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 as it braces for slowing asset growth

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

ValueBank Texas in Corpus Christi has promoted an insider as its next president. Seth Watts announced on his LinkedIn profile

Parlay, which developed a B2B SaaS platform for alternative credit scoring, has raised $1.3 million of pre-seed financing. The fintech

Guild Mortgage in San Diego has agreed to buy Academy Mortgage in Salt Lake City. The price wasn’t disclosed. Academy

Capital Funding Bancorp in Baltimore didn’t have to look far to find its new bank CEO. The holding company for

Cambridge Savings Bank in Cambridge, Mass., has a new CEO. The $6 billion-asset mutual bank said in a press release

PNC Financial Services Group in Pittsburgh plans to invest $1 billion over the next five years to open more than

Liberty Bank in Middletown, Conn., has expanded its digital-only bank to three new states. The $7.5 billion-asset mutual bank has

New York Community Bancorp in Hicksville made it clear that Alessandro DiNello is in charge. The $116.3 billion-asset company disclosed

Heartland Financial USA in Denver has agreed to sell nine Montana branches. The $19.4 billion-asset Heartland said in a press

Community State Bank in Ankeny, Iowa, has a new president. The $1.4 billion-asset bank said in a press release that

Primary Bank in Bedford, N.H., has a new CEO. The $700 million-asset company said in a LinkedIn post that Crystal

American Honda Finance, automaker Honda's financing arm, said it is being investigated by the Consumer Financial Protection Bureau over its

First Financial Bancorp in Cincinnati has agreed to a five-year, $2.4 billion community benefits agreement. The $17.5 billion-asset company, under

Grove Bank & Trust in Miami has a new president. The $1 billion-asset bank named Ed Joyce to fill the

SouthState in Winter Haven, Fla., was the victim of a cyberattack.   The $44.9 billion-asset company disclosed in a regulatory

Provident Bancorp in Amesbury, Mass., is back to having just one president and CEO. The $1.7 billion-asset company disclosed in

BankFinancial in Burr Ridge, Ill., has reached a truce with an activist investor and added two directors to its board.

Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, are more than halfway to hitting their initial capital target.

The former CEO of Heartland Tri-State Bank in Elkhart, Kan., which failed in July, has been indicted on charges of

Empeople Credit Union in Moline, Ill., has agreed to buy TSB Bank in Lomira, Wis. The $2 billion-asset Empeople expects

Dutch neobank bunq withdrew its application for a U.S. banking license. Bunq said that issues emerged among its Dutch regulator,

Pilot Bancorp in Pilot Grove, Iowa, has agreed to buy Wayland State Bank in Mt. Pleasant, Iowa. Pilot, the parent

Wildfire Credit Union in Saginaw, Mich., has a new leader. The $1 billion-asset credit union said in a press release

SESLOC Credit Union in San Luis Obispo, Calif., has lined up its next CEO. The $1.1 billion-asset credit union said

GreenState Credit Union in North Liberty, Iowa, has a new CEO. The $11 billion-asset credit union said in a press

New York Community Bancorp in Hicksville is looking to ease concerns about its balance sheet and management team. The $116.3

The Federal Reserve terminated an enforcement action with Farmington State Bank in Washington. The Fed said that it ended the

Star Bank in Maple Lake, Minn., has applied to buy Community Development Bank in Hancock, Minn. The $380 million-asset Star

UMB Financial in Kansas City, Mo., has a new president.   The $44 billion-asset company said in a press release

NorthEast Community Bancorp in White Plains, N.Y., has sold its wealth management division. The $1.8 billion-asset company said in a

LendingClub in San Francisco has been released from an operating agreement tied to its 2021 purchase of Radius Bancorp. The

F.N.B. Corp. in Pittsburgh agreed to pay $13.5 million to settle redlining claims in North Carolina. The Department of Justice

CoastalSouth Bancshares in Hilton Head Island, S.C., raised $12 million through a private placement of common stock. The $2 billion-asset

Truist Financial in Charlotte, N.C., agreed to sell investment manager Sterling Capital Management to Guardian Capital Group in Toronto. Guardian

Peoples Bank & Trust in Pana, Ill., has agreed to buy Arcola First Bank in Arcola, Ill. The $539 million

First National in Strasburg, Va., reported a quarterly loss due to issues with commercial loans originated by a third-party lender.

Regions Financial in Birmingham, Ala., plans to cut 600 jobs, or roughly 3% of its workforce. Roughly 70% of the

Vast Bank in Tulsa, Okla., once a pioneer in serving as a custodian of cryptocurrency, disabled and removed its crypto

The Office of the Comptroller of the Currency assessed a $65 million civil money penalty against Royal Bank of Canada’s

Dogwood State Bank in Raleigh, N.C., has agreed to buy Community First Bancorp. in Seneca, S.C. The $1.4 billion-asset Dogwood

Arrow Financial in Glens Falls, N.Y., reported lower earnings that included margin pressure, a securities loss and a gain from

Business First Bancshares in Baton Rouge, La., has agreed to buy Waterstone LSP, a company that helps small banks and

Carver Bancorp said it “definitively rejects” an investor's offer to buy a 35% stake in the New York bank. The

Get used to hearing more about MountainSeed Real Estate Services after it secured its third sale-leaseback transaction in the past

WaFd in Seattle has finally secured regulatory approval to buy Luther Burbank in Santa Rosa, Calif. The $22.6 billion-asset WaFd

Central Pacific Financial in Honolulu reported lower quarterly profit that reflected margin pressure, a higher loan-loss provision and a securities

New York Community Bancorp in Hicksville, which bought the failed Signature Bank last year, slashed its dividend after credit issues

Cadence Bank used proceeds from the sale of its insurance business to more than offset a large securities sale. The

Heritage Financial in Olympia, Wash., reported lower earnings that reflected securities sales and an expense-cutting effort. The $7.2 billion-asset company

Southern California Bancorp in San Diego has agreed to buy California BanCorp in Oakland. The $2.4 billion-asset Southern California said

The Office of the Comptroller of the Currency plans to revoke a rule that limits the amount of time it

Advia Credit Union in Kalamazoo, Mich., has agreed to buy NorthSide Community Bank in Gurnee, Ill. The $3 billion-asset Advia

Bank of Marin in Novato, Calif., continued to purge its balance sheet. The $3.8 billion-asset company said in a press

Sierra Bancorp in Porterville, Calif., offset the costs of selling securities with proceeds from a sale-leaseback transaction. The $3.7 billion-asset

Beacon Credit Union in Wabash, Ind., has agreed to buy substantially all of the assets and liabilities of Mid-Southern Savings

TD Bank has unveiled a three-year, $20 billion community development plan. The Canadian bank said in a press release that

CORRECTION: A previous version of this article identified the wrong company and the regulatory order was incorrect. The errors have

Primis Financial in McLean, Va., acquired a 19% stake in Panacea Financial Holdings as part of the fintech’s recent Series

First Hawaiian in Honolulu reported lower earnings that reflected margin pressure, securities losses and a special assessment from the Federal

The Office of the Comptroller of the Currency now considers Blue Ridge Bank in Charlottesville, Va., to be in a

WSFS Financial in Wilmington, Del., had a noisy fourth quarter. The $20.6 billion-asset company said in a press release that

Kearny Financial in Fairfield, N.J., said it recently sold some real estate holdings and restructured its bank-owned life insurance portfolio.

HomeTrust Bancshares in Asheville, N.C., has decided to exit indirect auto lending and “right-size” its mortgage operations. The $4.7 billion-asset

Valley National Bancorp in New York reported lower quarterly profit that included a higher loan-loss provision and costs tied to

More banks continued to absorb losses from securities sales during the fourth quarter. Carter Bankshares in Martinsville, Va., sold $30

Origin Bancorp in Ruston, La., posted a decline in quarterly profit that reflected margin pressure and the sale of securities.

Hanover Bancorp in Mineola, N.Y., filed a shelf registration to raise up to $50 million in capital over time. The

FVCBankcorp in Fairfax, Va., reported a net loss in the fourth quarter after it purged its securities portfolio and closed

Simmons First National in Pine Bluff, Ark., reported a messy fourth quarter that included a securities loss, a higher loan-loss

BOK Financial in Tulsa, Okla., reported a sharp decline in net income that reflected securities losses and its special assessment

National Bankshares in Blacksburg, Va., has agreed to buy Frontier Community Bank in Waynesboro, Va. The $1.6 billion-asset National Bankshares

OFG Bancorp in San Juan, Puerto Rico, reported slightly higher quarterly profit after a gain from selling nonperforming small business

Brex, an expense management fintech, has laid off 20% of its staff. The company said in a note published on

Business First Bancshares in Baton Rouge, La., reported lower quarterly profit that reflected securities losses and costs tied to a

ModernFi, a fintech that helps banks retain and attract deposits, has closed an $18.7 million Series A funding round that

Community Bancorp in Derby, Vt., has a new bank president.   The $1.1 billion-asset Community Bancorp said in a press

Comerica in Dallas will cut 250 jobs and close 26 branches as part of a broad expense-cutting plan. The $84.1

Plumas Bancorp in Reno, Nev., has agreed to sell 12 properties as part of a sale-leaseback transaction. The $1.6 billion-asset

Central Bancshares in Muscatine, Iowa, has finalized the succession plan for its CEO. Central said in a press release that

The Federal Reserve has extended the deadline for commenting on its proposal to lower certain debit interchange fees.   The

NBT Bancorp in Norwich, N.Y., will soon have a new leader. The $13.8 billion-asset company said in a press release

Jack Henry in Monett, Mo., will promote an insider to become its new CEO. The company said in a press

First Security Bank & Trust in Charles City, Iowa, has a new CEO. The $570 million-asset bank said in a

Synchrony has agreed to buy Ally Financial’s point-of-sale financing business. The companies said in a press release that the sale

Rivermark Community Credit Union in Beaverton, Ore., and Advantis Credit Union in Oregon City are planning to merge. The $1.4

Somerville Bank in Eaton, Ohio, has a new CEO. The $255.8 million-asset bank said in a press release that David

Banner Corp. in Walla Walla, Wash., reported lower quarterly profit that reflected balance sheet pressure and a securities loss. The

Patriot Bank in Millington, Tenn., will pay $1.9 million to settle a redlining probe. The Justice Department said in a

The Office of the Comptroller of the Currency is looking to crack down on a bank holding company that is

Citizens Bank in Philadelphia, Miss., completed a sale-leaseback transaction involving three branches. The $1.4 billion-asset bank sold the locations for

F.N.B. in Pittsburgh reported a decline in quarterly earnings after it sold underwater securities, set the stage for selling indirect

Another banking company has shed underwater securities. The latest announcement comes from 1st Source in South Bend, Ind., which sold

The newly created America’s Credit Unions plan to lay off 25% to 30% of its workforce, or roughly 80 positions.

David Stevens, who led the Mortgage Bankers Association for seven years, has died. Stevens, 66, died unexpectedly, the MBA said

Truist Financial in Charlotte, N.C., reported a quarterly loss that reflected lower revenue, a goodwill impairment charge, a special assessment

Princeton Bancorp in New Jersey, which once tried to sell itself, is again a buyer. The $2 billion-asset company said

Citizens Financial Group in Providence, R.I., reported a sharp decline in quarterly earnings that reflected its special assessment from the

Kentucky First Federal Bancorp in Hazard indefinitely suspended its quarterly dividend.   The $357 million-asset company said in a press

Centra Credit Union in Columbus, Ind., and Hoosier Hills Credit Union in Bedford, Ind., are planning to merge. The $2.1

Panacea Financial, a fintech division of Primis Financial in McLean, Va., raised $24.5 million in Series B funding. The fintech,

The Consumer Financial Protection Bureau has proposed a rule that would limit overdraft charges at large U.S. banks and credit

Fulton Financial in Lancaster, Pa., reported lower quarterly earnings that reflected restructuring costs and a special assessment from the Federal

First Bancshares in Hattiesburg, Miss., joined the growing list of banks repositioning securities during the fourth quarter. The $7.9 billion-asset

BankFirst in Manitowoc, Wis., reported a significant increase in net income after the sale of a minority stake in a

Banks in Michigan, Ohio and New York completed private placements of common stock. Bank Michigan Financial in Brooklyn sold $4.1

Amerant Bancorp in Coral Gables, Fla., has agreed to sell $401 million of multifamily loans at a loss. The $9.3

FirstSun Capital Bancorp in Denver has agreed to buy HomeStreet in Seattle. The $7.8 billion-asset FirstSun said in a press

Ally Financial in Detroit has an interim CEO. The company said in a press release that Douglas Timmerman will take

Payment processor Fiserv is trying to become the first company to obtain a merchant acquirer limited purpose bank charter in

Forward Bank in Marshfield, Wis., has agreed to buy Lake City Federal Bank in Lake City, Minn. The $964 million-asset

Stablecoin issuer Circle has filed confidential paperwork with the Securities and Exchange Commission for an initial public offering. The company,

AmeriServ Financial in Johnstown, Pa., expects to report a large quarterly loss after pursuing cost-cutting measures, selling underwater securities, and

Virginia Credit Union in Richmond and Member One Federal Credit Union in Roanoke, Va., plan to merge. The combination of

Esquire Financial Holdings in Jericho, N.Y., has acquired a large stake in United Payment Systems. The $1.5 billion-asset Esquire said

The second credit union-bank deal of 2024 is a doozy.   Global Federal Credit Union in Anchorage, Alaska, agreed to

A proposed bank in New York plans to offer special products to first responders. Organizers of Greater Gotham Bank is

Citigroup in New York recorded a $1.3 billion reserve build in the fourth quarter tied to exposure in Argentina and

Security Federal in Aiken, S.C., changed it bylaws to remove a mandatory retirement provision for its officers. The $1.5 billion-asset

Blue Ridge Bankshares in Charlottesville, Va., is looking to resolve a longstanding lawsuit filed by former employees of a processor

Caltech Employees Credit Union in La Cañada Flintridge, Calif., has lined up its next CEO. The $2 billion-asset credit union

Hudson Valley Credit Union in Poughkeepsie, N.Y., has agreed to buy Catskill Hudson Bank in Kingston, N.Y. The $7 billion-asset

A former Wells Fargo and JPMorgan Chase executive is set to become the next president of Mr. Cooper Group. The

Clark Street Capital in Chicago created a platform that helps community banks and other lenders quickly sell small loans. The

Pacific Financial in Aberdeen, Wash., has hired a commercial banking team from First Interstate Bank. The $1.2 billion-asset company said

Susser Banc Holdings in Dallas has raised $40.3 million through a private placement of common stock. The parent of the

Kevin Hood has been named CEO of 1st University Credit Union in Waco, Texas. Hood, who was an executive vice

Comerica in Dallas disclosed several special items that will impact fourth-quarter results. The $85.7 billion-asset company said in a regulatory

Bank of America in Charlotte, N.C., plans to record a roughly $1.6 billion charge in the fourth quarter tied to

FNBC Bank in Ash Flat, Ark., has a new president. The $775 million-asset bank said in a press release that

Pioneer Bancorp in Albany, N.Y., and Citizens & Northern in Wellsboro, Pa., repositioned their securities portfolios last month. The $2

Scale Bank in Edina, Minn., has filed to merge with Provident Commercial Finance in Chattanooga, Tenn. The $557 million-asset Scale

Coastal Financial in Everett, Wash., appointed Brian Hamilton, a veteran banking and fintech executive, to its board. The $3.7 billion-asset

The president of Hancock Whitney Bank in Gulfport, Miss., is set to retire. The unit of the $36.3 billion-asset Hancock

The Federal Reserve Bank of St. Louis has lined up its next CEO. The St. Louis Fed said in a