines and be prohibited from most of
A group represented by veteran banker Allan Landon made an unsolicited bid to buy Territorial Bancorp in Honolulu. The $18.1
Wells Fargo is operating under a formal agreement with the Office of the Comptroller of the Currency that requires the
Fieldpoint Private Bank & Trust agreed to a written agreement with regulators that requires the Greenwich, Conn., bank to improve
Capitol National Bank in Lansing, Mich., has a new president. The $192.5 million-asset bank said in a press release that
TD Bank was ordered by the Consumer Financial Protection Bureau to pay $28 million for sharing inaccurate customer data with
Warsaw Federal Savings & Loan in Cincinnati raised $5 million as part of a plan to become a minority depository institution.
MountainSeed Real Estate Services entered into a sale-leaseback transaction with 1st Federal Savings Bank of SC in Walterboro. The $164
National Bank Holdings in Denver has a new president. The $9.97 billion-asset company said in a press release that Aldis
Camden National in Camden, Maine, has agreed to buy Northway Financial in North Conway, N.H. The $5.7 billion-asset Camden National
Huntington Bancshares in Columbus, Ohio, is planning a major push into the Carolinas and into corporate mortgage finance. The $196
Simone Lagomarsino is taking on even more responsibility at First Foundation in Dallas. The $13.6 billion-asset company disclosed in a
NBT Bancorp in Norwich, N.Y., has agreed to buy Evans Bancorp in Williamsville, N.Y. The $13.5 billion-asset NBT said in
KeyCorp in Cleveland repositioned its balance sheet. The company, which recently agreed to sell a big stake in itself to
Customers Bancorp in West Reading, Pa., which was recently hit with an enforcement action, has a new chief risk officer.
Texas Capital Bancshares in Dallas continues to reshape its balance sheet. The $29.9 billion-asset company said in a press release
QCR Holdings in Moline, Ill., will stop offering new loans and leases through its equipment finance business. The $8.9 billion-asset
Builtwell Bancorp in Chattanooga, Tenn., has agreed to buy Bradley County Financial in Cleveland, Tenn. The $1.8 billion-asset parent of
ConnectOne Bancorp in Englewood Cliffs, N.J., has agreed to buy The First of Long Island in Melville, N.Y. The $9.7
REV Federal Credit Union in Summerville, S.C., has agreed to buy First Neighborhood Bank in Spencer, W.Va. The $1.1 billion-asset
Patrick Harker will step down as president of the Federal Reserve Bank of Philadelphia next year. Harker, who has held
United Texas Bank in Dallas is working under a cease-and-desist order after a Federal Reserve examination found “significant deficiencies” tied
Huntington Bancshares in Columbus, Ohio, has agreed to a 20-year sponsorship deal that included naming rights to the Cleveland Browns
Four States Bank in Carthage, Mo., has opened. The de novo raised the required $23.5 million in initial capital and
United Community Banks in Greenville, S.C., sold most of its manufactured housing portfolio. The $27.1 billion-asset company said in press
Arrha Credit Union in Springfield, Mass., has applied to merge into Pittsfield Cooperative Bank in Pittsfield, Mass. The National Credit
Gallatin Point Capital bought a roughly 15% stake in Israel Discount Bank in New York. Gallatin paid about $150 million
Mutual Federal Bancorp and Pulaski Savings Bank are planning to merge. The $99.8 million-asset Mutual Federal expects to absorb the
Fulton Financial in Lancaster, Pa., plans to lay off 111 people in conjunction with recently announced branch closings. The $31.8
Georgia Heritage Federal Credit Union in Savannah has a new leader. The $149 million-asset credit union said in a press
Pathward Financial in Sioux Falls, S.D., has agreed to sell its commercial insurance premium finance business to AFS IBEX Financial
Bridgewater Bancshares in St. Louis Park, Minn., has agreed to buy First Minnetonka City Bank in Minnetonka, Minn. The $3.7
Northwest Federal Credit Union in Washington, D.C., has acquired the naming rights for the Washington Commanders stadium. The $4.6 billion-asset
Regulators approved an application by OakNorth Bank Plc in London to open a representative office in New York. The office
Mutual Savings and Loan Association in Metairie, La., plans to raise up to $8.2 million by converting to a stock-owned
Linker Finance, a Pasadena, Calif., company that offers mobile and online banking services to community banks, raised $3.7 million in
The Federal Deposit Insurance Corp. has given conditional approval to another proposed Florida bank. Organizers of the planned Gala Bank
First Busey in Champaign, Ill., has agreed to buy CrossFirst Bankshares in Leawood, Kan. The $12 billion-asset First Busey said
Happy Money, which provides unsecured lending services to credit unions, has a new CEO. The company said in a press
Old Second Bancorp in Aurora, Ill., has agreed to buy five Chicago-area branches from First Merchants in Muncie, Ind. The
La Plata Bancshares in Hereford, Texas, raised $10.9 million. The $283 million-asset company completed a private placement of common stock
Merchants & Marine Bancorp in Pascagoula, Miss., has hired a veteran banker to serve as brand president and CEO of
A group in Albertville, Ala., has applied to form a new bank. Organizers are planning Solutions Plus Bank, according to
Columbia Financial in Fair Lawn, N.J., is planning to merge its banks. The $10.8 billion-asset company said in a press
OP Bancorp in Los Angeles will have a new CEO next year. The $2.3 billion-asset company said in a press
RBB Bancorp in Los Angeles has been freed from an October 2023 consent order. The $3.9 billion-asset company and
TD Bank Group in Toronto has reduced its stake in Charles Schwab Corp. as it looks to offset costs tied
U.S. Bancorp in Minneapolis has acquired healthcare fintech Salucro Healthcare Solutions in Tempe, Ariz. The $680.1 billion-asset U.S. Bancorp said
The Virginia Association of Community Banks has a new leader. The association said in a press release that Corey Connors
Cornerstone Bank in York, Neb., has agreed to buy Bank of Orchard in Nebraska. The $2.7 billion-asset Cornerstone said in
Organizers of a proposed community bank in California have received conditional approval from the California Department of Financial Protection and
PCB Financial in Costa Mesa, Calif., has acquired Northern California Bancorp in Monterey. PCB, a group formed for the purpose
U.S. Bancorp in Minneapolis has created a strategic partnership to offer co-branded products to Edward Jones clients. The $680.1 billion-asset
Wells Fargo in San Francisco has agreed to sell the non-agency third-party servicing segment of its commercial mortgage servicing business
Industry Bancshares in Industry, Texas, which has been embroiled in a battle with one of its regulators, is being recapitalized.
A proposed bank in Miami has received conditional approval from the Federal Deposit Insurance Corp. Organizers of BankMiami must raise
The former CEO of the failed Heartland Tri-State Bank has been sentenced to over 24 years in prison. The U.S.
U.S. Eagle Federal Credit Union in Albuquerque, N.M., has agreed to buy Southwest Capital Bank in Albuquerque. The $1.5 billion-asset
Monzo has hired one of its advisers to run its U.S. bank. The U.K. neobank said that Carol Nelson will
Freedom Bancshares in Belington, W.Va., and Appalachian Financial in Philippi, W.Va., have filed the application for their planned merger of
Spokane Teachers Credit Union in Washington has agreed to buy Community Bank in Joseph, Ore. The $6.4 billion-asset STCU said
SB Financial Group in Defiance, Ohio, has agreed to buy Marblehead Bancorp in Marblehead, Ohio. The $1.3 billion-asset SB
KeyCorp in Cleveland agreed to sell a 14.9% stake in itself to The Bank of Nova Scotia for about $2.8
Customers Bancorp in West Reading, Pa., which just received an enforcement action requiring it to improve Bank Secrecy Act and
Avadian Credit Union in Hoover, Ala., has a new leader lined up. The $1.3 billion-asset credit union said in a
TCM Bank in Tampa, Fla., announced that its CEO had resigned. The $325 million-asset bank, a unit of ICBA Payments,
City National Bank of Florida in Miami has created a national capital markets group. The $26.1 billion-asset bank said in
CRB Group in Fort Lee, N.J., has added three directors. The parent of the $8.9 billion-asset Cross River Bank said
Texas Capital Bancshares in Dallas has created a new private credit division. The $29.1 billion-asset company said in a press
Customers Bancorp in West Reading, Pa., must improve its risk management practices for its digital asset strategy under a written
Truist Financial in Charlotte, N.C., reached a seven-year agreement to become the title sponsor of the PGA Tour’s golf tournament
Security Bancshares in Paris, Tenn., has agreed to buy Bancshares of Ripley in Ripley, Tenn. Security is the $1.2 billion-asset
Berco in Salina, Kan., has agreed to buy New Millennium Bankshares in Topeka, Kan. Berco, the parent of the $994
Orrstown Financial Services in Harrisburg, Pa., plans to close six branches in Pennsylvania and Maryland. The $2.2 billion-asset company said
The Federal Deposit Insurance Corp. has given conditional approval for a de novo bank planned in White Plains, N.Y. Organizers
Optus Bank in Columbia, S.C., has a new president. The black-owned bank said in a press release that Benita Lefft
Arcadia Federal Credit Union in Fort Kent, Maine, will have a new leader next year. The $365 million-asset credit union
Van Wert Federal Savings Bank in Van Wert, Ohio, has a new name. VWF Bancorp, the bank’s $271 million-asset
Totem Technologies, a challenger bank focused on the Native American community, has shut down. Amber Buker, the company’s founder and
The Mission Driven Bank Fund in Cleveland, which recently raised $65 million, has invested in two community banks. The fund
Pendleton Community Bank in Franklin, W.Va., has a new president. The $764 million-asset bank said in a press release that
Zeal Credit Union in Livonia, Mich., has invested in fintech CU WealthNext. The $824 million-asset credit union did not disclose
Star Bank in Maple Lake, Minn., has a new CEO following the death of its founder. The $390.1 million-asset unit
Peoples Bancorp of North Carolina in Newton has lined up its next leader. The $1.6 billion-asset company said in
Mid-Atlantic Federal Credit Union in Germantown, Md., will soon have a new CEO. The $425 million-asset credit union said in
The parent company of American Savings Bank is considering strategic options for the Honolulu bank. The $9.3 billion-asset bank lost
Payments firm Stripe bought Lemon Squeezy, a Salt Lake City digital sales software company. Lemon Squeezy, which helps merchants sell
NATCOM Bancshares in Superior, Wis., has agreed to buy Great River Holding Co. in Baxter, Minn. NATCOM, the parent of
MVB Financial in Fairmont, W.Va., began the process of shutting down its digital asset program. The $3.3 billion-asset company said
German American Bancorp in Jasper, Ind., has agreed to buy Heartland BancCorp in Whitehall, Ohio. The $6.2 billion-asset German
Renasant in Tupelo, Miss., has agreed to buy The First Bancshares in Hattiesburg, Miss. The $17 billion-asset Renasant said in
First Foundation in Dallas plans to unload more than $1 billion of multifamily loans as part of its overhaul. The
WesBanco in Wheeling, W.Va., has agreed to buy Premier Financial in Defiance, Ohio. The $18.1 billion-asset WesBanco said in a
First Northwest Bancorp in Port Angeles, Wash., had a noisy second quarter that included a balance sheet restructuring, a sale-leaseback
New York Community Bancorp in Hicksville reported another quarterly loss and announced plans to sell its residential mortgage servicing business
Kearny Financial in Fairfield, N.J., reported a quarterly loss after recording a $95.3 million goodwill impairment charge. The $7.7 billion-asset
ChoiceOne Financial Services in Sparta, Mich., has agreed to buy Fentura Financial in Fenton, Mich. The $2.6 billion-asset ChoiceOne said
Eagle Bancorp in Bethesda, Md., recorded a large quarterly loss after taking a goodwill impairment charge. The $11.3 billion-asset company
Time Bank in Park Ridge, Ill., has agreed to buy Northwest Investment Corp. in Davenport, Iowa. The $470 million-asset Time
CIB Marine Bancshares in Champaign, Ill., has completed a sale-leaseback transaction for three branches. The $889 million-asset company sold the
Fremont Bank in Fremont, Calif., will soon have a new president. The $5.9 billion-asset bank said in a press release
First Guaranty Bancshares in Hammond, La., laid off about 15% of its employees and cut its dividend in half as
The planned Fortuna Bank is targeting a fall opening after meeting its capital requirement. The proposed Grandview Heights, Ohio, de
The Treasury Department has informed Comerica that the Dallas company could lose a lucrative Direct Express government contract. As the
ACNB in Gettysburg, Pa., has agreed to buy Traditions Bancorp in York, Pa. The $2.5 billion-asset ACNB said in
KKR has agreed to buy investment bank Janney Montgomery Scott from Penn Mutual Life Insurance. Janney, which has more than
Arrow Financial in Glen Falls, N.Y., is planning to merge its two banks under a new brand. The $4.2 billion-asset
The City of Boston Credit Union has a new CEO. The $585 million-asset credit union said in a press release
BayFirst Financial in St. Petersburg, Fla., is expanding into healthcare lending after hiring a veteran banker. The $1.1 billion-asset bank
BCB Bancorp in Bayonne, N.J., reported lower quarterly earnings after selling loans. The $3.8 billion-asset company’s second-quarter earnings fell by
FS Bancorp in Mountlake Terrace, Wash., has a new president. The $3 billion-asset company said in a press release that
Generations Bancorp NY in Seneca Falls has entered into a written agreement with the Office of the Comptroller of the
Green Dot in Austin, Texas, was fined $44 million by the Federal Reserve to address consumer compliance breakdowns tied to
Bank of Hawaii in Honolulu has a new president. The company disclosed in a regulatory filing that James Polk
Fulton Financial in Lancaster, Pa., plans to close 13 branches in Pennsylvania and New Jersey. The company disclosed in a
Synovus Financial in Columbus, Ga., posted a net loss in the second quarter after purging its securities portfolio. The $60
Discover Financial Services in Riverwoods, Ill., has agreed to sell its private student loan portfolio to strategic partnerships that involve
Capital One Financial Group in McLean, Va., has pledged $265 billion over the next five years to support underserved markets
Firstbanc of Alabama in Talladega has agreed to a sale-leaseback transaction with MountainSeed Real Estate Services. The parent of the
Currency Bank in Oak Grove, La., has a new president and CEO. Scott Gaudin announced on his LinkedIn page that
VersaBank named a president for its new U.S. bank. The Canadian bank said in a press release that Tel Matrundola
Country Bank for Savings in Ware, Mass., will have a new CEO. The $1.9 billion-asset bank said in a press
TD Bank has agreed to a three-year, $20 billion community impact plan. The bank said in a press release that
Citigroup will pay a total of $136 million for not moving quickly enough to address four-year-old consent orders that require
The Mission Driven Bank Fund has completed its second close after raising $65 million. The Cleveland fund, which invests in
A de novo bank planned in Miami has received approval from its state regulator. Florida’s Office of Financial Regulation has
Amalgamated Bank of Chicago has rebranded as ABOC as part of a plan to expand beyond its home market. The $1.1
Forbright Bank in Potomac, Md., which was recently hit with a consent order, had its Community Reinvestment Act rating downgraded
Fifth Third Bancorp in Cincinnati will pay $15 million to settle a lawsuit from the Consumer Financial Protection Bureau tied
Alabama ONE Credit Union in Tuscaloosa has a new CEO. The $1.2 billion-asset credit union said in a press release
Greenwood’s Financial Group in Lake Mills, Wis., raised $10 million in capital.The parent of the $547 million-asset Greenwood’s Savings Bank
Piedmont Bancorp in Peachtree Corners, Ga., tried several times to find a buyer before agreeing to be sold to United
Murphy-Wall State Bank and Trust in Pinckneyville, Ill., has agreed to buy Oakdale State Bank in Oakdale, Ill. Murphy-Wall Bancorp,
The Bank of North Dakota in Bismarck has a new CEO. The North Dakota Industrial Commission also named Don Morgan
Renasant in Tupelo, Miss., has sold its insurance agency to Sunstar Insurance Group. The $17.3 billion-asset company said in a
First Foundation in Dallas is raising $228 million in a deal that will allow it to lower its concentration of
Bankwell Financial Group in New Canaan, Conn., is bracing for a $6.6 million hit tied to a nonperforming commercial loan.
New York Community Bancorp in Hicksville is planning a reverse stock split. The $113 billion-asset company said in a press
Silvergate Capital in La Jolla, Calif., and its bank will pay $63 million in penalties to settle claims it misled
Amerant Bancorp in Coral Gables, Fla., shared more information on the pending sale of its Houston operations. The $9.8 billion-asset
Southern Bankshares in Claxton, Ga., which was sold to an investor group last year, raised $19.1 million through a private
Merger talks between SouthState in Winter Haven, Fla., and Independent Bank Group in McKinney, Texas, were briefly halted in February
Patelco Credit Union in Dublin, Calif., had to shut down some day-to-day banking systems in response to a cyberattack. The
Webster Financial in Stamford, Conn., and Marathon Asset Management in New York have formed a private credit joint venture. The
Brazilian investment bank BTG Pactual has agreed to buy M.Y. Safra Bank in New York. BTG Pactual did not disclose
Thumb Bancorp in Pigeon, Mich., has agreed to buy Freeland State Bank in Freeland, Mich. The $617.1 million-asset Thumb will
Thread Bank in Rogersville, Tenn., has been dealt an enforcement by the Federal Deposit Insurance Corp. The $723 million-asset bank’s
First Kentucky Bank in Mayfield didn’t have to look too far to find its next CEO. The $575 million-asset said
Ion Financial in Naugatuck, Conn., and NVE Bancorp in Englewood, N.J., have agreed to merge. The mutual holding companies said
Chime in San Francisco has acquired Salt Labs, which provides incentive programs for businesses and employee rewards. The Salt Labs
The Bank of North Dakota, the only state-owned bank in the U.S., is looking for a new leader. Todd Steinwand
Hustisford State Bank in Wisconsin has a new CEO. The $80 million-asset bank said in a press release that Tanya
Merchants National Bank in Hillsboro, Ohio, has a new president. The $1.3 billion-asset bank said in a press release that
Bank Midwest in Spirit Lake, Iowa, has formed a digital bank to focus on the healthcare industry. The $1.3 billion-asset
Evolve Bancorp in West Memphis, Ark., confirmed that it was the victim of a cyberattack. The $1.6 billion-asset company, which
United Fidelity Bank in Evansville, Ind., and its parent companies are now operating under a cease-and-desist order from the Federal
Funding Circle has agreed to sell its U.S. business to iBusiness Funding, a unit of Ready Capital. The U.K. company
Heritage Financial in Olympia, Wash., will soon have a new president. The $7.1 billion-asset company said in a press release
The Office of the Comptroller of the Currency wants to expand its guidelines for recovery planning standards to more banks.
PeoplesBancorp in Holyoke, Mass., and SSB Community Bancorp in Spencer, Mass., have agreed to merge their mutual holding companies. PeoplesBancorp
General Motors Financial has withdrawn its application to form an industrial bank and receive deposit insurance. The captive finance unit
Greenback Fincorp in Austin, Texas, raised $2 million through a private placement. Greenback, the holding company for the $310 million-asset
The Federal Deposit Insurance Corp. approved a plan by Thrivent Financial for Lutherans to obtain deposit insurance and merge its
Riverview Bancorp in Vancouver, Wash., will soon have a new CEO. The $1.5 billion-asset company said in a press release
Community Partners Savings Bank in Salem, Ill., has agreed to buy Guardian Savings Bank in Granite City, Ill. The $249
Momnt, an Atlanta fintech that specializes in real-time lending and payment solutions, has a new CEO. The fintech said in
The Federal Deposit Insurance Corp. approved a proposal that adjusts how banks submit resolution plans. The FDIC created two tiers
Citigroup has invested in commercial lending platform Numerated. Citi will also engage Numerated to provide a financial spreading solution for
That didn’t last long. Apple announced that it is abandoning Apple Pay Later roughly a year after introducing the program.
Unit is laying off 15% of its staff. Itai Damti, the embedded finance fintech’s co-founder and CEO, announced the cuts
MC Bancshares in Morgan City, La., and Heritage NOLA Bancorp in Covington, La., have called off their planned merger. The
ABCT Holdings in Woodway, Texas, raised $3.1 million through a private placement. The parent company of the $954 million-asset Alliance
An eleventh-hour offer by an unnamed bank failed to sway the board of Oakwood Bancshares in Oakwood, Texas, from agreeing
VersaBank in Ontario, Canada, received approval from the Office of the Comptroller of the Currency to buy Stearns Bank Holdingford
Evolve Bancorp in West Memphis, Ark., which is embroiled in legal wrangling tied to the bankruptcy of Banking-as-a-Service middleware firm
First Interstate BancSystem in Billings, Mont., has begun a search for its next CEO. The $30 billion-asset company said in
AmeriServ Financial in Johnstown, Pa., has reached a truce in a longstanding battle with an activist investor. The $1.4
Monroe Federal Savings and Loan Association in Kipp City, Ohio, is planning to convert to a stock-owned company. The $155
Blue Ridge Bankshares in Charlottesville, Va., is bringing in a little more capital after selling shares to a long-time investor.
InScope, an automated financial reporting fintech, has raised $4.3 million in a seed capital round. The round was led by
First Hope Bank in Hope, N.J., has a new CEO. The $629 million-asset bank said in a press release that
Dallas Capital Bank has a new president. The $1.1 billion-asset bank said in a press release that Jason Matthews, its
The Bank of New Glarus in Wisconsin has acquired First National Bank at Darlington in Wisconsin. The $492 million-asset Bank
Bank of New York Mellon is embracing a shorter brand name. The $435 billion-asset company plans to rebrand as BNY,
Provident Financial Services in Iselin, N.J., will close nearly 15% of its branches following its purchase of Lakeland Bancorp in
The proposed Four States Bank in Carthage, Mo., has received conditional regulatory approval. Jeffrey Williams, the proposed bank’s president and
VersaBank in Ontario, Canada, has received Federal Reserve approval to buy Stearns Bank Holdingford in Minnesota. The $3.3 billion-asset VersaBank
Enterprise Bancorp in Lowell, Mass., has a new leader. The $4.6 billion-asset company said in a press release that Steven
Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, are close to opening. The group behind the effort said
Torpago, a commercial credit card and spend management provider, raised $10 million in a Series B funding round. The San
R Bank in Round Rock, Texas, has a new leader. The $1 billion-asset bank said in a press release that
First State Bank in Lynnville, Iowa, has agreed to buy a branch from Capra Bank in Dubuque, Iowa. The $331
Haven Savings Bank in Hoboken, N.J., will have new leadership next year. The $1.1 billion-asset bank said in a press
An investor group has completed its purchase of two banks in Texas. Patrons Holdings agreed last year to buy Eden
BankTech Ventures in Sandy, Utah, has invested in three fintechs. The fund said in a press release that it had
Joseph Otting has added another title at New York Community Bancorp in Hicksville. The $112.9 billion-asset company said in a
D.L. Evans Bank in Burley, Idaho, has agreed to buy a branch in Ketchum, Idaho from First Interstate BancSystem in
ELGA Credit Union in Grand Blanc, Mich., has agreed to buy Marine Bank & Trust in Vero Beach, Fla. The
Seacoast Banking Corp. of Florida in Stuart added a banking veteran to its board. The $14.8 billion-asset company disclosed in
German American Bancorp in Jasper, Ind., has sold its insurance business. The $6.1 billion-asset company said in a press release
The Independent Community Bankers of America tapped an industry veteran to lead its payments services subsidiary. The ICBA said in
Atlanta Postal Credit Union has agreed to buy Affinity Bank in Covington, Ga. The $2.5 billion-asset credit union said in
Merrick Bank in South Jordan, Utah, bought about $500 million of home improvement loan participations from GreenSky Holdings. CardWorks, the
First National Bank & Trust of Okmulgee has rebranded as Patrons Bank. The bank said in a press release that
Savings Bank of Danbury in Connecticut has rebranded. The $1.6 billion-asset bank said in a press release that will now
First Keystone in Berwick, Pa., disclosed that it will record a $19.1 million goodwill impairment charge in the second quarter.
First Guaranty Bancshares in Hammond, La., has a new CEO. The $3.6 billion-asset company said in a press release that
The Federal Reserve Bank of Cleveland has selected its next CEO. The Cleveland Fed said in a press release that
Citizens & Northern in Wellsboro, Pa., disclosed that its CEO plans to retire in 2027. The $2.5 billion-asset company said
PB Bankshares in Coatesville, Pa., disclosed that a real estate sale fell through. The $450 million-asset company disclosed in a
Gesa Credit Union in Richland, Wash., has agreed to buy Security State Bank in Centralia, Wash. The $5.5 billion-asset Gesa
The former CEO of Heartland Tri-State Bank pleaded guilty to embezzling funds that led to the Elkhart, Kan., bank’s failure.
Numisma Bank in Greenwich, Conn., has received conditional approval for a Federal Reserve master account. Numisma, which focuses on banknote
Capital One Financial in McLean, Va., and Walmart have ended their consumer card partnership. The $482 billion-asset Capital One said
Comerica in Dallas has agreed to beef up its compliance practices under an enforcement action with the Office of the
SR Bancorp in Bound Brook, N.J., has sold “the vast majority” of its available-for-sale securities portfolio. The $1.1 billion-asset
The Consumer Financial Protection Bureau issued an interpretive rule confirming that Buy Now, Pay Later (BNPL) lenders are credit card providers while
CBC Bancorp in Irvine, Calif., has agreed to buy Bay Community Bancorp in Oakland. The $2.4 billion-asset parent of Commercial
West Coast Community Bancorp in Santa Cruz, Calif., has agreed to buy 1st Capital Bancorp in Salinas, Calif. The $1.7
FDIC Chairman Martin Gruenberg said he is willing to step down after a successor is confirmed. Gruenberg had endured intensifying
An influential lawmaker is encouraging the White House to replace Federal Deposit Insurance Corp. Chairman Martin Gruenberg. Sen. Sherrod Brown,
Quad City Bank & Trust in Bettendorf, Iowa, will have a new leader in 2025. The $2.6 billion-asset bank said
A pair of banks raised capital from selling common stock. Merchants Bancorp in Carmel, Ind., brought in $103 million from
MountainSeed Real Estate in Atlanta has lined up $2 billion in capital commitments to pursue more sale-leaseback transactions with banks.
Bank of America in Charlotte, N.C., has agreed to buy a $2.9 billion multifamily portfolio from WaFd in Seattle. Bank
Tradition Capital Bank in Wayzata, Minn., has a new president. The $2.4 billion-asset bank said in a press release that
SouthState in Winter Haven, Fla., has agreed to buy Independent Bank in McKinney, Texas. The $46 billion-asset SouthState said in
Southside Bancshares in Tyler, Texas, has a new president. The $8.4 billion-asset company disclosed in a regulatory filing that Keith
Customers Bancorp in West Reading, Pa., bought a minority limited interest in a fintech venture fund. The $22 billion-asset company
The Consumer Financial Protection Bureau has filed a lawsuit against online lending platform SoLo Funds for allegedly deceiving borrowers about
Pima Federal Credit Union in Tucson, Ariz., has agreed to buy Republic Bank of Arizona in Phoenix. The $1.2 billion-asset
Community Bank Systems in Syracuse, N.Y., has a new name. The $15 billion-asset company said in a press release
Levo Credit Union in Sioux Falls, S.D., plans to buy a branch from Heritage Bank in Spicer, Minn. An application
First Federal Bank of Kansas City in Lee’s Summit, Mo., formed a mutual holding company. The $960 million-asset mutual said
USAA Bank in San Antonio is looking for its next president. The $111 billion-asset bank said in a press release
Capitol Bank in Madison, Wis., has a new CEO lined up. The $590 million-asset company said in a press release
Fulton Financial in Lancaster, Pa., is using proceeds from a sale-leaseback transaction to offset the costs of selling underwater securities.
The Office of the Comptroller of the Currency and the Federal Reserve will hold a virtual meeting on July 19
Associated Banc-Corp in Green Bay, Wis., has agreed to a new three-year community commitment plan that pledges $2 billion of
Alerus Financial in Grand Forks, N.D., has agreed to buy HMN Financial in Rochester, Minn. The $4.3 billion-asset Alerus said
Home BancShares in Conway, Ark., has shifted several executive roles. The $22.8 billion-asset company said in a press release that
New York Community Bancorp in Hicksville agreed to sell about $5 billion of mortgage warehouse loans to JPMorgan Chase in
Kabbage, a small-business lender going through bankruptcy, agreed to pay up to $120 million to settle claims it committed Paycheck
International Finance Bank in Miami has a new CEO. The $1 billion-asset bank said in a press release that Abel
Provident Financial Services in Jersey City, N.J., issued subordinated debt to comply with a regulatory prerequisite for its pending purchase
First Capital Bancshares in Charleston, S.C., has raised $12 million through a private placement of common stock. The $811 million-asset
Crossbridge Community Bank in Tomahawk, Wis., has a new president. The $204 million-asset bank said in a press release that
Popular in San Juan, Puerto Rico, has a new president. The $71 billion-asset company said in a press release that
Peoples National Bancshares in New Lexington, Ohio, has agreed to buy Pataskala Banking in Ohio. The $220 million-asset Peoples National
Equity Bancshares in Wichita, Kan., has a new bank CEO. The $5.2 billion-asset company said in a press release
United Bankshares in Charleston, W.Va., has agreed to buy Piedmont Bancorp in Peachtree Corners, Ga. The $30 billion-asset United said
LINKBANCORP in Harrisburg, Pa., is selling its New Jersey operations to American Heritage Credit Union. The $2.8 billion-asset company said
The Independent Community Bankers of America has selected six fintechs to participate in its latest ICBA ThinkTECH Accelerator program. The
Quaint Oak Bancorp in Southampton, Pa., cut ties with two businesses in the first quarter. The $776 million-asset Quaint Oak
Aspiration Partners spun off its consumer financial services business into a separate company run by its former chief operating officer.
First Community Bankshares in Bluefield, Va., will settle a lawsuit tied to its overdraft practices. The $3.2 billion-asset company disclosed
Pacific West Bancorp in Portland, Ore., will soon have a new leader. The $320 million-asset company said in a press
Pinegrove Capital Partners has agreed to buy SVB Capital from SVB Financial Group. Pinegrove, backed by capital from Brookfield Asset
Chime Financial was ordered by the Consumer Financial Protection Bureau to pay more than $4.5 million for failing to give
MidWestOne Finacial Group in Iowa City recruited a banking veteran with ties to its CEO to join its board. The
FIS has released a Banking-as-a-Service (BaaS) product that builds off of its purchase of Bond. Atelio is "an innovative fintech
Truist Financial in Charlotte, N.C., used proceeds from the sale of its insurance business to offset a restructuring of its
White River Bancshares in Fayetteville, Ark., raised nearly $12.5 million through a private placement of common stock. The $1.2 billion-asset
Eight companies, including Bank OZK, BankUnited and Flushing Bank, bid on buying all or some of Republic First Bank in
Capital Community Bank in Provo, Utah, has acquired Security Home Mortgage in Orem, Utah. The $871 million-asset CCBank said in
PromiseOne Bank in Duluth, Ga., has agreed to buy two branches in Virginia from Hope Bancorp in Los Angeles. The
U.S. Bancorp in Minneapolis has a new president. The $684 billion-asset company said in a press release that Gunjan Kedia
Catalyst Bancorp in Opelousas, La., reported a quarterly loss after selling securities. The $282 million-asset company lost $4.7 million in
The Iowa Bankers Association is searching for its next leader. The association said in a press release that John Sorenson
Fintech custodian Altruist raised $169 million in a Series E funding round. The Los Angeles company said in a press
An insider has been promoted to serve as president of 1st Source Corp. in South Bend, Ind. The $8.7 billion-asset
Encore Bancshares in Little Rock, Ark., has parted ways with its CEO. The $4 billion-asset company said in a press
Baselayer, which uses AI to mitigate fraud and improve onboarding, has raised $6.5 million in its seed round. The fintech
New York Community Bancorp in Hicksville will have a long road to return to profitability. The $113 billion-asset company lost
FirstSun Capital Bancorp in Denver will raise more capital to buy HomeStreet in Seattle and scrap plans to have a
BayFirst Financial in St. Petersburg, Fla., is being more cautious with its Small Business Administation lending. The $1.1 billion-asset BayFirst
The Maine Credit Union League finally has a permanent president. The trade group said in a press release that Elise
The League of Southeastern Credit Unions & Affiliates announced the sudden departure of its CEO. The trade group said in
TDECO in Houston has agreed to buy Sabine State Bank and Trust in Many, La. The $4.8 billion-asset credit union
Arrow Financial in Glens Falls, N.Y., said it has agreed to settle a class-action complaint. The $4.2 billion-asset company said
Civista Bancshares in Sandusky, Ohio, reported lower profit that reflected a narrower net interest margin and a decision to step
Fulton Financial in Lancaster, Pa., will sell $250 million of common stock to support its purchase of the failed Republic
Hope Bancorp in Los Angeles has agreed to buy Territorial Bancorp in Honolulu. The $18.1 billion-asset Hope said in a
UMB Financial in Kansas City, Mo., has agreed to buy Heartland Financial USA in Denver. The $45.1 billion-asset UMB said
Republic First Bank in Philadelphia was closed by regulators, ending a lengthy saga that included an ousted CEO, shareholder fights
Western Illinois Bancshares in Monmouth has agreed to buy Main Street Bancorp in Princeville, Ill. The parent of the $670
An investor group has received approval from the Federal Reserve to buy First State Bank of Decatur in Michigan. A
Hanover Bancorp is taking steps to let Castle Creek Capital Partners boost its stake in the Mineola, N.Y., company to
First Financial Bancorp in Cincinnati had a noisy quarter that included an acquisition, layoffs, a restructured securities portfolio, and an
Business First Bancshares in Baton Rouge, La., has agreed to buy Oakwood Bancshares in Oakwood, Texas. The $6.7 billion-asset Business
Valley National Bancorp in New York sold nearly $300 million of loans in the first quarter – with plans to
First Financial Bankshares in Abilene, Texas, has switched from a national bank charter to a state bank charter. The
Sterling Bancorp in Southfield, Mich., seems to be getting closer to putting a mortgage scandal in the rearview mirror. The
Farmers National Banc Corp. in Canfield, Ohio, restructured its securities portfolio during the first quarter. The $5.1 billion-asset company said
The Office of the Comptroller of the Currency announced enforcement actions against three banks. The agency entered into a formal
Southwest Bancshares in San Antonio will rebrand all of its banks as Texas Partners Bank. The $2 billion-asset company said
Trustmark in Jackson, Miss., is the latest bank to agree to sell its insurance agency. The $18.7 billion-asset company said
WaFd in Seattle is planning to sell a multifamily portfolio it recently gained from an acquisition. The $30.1 billion-asset company
Renasant in Tupelo, Miss., will have a new leader next year. The $17.4 billion-asset company said in a press release
Virginia National Bankshares in Charlottesville has sold its membership interest in an advisory company. The $1.6 billion-asset Virginia National said
Webster Financial in Stamford, Conn., reported slightly lower earnings that reflected a decrease in net interest income and several expenses.
A former U.S. Bancorp executive has formed a fintech consulting firm. Peter Gordon, who was head of emerging payments product
Equity Bancshares in Wichita, Kan., has agreed to buy KansasLand Bancshares in Quinter. The $5.2 billion-asset Equity said in
MidFirst Bank in Oklahoma City has agreed to buy five Houston branches from Amerant Bancorp in Coral Gables, Fla. The
Flagship Bank in Clearwater, Fla., has hired a new CEO. The $633 million-asset unit of West Florida Bank Corp. said
Commercial Bank & Trust of Monticello in Arkansas will absorb First State Bank of Warren in Arkansas. The $253 million-asset
AmeriServ Financial in Johnstown, Pa., has reached a cooperation agreement with investor SB Value Partners. SB Value Partners, which
Northwest Bancshares in Columbus, Ohio, plans to reposition its securities portfolio. The $14.5 billion-asset company said in a press release
U & I Financial in Lynnwood, Wash., restated its fourth quarter results – leading a big net loss – and
Synovus Financial in Columbus, Ga., reported lower quarterly profit after charging off an $18 million loan to an aviation company.
Three credit unions mergers were announced in Illinois. The $3.5 billion Consumers Credit Union in Lake Forest is planning to
Mercury has launched a personal banking service designed to simplify and optimize the banking needs of startups. The San Francisco
Pathward Financial will pay about $700,000 in refunds and penalties to resolve claims by the New York Attorney General’s Office
Plumas Bancorp in Reno, Nev., used proceeds from the sale-leaseback of branches to unload underwater securities during the first quarter.
Skyline Bankshares in Independence, Va., has agreed to buy Johnson County Bank in Mountain City, Tenn. The $1 billion-asset Skyline
Foresight Financial Group in Winnebago, Ill., has hired a new president. The $1.6 billion-asset company said in a press release
OneUnited Bank is moving its headquarters out of Boston. The $756 million-asset Black-owned bank will relocate to Roxbury, Mass. “The
Wintrust Financial in Rosemont, Ill., has agreed to buy Macatawa Bank in Holland, Mich. The $57 billion-asset Wintrust said in
BOM Bank in Natchitoches, La., has agreed to buy nine Texas branches from American State Bank in Arp, Texas.
A New York group looking to form a blank-check company to buy failed banks has applied for deposit insurance. Organizers
Bank of Springfield in Illinois has a new CEO. The $1.6 billion-asset bank said in a press release that Jason
At least 16 teams of bankers have left New York Community Bancorp to accept posts at Peapack-Gladstone Financial in Bedminster,
Adro, a New York fintech that aims to help international students access U.S. financial services, has raised $1.5 million pre-seed
Washington Trust Bank in Spokane has shuffled its leadership team. The $11.4 billion-asset bank said in a press release that
The Georgia Bankers Association will soon have a new CEO. The association said in a press release that Tripp Cofield
FineMark Holdings in Fort Myers, Fla., raised $30 million through a private placement. The $4.1 billion-asset company sold common stock
Mode Eleven Bancorp in Hulett, Wyo., will voluntarily dismantle its Banking-as-a-Service platform after being hit with an enforcement action from
The new leader of New York Community Bancorp is making the case for shareholders to back steps needed to fully
Blue Ridge Bankshares in Charlottesville, Va., has completed its capital raise led by Kenneth Lehman and Castle Creek Capital and
Reseda Group, a wholly owned CUSO of Michigan State University Federal Credit Union in East Lansing, has invested $6.2 million
KeyCorp and the National Community Reinvestment Coalition have reached an agreement to invest $25 million into minority and underserved markets.
Brim Financial, a Toronto company that sells tech to help banks launch and manage credit card programs, has raised $85
Climate First Bancorp in Orlando, Fla., is planning to raise more capital. The $600 million-asset company said in press release
South Ottumwa Savings Bank in Ottumwa, Iowa, has a new president. The $547 million-asset bank said that Natalie Bolin had
Cadance Bank has shuffled several high-level executives. The $50 billion-asset bank said in a press release that Hank Holmes, its
Union State Bank in Greenfield, Iowa, has agreed to buy Exchange State Bank in Adair, Iowa. The $96.5 million-asset Union
FinWise Bancorp in Murray, Utah, has a new president. The $586.2 million-asset company disclosed in a regulatory filing that James
OptimumBank Holdings in Ft. Lauderdale, Fla., raised nearly $8 million by selling common and preferred stock. The $791 million-asset
Five Star Bancorp in Rancho Cordova, Calif., is looking to raise about $71 million from selling common stock. The $3.6
Old National Bancorp in Evansville, Ind., has put its chief financial officer on leave following his arrest on child molestation
Financial Institutions in Warsaw, N.Y., has sold its insurance agency to NFP Property & Casualty Services. The $6.2 billion-asset parent
Northrim BanCorp in Anchorage, Alaska, has its next leader lined up. The company said in a press release that Mike
Santander U.S. has hired the former head of Marcus. The bank said in a press release that Swati Bhatia, as
The organizers for a proposed Houston bank have added more directors, hired a new CEO, and again reapplied for deposit
Ally Financial in Charlotte, N.C., has hired Michael Rhodes as its new CEO. Ally said in a press release that
Gouverneur Bancorp in Gouverneur, N.Y., has a new CEO. The $204.9 million-asset company said in a press release that
Integrated Financial Holdings, a government-guaranteed lender in Raleigh, N.C., has found a new buyer. The $548 million-asset parent of West
BNA Bank in New Albany, Miss., has a new CEO. The $770 million-asset bank said that Mike Staten had succeeded
LCNB Corp. has hired an investment bank to “begin evaluation” of the Lebanon, Ohio, company’s potential sale. The $2.3 billion-asset
First National in Strasburg, Va., has agreed to buy Touchstone Bankshares in Prince George, Va. The $1.4 billion-asset First National
BOK Financial in Tulsa, Okla., plans to offset losses tied to a recent securities sale with proceeds from converting its
Organizers are planning a de novo bank in Culver City, Calif. A group filed an application earlier this year with
A group of Korean-Americans is looking to form a new bank in Los Angeles. Organizers of QIB Bank applied on
Savi Financial in Mount Vernon, Wash., which once explored forming a second bank, will instead sell its bank to Harborstone
The Federal Deposit Insurance Corp. has given conditional approval for a new bank in Houston. Organizers of the proposed Integrity
New York Community in Hicksville has appointed a director with experience serving on a bank board. The $114.1 billion-asset company
Bakkt Holdings in Alpharetta, Ga., selected one of its directors to become its next CEO. The crypto custody firm said
Air Force Federal Credit Union in San Antonio will rebrand as Soarian Credit Union on April 2. The $663 million-asset
A pair of fintech agreed to pay a total of $59 million to settle claims by the Federal Trade Commission
LINKBANCORP in Camp Hill, Pa., is closing three branches. The $2.7 billion-asset company said in a press release that
nCino in Wilmington, N.C., has agreed to buy DocFox, which automates onboarding experiences for commercial and business banking. The deal
United Prairie Bank in Mountain Lake, Minn., has a new CEO. Scott Miller announced on his LinkedIn account that he
New York Community Bancorp in Hicksville just sold $899 million of consumer loans and shed more light on its recently
Three New Orleans area mutual banks are planning to convert to stock-owned companies. The $1.1 billion-asset Fidelity Bank and the
A prominent activist investor is looking to win a board seat at Peoples Financial in Biloxi, Miss. Stilwell Associates
A group has formed a blank-check company in hopes of buying failed banks. The Office of the Comptroller of the
Spring Bank in Brookfield, Wis., has a new CEO. The $365 million-asset bank said that Heather Nelson succeeded founding CEO
Dime Community Bancshares in Hauppauge, N.Y., has launched a national deposits group. The $13.6 billion-asset company said in a press
East Wisconsin Savings Bank in Kaukauna is planning to convert from a mutual holding company to a stock holding company.
Sound Credit Union in Tacoma, Wash., has agreed to buy Washington Business Bank in Olympia – the sixth credit union-bank
Cross River Bank in Fort Lee, N.J., has formed an investment banking division. CRB Group, the parent of the $8.7
Bancorp 34 in Scottsdale, Ariz., reported a quarterly loss that largely reflected costs tied to a pending acquisition. The
Financial Institutions in Warsaw, N.Y., disclosed a case of fraudulent activity. The $6.2 billion-asset parent of Five Star Bank said
Landmark Bancorp in Manhattan, Kan., will have a new CEO. Abby Wendel will also become the company’s president and join
New York Community Bancorp in Hicksville will raise more than $1 billion by selling securities to Liberty Strategic Capital, Hudson
Berkshire Hills Bancorp in Boston has agreed to sell 10 branches in New York to three buyers. The company said
Bancorp 34 in Scottsdale, Ariz., will rebrand its bank after it buys CBOA Financial in Tucson, Ariz. Bancorp 34 said
North Valley Bancshares in Zanesville, Ohio, has agreed to buy Commodore Financial Network in Somerset, Ohio. The deal is expected
Beacon Credit Union in Wabash, Ind., has agreed to buy Mid-Southern Savings Bank in Salem, Ind.. The deal is expected
New York Community Bancorp in Hicksville has filled two high-profile vacancies. The $113.9 billion-asset company said in a press release that
Primis Financial in McLean, Va., will restate three quarters of financial statements – and amend a fourth – to address
Metropolitan Bank Holding in New York is getting out of Banking-as-a-Service. The $7.1 billion-asset company disclosed in a regulatory filing
New York Community Bancorp in Hicksville said that Thomas Cangemi had resigned as president and CEO, it had identified a
Indiana State University Federal Credit Union in Terre Haute is looking for a CEO. The $130 million-asset credit union said
A group has terminated an agreement to invest in Republic First Bancorp in Philadelphia. The group, which includes George Norcross
Green Dot in Austin, Texas, has set aside $20 million to cover a proposed consent order from the Federal Reserve
FirstBank in Lakewood, Colo., has a new CEO lined up. The $28.2 billion-asset bank said in a press release that
New Peoples Bankshares in Honaker, Va., will soon have a new leader. The $826.3 million-asset company said in a press
Esquire Financial Holdings in Jericho, N.Y., is headed to Southern California. The $1.6 billion-asset company said in a press release
Wells Fargo in San Francisco has recruited a former JPMorgan Chase executive to serve as its vice chairman. The $1.9
Southern States Bancshares in Anniston, Ala., has agreed to buy CBB Bancorp in Cartersville, Ga. The $2.5 billion-asset Southern States
Citizens National Bank in Bluffton, Ohio, has a new CEO. The $987 million-asset bank said in a press release that
Stockton Bancshares in Stockton, Kan., has agreed to buy Coffeyville Bancorp in Coffeyville, Kan. Stockton, the parent of the $310
Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, have received conditional approval from the Federal Deposit Insurance Corp.
Zions Bancorp. in Salt Lake City has shaken up its executive ranks following two retirements. The $87 billion-asset company said
Discover Financial Services would pay Capital One Financial in McLean, Va., a nearly $1.4 billion if it opts to sell
Lineage Bank in Franklin, Tenn., which once had big Banking-as-a-Service (BaaS) aspirations, is the latest fintech collaborator to receive an
U.S. Bancorp in Minneapolis has formed a division to serve private capital firms and global asset managers. The $663 billion-asset
Chickasaw Community Bank in Oklahoma City will soon have a new CEO. The $485.5 million-asset bank said that Bill Schonacher
Mechanics Bank in Walnut Creek, Calif., is looking for a new CEO. John DeCero recently retired from the $18 billion-asset
Navy Federal Credit Union in Vienna, Va., will soon have a new leader. The $170 billion-asset credit union said that
PB Financial in Rocky Mount, N.C., has raised more capital. The $982 million-asset company sold $11.8 million of common stock
Bruce Lee plans to retire as president and CEO of Heartland Financial USA in Denver. The $19.4 billion-asset company said
Capital One Financial in McLean, Va., has agreed to buy Discover Financial Services in Riverwood, Ill., for $35.3 billion. Capital
PNC Financial Services Group in Pittsburgh has a new president. The $562 billion-asset company said in a press release
Truist Financial in Charlotte, N.C., has agreed to sell the remaining stake in its insurance business. The $535 billion-asset company
Toast, a digital technology platform for the restaurant industry, plans to cut about 550 jobs. The fintech said in a
Finward Bancorp in Munster, Ind., has split the roles of chairman and CEO. The $2.1 billion-asset company disclosed in a
Community Bank System in Syracuse, N.Y., revised its fourth-quarter earnings to take into account a decision to settle a potential
Hometown Financial Group in Easthampton, Mass., has agreed to buy North Shore Bancorp in Peabody, Mass. The $4.7 billion-asset Hometown
Quaint Oak Bancorp in Southampton, Pa., is selling stock to another Puerto Rican investor. The $754 million-asset company disclosed in
Mission Lane, a Richmond, Va., consumer fintech company, has replaced its CEO after raising more capital. The company said in