Coastal Financial in Everett, Wash., is cutting costs at the top. The company disclosed in a regulatory filing that Brian

First Mid Bancshares in Mattoon, Ill., has agreed to buy Evergreen Bancshares in Wellsville, Mo. The $9.4 billion-asset First Mid

Carter Bankshares in Martinsville, Va., has created a dedicated team to focus on Small Business Administration lending. The $4.7 billion-asset

Colony Bankcorp in Fitzgerald, Ga., has agreed to sell three Georgia branches to MountainSeed Real Estate Services for $19.9 million.

Princeton Bancorp in Princeton, N.J., reported lower quarterly profit that reflected higher credit costs and an asset write-down. The $2.3

Mechanics Bancorp in Walnut Creek, Calif., posted lower profit after shedding indirect auto loans and restructuring its securities portfolio. The

First Busey in Leawood, Kan., took an earnings hit tied to a commercial relationship. The $18.5 billion-asset company said in

Cross River Bank in Fort Lee, N.J., is taking its embedded finance infrastructure overseas. CRB Group, the holding company for

Bank of America in Charlotte, N.C., is continuing to fill in its national footprint. The megabank said in a press

Farmers National Banc Corp. in Canfield, Ohio, reported higher quarterly earnings that reflected its purchase of Middlefield Banc Corp. The

First Community Bankshares in Bluefield, Va., has agreed to buy Main Street Financial Services in Wooster, Ohio. The $3.6 billion-asset

John McNair plans to step down as the CEO of the Community Bankers Association of Georgia. McNair said in a

Renasant in Tupelo, Miss., has agreed to buy Commercial Holding in Paris, Tenn. The $27.5 billion-asset Renasant said in a

UMB Financial in Kansas City, Mo., has agreed to buy El Dorado Savings Bank in Placerville, Calif. The $70.8 billion-asset

Seneca Bancorp in Baldwinsville, N.Y., sold its wealth management business. The company disclosed in a regulatory filing that it agreed

First Guaranty Bancshares in Hammond, La., is back in the black. The $3.2 billion-asset company reported third-quarter net income of

Community Financial System in Syracuse, N.Y., reported higher quarterly profit despite purging underperforming securities and boosting its loan-loss provision. The

The Office of the Comptroller of the Currency has fully approved Ripple to launch a national trust bank. CEO Brad

The Mission Driven Bank Fund has again invested in American Bancorp in Macon, Ga. The fund did not disclose the

Sezzle has applied to form a national bank. The Minneapolis Buy Now, Pay Later (BNPL) platform applied to the Office

BayCom in Walnut Creek, Calif., reported lower quarterly profit after it purged its securities portfolio. The $2.7 billion-asset company said

A Seattle group has applied to open a bank built around a single idea: landlords shouldn’t have to find a

Organizers in Bedford, N.H., received approval from the Federal Deposit Insurance Corp. for deposit insurance. The FDIC granted conditional approval

ConnectOne Bancorp in Englewood Cliffs, N.J., reported lower quarterly profit after agreeing to sell a pool of multifamily loans. The

Kearny Financial in Fairfield, N.J., created a new business line to collect deposits. The $7.8 billion-asset company said in a

Plains State Bank in Humble, Texas, has agreed to buy Austin Colony in Lake Jackson, Texas. Austin Colony is the

A group of Fresno bankers and business leaders has applied to open California Standard Bank. The organizers, in their application

Northpointe Bancshares in Grand Rapids, Mich., has agreed to sell its direct mortgage origination channels to CMG Financial. The $7.7

CRB Group, the parent company of Cross River Bank in Fort Lee, N.J., has agreed to buy customer loyalty fintech

Home Bancorp in Lafayette, La., will begin 2027 with a new CEO. The $3.6 billion-asset company said in a press

Ramp has applied for a national trust bank charter with the Office of the Comptroller of the Currency. The expense

Dime Commercial Bancshares in Hauppauge, N.Y., has agreed to buy ES Bancshares in Staten Island, N.Y. The $15 billion-asset Dime

The fight for M&F Bancorp isn’t over yet, but the Durham, N.C., company’s board made clear where it stands. M&F

DFCU Financial in Dearborn, Mich., has agreed to buy Gulfside Bank in Sarasota, Fla. The $8 billion-asset DFCU said in

Alliance Bank in Sulphur Springs, Texas, has a new leader. The bank said in a release that Craig Roberts had

Truist Financial in Charlotte, N.C., has agreed to sell its unsecured lending platform. The $554 billion-asset company said in a

The sale of one of the nation's oldest Black-owned banks has become a public contest. Optus Financial in Columbia, S.C.,

Array, an embeddable fintech platform that offers financial empowerment tools, acquired Hansa, which pairs business credit furnishing with embedded business

Texas Banc Financial in Fort Worth has agreed to buy Haskell Bancshares in Haskell, Texas. The $2.5 billion-asset parent of

Plans are under way for a new bank in Seattle. Final Finance Bank applied to the Washington State Department and

First Horizon in Memphis, Tenn., reported a third-quarter net loss after deciding to sell a large portion of its mortgage

Veteran bank investor Ken Lehman now has a 39.4% stake in BayFirst Financial in St. Petersburg, Fla. Lehman acquired nearly

Bank of America in Charlotte, N.C., must pay more than $1.2 billion in penalties for violating anti-money laundering and sanctions

Columbia Banking System is moving most of its top executives from Washington to Arizona. The new executive office in Scottsdale

Upgrade has applied for an industrial bank charter. The fintech submitted its applications to the Nevada Financial Institutions Division and

Cullen/Frost Bankers in San Antonio, Texas, has invested $5 million in the Iowa bank recently acquired by San Antonio Spurs

Sullivan Bank in Sullivan, Mo., has agreed to buy Bank of Crocker in Waynesville, Mo. The $1.4 billion-asset Sullivan Bank

Pinnacle Bancorp in Omaha, Neb., has agreed to buy Southern Bancshares in Moulton, Texas. The $20.9 billion-asset Pinnacle did not

The Office of the Comptroller of the Currency has issued a cease-and-desist order and a $350 million civil money penalty

Southern Michigan Bancorp in Coldwater has begun a search for a new CEO. The $1.7 billion-asset company said in a

Organizers of the proposed Alba Bank in Houston have received conditional approval from the Federal Deposit Insurance Corp. The group

First National Bank Alaska in Anchorage will start 2027 with a new leader. The $5.1 billion-asset bank said in a

Anchorage Digital has acquired payouts platform Routable. Anchorage did not disclose the price it paid for the platform, which helps

A former neobank founder is launching a new business to help founder-led fintechs. Cam & Bow, created by Amber Buker, will

A group is looking to form a de novo bank near Nashville, Tenn. Mark Minish posted on LinkedIn that he

Third Coast Bancshares in Houston has agreed to buy Great Plains Bancshares in Oklahoma City. The $7 billion-asset Third Coast

Byline Bancorp in Chicago has agreed to buy Illinois State Bancorp in Chicago. The $9.9 billion-asset Byline said in a

TowneBank in Suffolk, Va., has agreed to buy blueharbor bank in Mooresville, N.C. The $22.6 billion-asset TowneBank said in a

Rain, which provides infrastructure for stablecoin payments, has applied to the Office of the Comptroller of the Currency to create

New Horizon Bank in Virginia is moving its headquarters. The bank said in a press release that it will relocated

Arbor Bancorp in Ann Arbor, Mich., has agreed to buy Huron Valley Bancorp in Milford, Mich. The parent of the

Modern Treasury in San Francisco, which provides infrastructure for global money movement, has applied to the Office of the Comptroller

National Bank Holdings in Denver warned that it expects material impairments on specific commercial loans in the third quarter, mostly

Blackhawk Bancorp. in Milan, Ill., has agreed to buy Liberty Bancorp. in Durant, Iowa. The $2 billion-asset parent of Blackhawk

Chemung Financial in Elmira, N.Y., will rebrand its banks under one name. The $2.8 billion-asset company said in a press

American Bancorp in Macon, Ga., has sold the charter of New Republic Bank in Charlotte, N.C., to a Florida investor

Parkway Bancorp in Chicago has fresh capital and new leadership. The company said in a press release that it raised

Organizers of the proposed New South Bank in Tampa, Fla., have received conditional approval from the Federal Deposit Insurance Corp.

First Merchants in Muncie, Ind., will begin 2027 with a new CEO. The $21 billion-asset company said in a press

Stripe has agreed to acquire Parafin, an embedded financial products platform. Parafin supports platforms that include DoorDash, Gusto, Jobber, and

Peoples Bancorp in Marietta, Ohio, has agreed to buy Capital Bancorp in Rockville, Md. The $9.5 billion-asset Peoples said in

A group has rejuvenated an effort to form a bank in Washington, D.C., that would focus on the Ethiopian-American community.

Trustar Bankshares in McLean, Va., is raising $28.1 million through a private placement of common and preferred stock. The company

Valley National Bancorp in New York has agreed to buy fintech Bluevine in Jersey City, N.J. The $66 billion-asset Valley

BCB Bancorp in Bayonne, N.J., has agreed to sell several portfolios of problem loans — most rated criticized or classified

Nano Banc in Irvine, Calif., was closed by California's Department of Financial Protection and Innovation. The Federal Deposit Insurance Corp., appointed

Mission Lane received conditional approval from the Office of the Comptroller of the Currency to become a nationally chartered credit card

The Federal Deposit Insurance Corp. has issued a sweeping prompt corrective action directive against Old Glory Bank in Elmore City,

Gulf Winds Credit Union in Pensacola, Fla., has agreed to buy Peoples Exchange Bank in Monroeville, Ala. The $1.3 billion-asset

Patriot National Bancorp in Stamford, Conn., will raise nearly $5.5 million after agreeing to sell common stock and warrants in

Central Bank of Oklahoma has a new CEO. The bank said in a press release that Matt Adams had also

Sherburne State Bank in Becker, Min., will shorten its name. The $351 million-asset bank said it will rebrand as Sherburne

Peoples Bancshares of TN in Madisonville, Tenn., has applied to buy First Peoples Bancorp in Jefferson City, Tenn. Peoples Bancshares,

Avant has applied for a national bank charter. The fintech applied to the Federal Deposit Insurance Corp. and the Office

WestStar Bank Holding Co. in El Paso, Texas, has agreed to buy Las Vegas Bancorp. in Albuquerque, N.M. The $3.3

Crux Analytics has raised $2.2 million in seed funding to help institutions engage, acquire, and retain high-potential business relationships. The

Unity Bancorp in Clinton, N.J., will have a new CEO in 2027. The $3.2 billion-asset company said in a press

Seamen's Bank in Provincetown, Mass., has a new leader. The $478.5 million-asset bank said in a LinkedIn post that its

Texas Farm Credit Services and Legacy Ag Credit are in talks to merge. The lenders disclosed that they have a

Beacon Financial in Boston has selected an insider as its next CEO. The $22.3 billion-asset company said in a press

David Herndon will retire as Kansas Bank Commissioner on Oct. 30. Herndon has been the state's bank commissioner since 2019.

Gateway First Bancorp in Jenks, Okla., has agreed to buy First Western Mortgage and unit Colonial Savings in Fort Worth,

Ryan Bailey, the president and CEO of Cambridge Financial in Cambridge, Mass., will serve as an adviser to Fibr AI.

Mechanics Bancorp in Walnut Creek, Calif., has sold a portfolio of performing indirect auto loans to Bank of America's trading

BCB Bancorp in Bayonne, N.J., is turning to the capital markets as the scale of its credit cleanup comes into

Richton Bank & Trust in Richton, Miss., has a new leader. John Shappley shared in a LinkedIn post that he

Community Bank Mankato in Vernon Center, Minn., has new leadership following the passing of founder Quentin Beadell. The $538 million-asset

Lineage Bank in Franklin, Tenn., has a new name. The bank said in a press release that it rebranded as

Enova International has withdrawn its applications to buy Grasshopper Bank in New York. Enova, which agreed in December 2025 to

Truist Financial in Charlotte, N.C., will get out of near-prime auto lending by selling substantially all assets of its unit,

U Bancshares in Knoxville, Tenn., has agreed to buy Heritage Community Bank Greeneville, Tenn. The parent company of the $182.2

Arrow Financial in Glens Falls, N.Y., has agreed to buy Skene Valley Agency. Arrow said in a press release that

Bank7 Corp. in Oklahoma City has emerged as the winning bidder in a court-supervised auction for roughly 71% of Century

The North Dakota Bankers Association is looking for its next leader. The association said in a press release that Rick

Mercury is one step closer to opening a bank. The fintech received conditional approval for deposit insurance from the Federal

Nola Bank is set to open in New Orleans next week. The de novo will debut on Sept. 14, co-founder

Trustmark in Jackson, Miss., is using proceeds from a sale-leaseback transaction to offset a hit from selling underperforming securities. The

A 40-year-old mortgage company is looking to become a bank built specifically to serve college and professional athletes. Data Mortgage,

Chime has agreed to buy Stride Bank, which has served as its sponsor bank for the past seven years. The

United Community Banks in Greenville, S.C., is using gains from selling its equipment finance business to purge its securities portfolio.

Two investment firms are escalating a push for change at United Bancorp. of Alabama in Atmore by formally requesting board

Huntington Bancshares in Columbus, Ohio, is moving ahead with succession planning. The $284 billion-asset company said in a press release

QNB Corp. in Quakertown, Pa., restructured its securities portfolio. The company said in a press release that it sold $254.4

John Marshall Bancorp in Reston, Va., has agreed to buy Eagle Financial Services in Berryville, Va. The $2.4 billion-asset John

Brazilian neobank Stark Bank has applied for a U.S. national bank charter, adding another name to the growing list of

Baker Boyer in Walla Walla, Wash., has completed its four-year CEO succession plan. The bank said in a press release

MidCountry Bank in Bloomington, Minn., has a new leader. The $1.1 billion-asset bank said in a press release that Jim

A group is planning to form a bank in Texas. Organizers of Texas Patriot Bank applied to open the proposed

The Federal Reserve Board terminated a two-year-old enforcement action against United Texas Bank in Dallas. The original cease-and-desist order, issued

OpenReserve Bank has received conditional approval from the Office of the Comptroller of the Currency for a national bank charter.

Simmons First National in Pine Bluff, Ark., is closing 26 branches in five states. The company disclosed in a regulatory

U.K. neobank Revolut has received conditional approval from the Office of the Comptroller of the Currency for a U.S. national

Organizers of the proposed Georgia Skyline Bank in Roswell have shifted gears and will instead buy and recapitalize Highlands Community

Cari, a bank-governed digital money network founded by Gene Ludwig, has raised $32.5 million in the first tranche of its

STAR Financial Group in Fort Wayne, Ind., is planning to launch a digital banking unit to support small businesses and

Parkside Financial in St. Louis, Mo., has agreed to buy First American Bancorp in Greenwood Village, Colo. The $1.1 billion-asset

Equity Bancshares in Wichita, Kan., has agreed to buy Lincoln Bancorp in Reinbeck, Iowa. The $7.7 billion-asset Equity said in

First National of Nebraska in Omaha has agreed to buy InBankshares in Denver. First National, part of the $35 billion-asset

TabaPay in Palo Alto, Calif., raised $155 million and agreed to buy Transact Bank in Denver. The money movement platform

Immediate, an earned wage access and financial wellness platform, closed a $13 million Series B led by BankTech Ventures. The

William Isaac, the former Federal Deposit Insurance Corp. chair who steered the agency through financial turbulence of the 1980s, died

Mid Penn Bancorp in Pennsylvania is adding a familiar name in area banking to its board. The $7 billion-asset company

Essex Mortgage is seeking a bank charter. The business, legally known as Data Mortgage, applied with the Federal Deposit Insurance

BayFirst Financial in St. Petersburg, Fla., plans to raise up to $14.4 million through a rights offering. The $1.1 billion-asset

Farmers & Merchants Bank of Long Beach in California expects to report a net loss in the third quarter after

Security National in Sioux City, Iowa, has a new leader lined up. The company said in a press release that

Luminate Bank in Falcon Heights, Minn., has agreed to buy First State Mortgage Services. The $554 million-asset Luminate said in

Mutual Federal Bancorp in Chicago is planning a second-step conversion to a fully stock-owned holding company. The parent of Mutual

Home Federal Bank in Knoxville, Tenn., will start 2027 with a new leader. The bank said in a press release

First Financial in Terre Haute, Ind., has agreed to buy First Illinois Corp. in Decatur. The $6.2 billion-asset First Financial

Zerohash in Chicago has resubmitted its application for a national trust bank charter. The crypto infrastructure provider's initial application was

Mission Valley Bancorp in Sun Valley, Calif., has a new president. The company said in a press release that Brian

Gulf Winds Credit Union has agreed to buy Madison County Community Bank in Madison, Fla. The $1.3 billion-asset credit union

Gateway Commercial Bank in Mesa, Ariz., will split the president and CEO roles after James Christensen retires next year. The

An investor group has agreed to buy Hazlehurst Investors, the parent of Bank of Hazlehurst in Georgia. Brighton Capital, an

Cashmere Valley Bank in Cashmere, Wash., which has been facing investor pressure to sell, has a new CEO. The $2.3

American Savings Bank in Honolulu has filed a registration statement in advance of its planned initial public offering. The $9

Profinium Financial Holdings in Fairmont, Minn., has agreed to buy F&M Community Bank in Preston, Minn. The parent of the

Valley National Bancorp in New York has agreed to buy Providence Financial in South Holland, Ill. The $66 billion-asset Valley

SouthPoint Bancshares in Birmingham, Ala., is dealing with a written agreement with its regulators. The $1.7 billion-asset company entered into

Connecticut Community Bank in Norwalk has a new leader. The bank announced that Lou Garcia had succeeded David Tralka as

VALT is closer to operating a digital-only bank. The fintech disclosed that it received conditional approval from the Federal Deposit

Tioga-Franklin Savings Bank in Philadelphia has failed. The bank was closed today by the Pennsylvania Department of Banking and Securities,

Itaú Bank in Brazil was granted conditional approval from the Office of the Comptroller of the Currency to open a

Trustar Bank in Great Falls, Va., has agreed to buy branches in Maryland from Forbright Bank. Trustar said in a

Exchange Bank in Santa Rosa, Calif., is looking for a new leader. The $3.2 billion-asset bank said in a press

Nissan Motor Co. has reportedly abandoned plans for an industrial bank based in Utah. The automaker opted to cancel the

QNB Corp. in Quakertown, Pa., plans to raise at least $42.3 million by selling common stock. The company said in

Pontiac Bancorp in Pontiac, Ill., has agreed to buy Ottawa Bancorp in Ottawa, Ill. The parent of the $1.2 billion-asset

Kita, an AI credit underwriting and assessment platform, raised $4.5 million in a seed round. The fintech said in a

Pro basketball player Harrison Barnes is inching closer to buying Community State Bank in Paton, Iowa. Shareholders of the $42.8

Bryant Bank in Tuscaloosa, Ala., has shuffled its leadership team. The $2.9 billion-asset bank said in a press release that

Mint National Bank in Kingwood, Texas, has a new CEO. Jason Cassity, a member of the $392.8 million-asset bank's board,

Great American Bank in Lawrence, Kan., has agreed to buy Cottonwood Valley Bank in Cedar Point, Kan. The $504.3 million-asset

Old Glory Bank in Elmore City, Okla., will remain privately held after scrapping a plan to sell to Digital Asset

HomeTrust Bancshares in Asheville, N.C., has agreed to buy Blue Ridge Bankshares in Charlottesville, Va. The $4.4 billion-asset HomeTrust said

Entersekt, a global provider of digital banking fraud prevention and payment security, has a new leader. The company said that

Citigroup in New York has agreed to buy Kard Financial. Citi said in a press release that it the undisclosed

Magnolia Bancorp in Metairie, La., is reshuffling its executive leadership team after Donice Wagner resigned as chief financial officer. Magnolia

First Guaranty Bancshares in Hammond, La., has entered into a consent order with the Federal Deposit Insurance Corp. and the

Bank of America in Charlotte, N.C., has agreed to buy up to a 49.9% stake in a lending business in

Blue Ridge Bankshares in Charlottesville, Va., booked a bigger second-quarter loss than it initially reported after increasing reserves on a

HBT Financial in Bloomington, Ill., has agreed to buy Tri-County Financial Group in Mendota, Ill. The $6.7 billion-asset HBT said

CCBank in Pleasant Grove, Utah, and its mortgage subsidiary are rebranding. The bank and Security Home Mortgage will rebrand as

The Office of the Comptroller of the Currency has rejected an application from Dutch fintech bunq to launch a national

Great Lakes Credit Union in Bannockburn, Ill., has invested in Nook, a credit union service organization (CUSO) that provides data integration,

AltaOne Federal Credit Union in Ridgecrest, Calif., has invested in Veep Software. As part of the investment, the companies launched

River City Bank in Sacramento, Calif., sold $121.5 million in stock for two shareholders. The bank said in a press

The SOLO Network, a customer data-sharing and reusable-verification platform, is running a bank reliance pilot observed by FinCEN and coordinated

Augustus, previously known as Ivy, has received conditional approval from the Federal Deposit Insurance Corp. for deposit insurance. Augustus, which

Essex Bank in Essex, Conn., has a new CEO. The bank said in a press release that Lynn Giroux had

Zaria Systems, a servicer specializing in digital asset-backed loans and securities, has applied with the Office of the Comptroller of

Albert, a fintech that offers instant lines of credit, is seeking to establish a Utah-chartered industrial bank. The company applied

Ken LaRoe, the founder, chairman and CEO of Climate First Bancorp, told employees, customers and other stakeholders this week that

Cornerstone Advisors in Scottsdale, Ariz., has a new leader. The consulting firm said in a press release that Mazen Ghalayini

Payfinia, a credit union service organization (CUSO) that provides an open payments framework, has received an investment from Patelco Credit

MeridianLink, a software provider, has acquired Credit Mountain, an AI-focused financial wellness platform. MeridianLink said in a press release that

Dakota, a neobank that issued an enterprise stablecoin offering earlier this year, has applied for a national trust bank charter.

BCB Bancorp in Bayonne, N.J., reported a $14.8 million second-quarter loss. The $3.1 billion-asset company, which just hired turnaround expert

The Illinois Bankers Association has a new leader. The association said that David Boulay had become its president and CEO.

Chime plans to cut a tenth of its workforce, or roughly 150 people. The fintech is looking to capitalize on

Peoples Bancshares of TN in Madisonville, Tenn., has agreed to buy First Peoples Bancorp in Jefferson City, Tenn. Peoples Bancshares

Coastal Financial in Everett, Wash., reported a quarterly loss and disclosed that it is no longer in talks to buy

Linker Finance raised $5 million in its latest seed round. The company, which helps banks figure out digital banking, has

Bank of America in Charlotte, N.C., agreed to buy U.K. information security specialist M D SecMDSec Consulting. The deal is

Century Bank in Santa Fe, N.M., which is facing a hostile takeover, has replaced its CEO. The $1.4 billion-asset bank

Alma Bank in Long Island City, N.Y., has agreed to buy American Community Bancorp in Glen Cove, N.Y. The $1.6

B2 Bank has moved its headquarters to Utah. The bank said in a press release that it relocated from Mountain

Community State Bank in Orbisonia, Pa., has a new leader. The $400 million-asset bank said in a press release that

Pioneer Bancorp in Albany, N.Y., has acquired The College Advisor of New York, a firm that helps families navigate the

Banc of California in Los Angeles reported a staggering $251.3 million loss after repositioning its balance sheet. The $34.3 billion-asset

National Bank of Indianapolis is priming CEO succession. The $3.1 billion-asset bank said that Doug Talley will become its president

Fintech founder Darragh Buckley has officially taken over a bank. Buckley, who created Increase, a customer-facing API company, announced the creation

InvestiFi has raised $20 million to accelerate its embedded investing platform for banks and credit unions. The CUSO said in

Blue Ridge Bankshares in Charlottesville, Va., slipped back into the red after a problematic loan came to light. The $2.3

Unison Bank in Jamestown, N.D., will have a new leader in a year. The $596 million-asset bank, which largely operates

Summit State Bank in Santa Rosa, Calif., reported a net loss in the second quarter as it tried to address

Bangor Savings Bank in Maine is close to having a new leader. The bank said in a press release that

U.K. fintech Wise is headed back to the drawing board in its effort to form a U.S. national trust bank.

Flexible Finance, which operates as Flex, has applied for a Utah industrial loan charter. The New York fintech said in

A private investor group is seeking regulatory approval for a shell charter that would be activated only if it wins

Albert, a fintech that offers instant lines of credit, is seeking a bank charter. The company applied with the Federal

A group in Pittsburgh is looking to open a bank. Organizers applied with the Federal Deposit Insurance Corp. and Office

Five Star Bancorp in Rancho Cordova, Calif., plans to raise more than $113 million by selling common stock. The company

Upstart Holdings in Burlingame, Calif., has received conditional approval from the Office of the Comptroller of the Currency to form

Northrim BanCorp in Anchorage, Alaska, has agreed to buy PBCO Financial in Medford, Ore. The $3.4 billion-asset Northrim said in

Optus Financial in Columbia, S.C., has agreed to buy M&F Bancorp in Durham, N.C., in a merger of minority depository

First Community in Lexington, S.C., is splitting the leadership roles at its bank. The $2.4 billion-asset company said in a

Gesa Credit Union in Richland, Wash., has agreed to buy Willamette Valley Bank in Salem, Ore. Gesa said in a

Cordant emerged from stealth after raising $8 million in a seed round. The company, which monitors money-moving systems for financial

Amador Bancshares in Las Cruces, N.M., has agreed to buy BBS Corp. in Socorro, N.M. Amador, the holding company of

First Financial Bancorp. in Cincinnati has agreed to buy Finward Bancorp in Munster, Ind. The $22.4 billion-asset First Financial said

FinWise Bancorp in Murray, Utah, has acquired the technology platform and related assets of Tallied Technologies. FinWise did not disclose

Future Financial Bankshares has agreed to buy Palmer Bancshares in Palmer, Texas. Future Financial, an entity formed to buy a

Lumin Digital in San Ramon, Calif., raised $70 million. The digital platform said in a press release that the new

Down Range Capital Opportunity Fund is pushing the board of Cashmere Valley Bancorp in Cashmere, Wash., to sell the bank.

Tech money keeps finding its way into small banks — and the latest example closed this week in Irvine, Calif.

Flex has raised $70 million to expand its platform for high-net-worth business owners. The fintech also said in an announcement

Houston Bank & Trust in Texas raised $43.5 million in a private placement. The bank sold common stock, with Commerce

Software and technology provider CSI bought Qolo, a fintech that offers treasury solutions and payments infrastructure. The price wasn't disclosed.

F&M Bank in Timberville, Va., used a gain from selling its insurance agency to offset a hit from selling underperforming

First Community Bank of Central Alabama in Wetumpka has agreed to buy a branch from Merchants & Farmers Bank of

First Bancorp in Southern Pines, N.C., has agreed to buy First Carolina Bancshares in Florence, S.C. First Bancorp said in

First Gothenburg Bancshares in Gothenburg, Neb., has agreed to buy Foundation First in Waterloo, Neb. The $1.2 billion-asset parent of

First Hawaiian in Honolulu has agreed to buy TriCo Bancshares in Chico, Calif. The $24 billion-asset First Hawaiian said in

The leader of the Bank of Washington in Missouri has died. The bank disclosed on LinkedIn that L.B. Eckelkamp Jr.,

MountainSeed, an Atlanta company that buys bank and credit union properties, raised $38 million in capital. The company said in

Sony Bank has received conditional OCC approval to open a national trust bank. Sony saidit plans to create Connectia Trust

FirstSun Capital Bancorp in Denver warned that two commercial credits will ding its quarterly results. The company disclosed in a

Stilwell Group plans to vie for two board seats at Central Plains Bancshares in Grand Island, Neb. Central Plains disclosed

Kentland Federal Savings and Loan Association of Kentland, Ind., has failed. The nation's smallest standalone bank, with $3.7 million of

Business First Bancshares in Baton Rouge, La., bought consulting firm American Planning Corp. The $8.9 billion-asset Business First said in

Hyperion Bancshares in Philadelphia raised $14.1 million to expand in its headquarters city and Atlanta. The $553 million-asset company said

CBW Bank in Wichita, Kan., is seeking to switch to a national bank charter. The $66 million-asset bank applied to

A group in St. George, Utah, has received conditional approval from the Federal Deposit Insurance Corp. to form a bank.

Axos Financial in Las Vegas has agreed to buy Arc Technologies, a fintech that serves technology and growth companies. The

Agricultural Banking Corp. in Paxton, Ill., has agreed to buy Buckley Bancorp in Buckley, Ill. Agricultural Banking, the holding company

Klarna has applied for an industrial bank charter. The Swedish  Buy Now, Pay Later pioneer filed its applications with the

Hometown Financial Group in Easthampton, Mass., has agreed to buy Primary Bank in Bedford, N.H., in a move that will

Finward Bancorp in Munster, Ind., has been freed from another enforcement action. The company disclosed in a regulatory filing that

National Bankshares in Blacksburg, Va., sold underperforming securities. The company disclosed in a regulatory filing that it sold $131.9 million

Bank7 in Oklahoma City has agreed to buy a controlling stake in Century Financial Services in Santa Fe, N.M. The

Patriot National Bancorp in Stamford, Conn., has been freed from an enforcement action. The $1.3 billion-asset company said in a

Southern Bancorp in Arkadelphia, Ark., has chosen a new name. The company said in a press release that it will

Regions Financial in Birmingham, Ala., bought Frazier Lanier Company, an investment bank that specializes in municipal and corporate securities. The

MidMinnesota Federal Credit Union in Baxter has agreed to buy a branch in Clarissa, Minn., from Unity Bank, Augusta, Wis.

Commerce Bancshares in Kansas City, Mo., has agreed to buy boutique investment bank Nolan & Associates in St. Louis, Mo.

Eagle Bancorp in Bethesda, Md., will pay more than $9.7 million to resolve a Justice Department investigation into violations of

BankTech Ventures, an investment fund backed by banks, announced a new round of investments totaling $15 million over the past

Bank of Charlotte County in Phenix, Va., is saying goodbye to its leader. The $228 million-asset bank announced in a

New York fintech GrailPay raised $10.5 million in Series A funding. The fintech, which is building a risk intelligence platform

Candescent in Atlanta has a new leader. The platform said in a press release that Jason Edelboim had become its

Keweenaw Financial in Hancock, Mich., has agreed to buy Range Financial in Marquette, Mich. Keweenaw, the parent of the $1.1

Colony Bankcorp in Fitzgerald, Ga., has agreed to buy First Reliance Bancshares in Florence, S.C. The $3.9 billion-asset Colony said

Organizers of the proposed TriCoast Bank in Burbank, Calif., have received conditional approval from the Federal Deposit Insurance Corp. The

BCB Bancorp in Bayonne, N.J., has suspended its quarterly dividend as its new CEO looks to shore up capital. The

Ion Financial in Naugatuck, Conn., has agreed to absorb Cooperative Bank in Boston. The $2.8 billion-asset Ion said in a

North Shore Bank in Brookfield, Wis., has agreed to buy 1895 Bancorp of Wisconsin in Greenfield. The $2.5 billion-asset North

South Plains Financial in Lubbock, Texas, will end this year with new leadership. The company said in a press release

Georgia Banking Co. in Atlanta and Climate First Bancorp in St. Petersburg, Fla., raised capital. Georgia Banking said in a

MidFirst Bank in Oklahoma City has agreed to buy Dallas Capital Bank. The $42 billion-asset MidFirst did not disclose how

ODNB Financial in Tysons Corner, Va., has agreed to buy National Capital Bancorp in Washington, D.C. The $1.6 billion-asset ODNB

Peoples Bancorp in Newton, Ill., has agreed to buy Bancorp of Rantoul in Rantoul, Ill. The $729 million-asset Peoples expects

Truist Financial in Charlotte, N.C., has a new leader lined up. The company said in a press release that Mike

Ameris Bancorp is facing a potentially material legal setback after a federal jury in California awarded nearly $80 million in

United Community Banks in Greenville, S.C., agreed to sell its equipment finance business to funds managed by Wafra Inc., acting

Isabella Bank in Mt. Pleasant, Mich., has agreed to buy Grand River Commerce in Grandville, Mich. The $2.3 billion-asset Isabella

A group of organizers is seeking regulatory approval to launch Dorado Bank, a proposed Puerto Rico-chartered bank that would focus

Neobank Current raised $80 million in a new funding round. The consumer fintech platform said in a statement that the

BancFirst in Oklahoma City has agreed to buy Spirit BankCorp. in Tulsa, Okla. The $15 billion-asset BancFirst said in a

Silicon Valley Bank filed a lawsuit against Patriot Bank in Stamford, Conn., over roughly $21 million in charge card receivables

Cornerstone Community Bank has opened in Owensboro, Ky. Organizers raised the $20 million in initial capital that the Federal Deposit

Titan, a fintech that helps financial institutions with the security, explainability, and domain expertise challenges with artificial intelligence, raised $3

Truist Financial in Charlotte, N.C., added a heavy hitter to its board. The company said in a press release that

Farmer Mac lines up its next CEO. The agricultural secondary market provider said in a press release that Zachary Carpenter

Popular in San Juan, Puerto Rico, is dealing with a cybersecurity incident tied to its third-party core financial transaction processing

First Carolina Financial Services in Raleigh, N.C., aims to raise $82.5 million from its planned initial public offering. The $3.4

OceanFirst Financial in Red Bank, N.J., agreed to sell a portfolio of multifamily loans as part of a balance sheet

FirstSun Capital Bancorp in Denver sold a portfolio of multifamily loans it inherited from its purchase of First Foundation. FirstSun

A new buyer has emerged for Summit National Bank in Hulett, Wyo., after other sales efforts failed to close. Mode

A group of investors tied to Security Bank & Trust Co. in Glencoe, Minn., has acquired a 6.3% stake in

A group with ties to Amerant Bank is planning a new bank in Southern Florida. Organizers of the proposed Glades

Security Federal in Aiken, S.C., made some key C-Suite changes. The company said in a press release that J. Chris

NSTS Bancorp in Waukegan, Ill., sold its mortgage business to comply with the terms of its pending sale to Brookfield

First Federal Bank in Lake City, Fla., has agreed to sell its third-party mortgage origination division. The $4.4 billion-asset bank

Ramp raised $750 million in a Series F fundraising round. The fintech said the funding round valued it at $44

CCBank in Pleasant Grove, Utah, created a bank division designed to offer services to fintechs. The bank said in a

Organizing groups are pursuing bank charters in Florida and Puerto Rico. A group applied to the Federal Deposit Insurance Corp.

First National of Nebraska in Omaha has agreed to buy Blue Ridge Bancshares in Independence, Mo. The $35 billion-asset parent

FS Bancorp in Mountlake Terrace, Wash., has a new CEO. The company said in a press release that Matthew Mullet

Orrstown Financial in Harrisburg, Pa., has a new leader. The $5.6 billion-asset company said in a press release that Adam

Bogota Financial in Teaneck, N.J., has agreed to buy GSL Savings Bank in Guttenberg, N.J. Bogota said in a press

Tom O'Brien can't quit banking. The veteran turnaround artist has agreed to become the president and CEO of BCB Bancorp

State Bank of Cherry in Cherry, Ill., has agreed to buy First State Bank of Van Orin in Van Orin, Ill.

Coastal Carolina Bancshares in Myrtle Beach, S.C., has agreed to buy Beacon Holding Co. in Charleston, S.C. Coastal Carolina said

Orion Financial in Memphis, Tenn., is looking to disrupt the status quo among vendor management consultants with an effort led

Scotiabank in Toronto has agreed to buy Maple Financial Holdings in Tulsa, Okla. The Canadian bank did not disclose how

SoFi bought Peach Finance, a California fintech that provides loan management and servicing software to financial institutions. The price wasn't

Legend Bancorp in Bowie, Texas, has agreed to buy Graham Savings and Loan in Graham, Texas. The $1.2 billion-asset Legend

An organizing group is looking to create Venture Coast Bank in Palo Alto, Calif. The application describes a one-branch de

Members Credit Union in Stamford, Conn., is coordinating next steps following the death of its CEO. The credit union disclosed

Alliance Bancshares in Cape Girardeau, Mo., has agreed to buy ASB Management in Anna, Ill. The $399.9 million-asset Alliance expects

Regions Financial agreed to pay about $4.9 million as part of a Department of Justice settlement tied to claims the

Axiom Bank in Orlando, Fla., has been freed from a formal agreement with the Office of the Comptroller of the

Rockland FCU in Rockland, Mass., rebranded as Arise Financial. The $3.7 billion-asset Rockland said in a press release that the

State National Bank in Groom, Texas, has a new leader. The bank said in a press release that Tracy Harris

Mercury raised $200 million in a Series D fundraising round. The fintech said in a LinkedIn post that TCV led

Clear Fork Bank in Albany, Texas, has its next CEO lined up. The $1 billion-asset bank said in a LinkedIn

BCB Bancorp in Bayonne, N.J., parted ways with its CEO. The company disclosed in a regulatory filing that Michael Shriner

Hometown Community Bancorp in Morton, Ill., has agreed to buy Manhattan Bancshares in Manhattan, Ill. Hometown, the holding company for

Former Rep. Barney Frank, the Massachusetts Democrat who helped create the rules that reshaped modern banking regulation after the 2008

Community Heritage Financial in Middletown, Md., has sold underperforming securities. The company said in a press release that it sold

Bank First in Manitowoc, Wis., has agreed to buy PSB Holdings in Wausau, Wis. The $6.1 billion-asset Bank First said

Houston Bank & Trust has opened after receiving full regulatory approval. The organizers said in a LinkedIn post that they

Preferred Bank in Los Angeles delivered some early positive news for its second quarter. The bank said in a press

Alerus Financial in Minneapolis sold three nonperforming loans. The company said the loans were tied to a construction, land and

Amerant Bancorp in Coral Gables, Fla., has a permanent leader. The company said in a press release that Carlos Iafigliola

GBank Financial Holdings in Las Vegas has a new bank CEO. The company said in a press release that Jeffrey

Grant County Bank in Petersburg, W.Va., has changed its name. The bank said in a press release that it had

A proposed Korean-American bank in Los Angeles will not open. The Federal Deposit Insurance Corp., which gave founders of the

Forbright in Chevy Chase, Md., has filed for its planned initial public offering. The $7.9 billion-asset parent of Forbright Bank

Stellantis Financial Services U.S., the American financial services division of Dutch automaker Stellantis NV, has been approved by the Federal

Flagstar Bank in Hicksville, N.Y., has split the role of president. The bank said in a press release that Joseph

Eagle Bancorp Montana in Helena has a new president. The company said in a press release that Darryl Rensmon will

Gibsland Bancshares in Gibsland, La., has agreed to buy Marion State Bank in Marion, La. The $575 million-asset Gibsland said

Homestead Bank in Cozad, Neb., has agreed to buy First State Bank in Randolph, Neb. Homestead applied with the Federal

Victory Bank in Lubbock, Texas, has agreed to buy a 40% stake in McDonald Capital Management. McDonald is a fee-only

Hancock Whitney in Gulfport, Miss., has agreed to buy OFB Bancshares in Orlando, Fla. Hancock Whitney said in a press

Fintech equipifi has raised $34 million in Series B funding. The funding round was led by Left Lane Capital with continued

BMO Financial Group in Toronto has agreed to sell its transportation finance and vendor finance businesses, including loans in the

Always.bank, a new digital bank by 22nd State Banking in Mobile, Ala., has launched. The digital bank, created with assistance

Brookfield Bancshares in Brookfield, Ill., has agreed to buy NSTS Bancorp in Waukegan, Ill. The $333.4 billion-asset Brookfield said in

Commerce Bancshares in Kansas City, Mo., will use a gain from exchanging Visa shares to offset a hit from selling

Allegheny Bancshares in Franklin, W.Va., has finalized its CEO succession. The $825 million-asset company said in a press release that

Western Alliance Bancorp. in Phoenix disclosed a new issue with a $99 million commercial real estate loan. The $98.9 billion-asset

Eagle Bancorp in Bethesda, Md., looked outward for its new leader. The company said in a press release that it

CB Financial Services in Carmichaels, Pa., disclosed that its bank was the victim of a cyberattack. The company disclosed in

Androscoggin Bank in Lewiston, Maine, and Mascoma Bank in Lebanon, N.H., are planning to merge their holding companies. The merger

Augustus, previously known as Ivy, has received conditional approval from the Office of the Comptroller of the Currency to form

Payward, the parent company of crypto exchange Kraken, has applied to the Office of the Comptroller of the Currency for

Fidelity Ban Corp. in Independence, Iowa, has agreed to buy Welcome State Bank in Minnesota. The parent of the $2.4 billion-asset BankIowa

NexTier in Butler, Pa., has agreed to buy Riverside Bank of Dublin in Ohio. The $2.9 billion-asset NexTier said in

Blaze Credit Union in Minneapolis has agreed to buy a branch from Luminate Bank in Falcon Heights, Minn. The $4.8

C&F Financial in Toano, Va., used the sale of its interest in an insurance agency to sell underperforming securities. The company

Spring Labs in Marina Del Rey, Calif., raised $5 million in a funding round led by BankTech Ventures and Haymaker Ventures. The

A former president and CEO of First National Bank of Lindsay pleaded guilty to a single count of bank fraud.

Tri-County Bancorp in Brown City, Mich., has agreed to buy Mayville Financial in Mayville, Mich. The parent of the $639

Parker, a fintech that focused on SMB banking and credit cards, shut down and filed for Chapter 7 bankruptcy protection.

Partners Bank of California in Mission Viejo has a new CEO. The bank said in a press release that Michael

Dime Commercial Bancshares in Hauppauge, N.Y., has created an equipment and franchise finance group. The company said in a press

Cambridge Financial Group in Cambridge, Mass., has agreed to buy First Seacoast Bancorp in Dover, N.H. The $7 billion-asset Cambridge

OptimumBank Holdings in Ft. Lauderdale, Fla., has shaken up its management. The company disclosed in a regulatory filing that Timothy

Zions Bancorp. in Salt Lake City will report a big gain from selling Visa stock. The Salt Lake City company

JPMorgan Chase in New York brought back a former executive to run its blockchain business. Oli Harris shared on LinkedIn

Otoma, a payments-focused fintech, has new leadership as part of its official launch. The New York fintech said in a

Kirkpatrick Bank in Oklahoma City has a new leader. The bank said in a press release that Kyle Powell had

BayFirst Financial in St. Petersburg, Fla., has a new investor and new leadership. The $1.2 billion-asset company said in a

Interra Credit Union in Goshen, Ind., has agreed to buy The Hicksville Bank in Ohio. The $2 billion-asset Interra did

Community Bank and Trust - West Georgia in LaGrange became the second bank to fail this year. The $288 million-asset

Several Virginia banks sold their interests in an insurance agency. The companies disclosed in separate regulatory filings that they sold

Banner Corp. in Walla Walla, Wash., has agreed to buy Pacific Financial in Aberdeen, Wash. The $16.3 billion-asset Banner said

Bank Iowa in West Des Moines found an outsider to become its next leader. The $2.4 billion-asset bank said in

Hawthorn Bancshares in Jefferson City, Mo., has agreed to buy FSC Bancshares in Cameron, Mo. The $1.8 billion-asset Hawthorn said

First Mid Bancshares in Mattoon, Ill., will soon have a new CEO. The $9.3 billion-asset company said in a press

Coastal Financial in Everett, Wash., quietly added de novo Erebor Bank to its roster of correspondent partners. Erebor, which opened

Coastal Financial in Everett, Wash., is exploring a potential expansion of its Banking-as-a-Service business through a deal with Evolve Bank

Digital finance platform OppFi has agreed to buy BNCCORP in Glendale, Ariz. The Chicago fintech said in a press release

Seacoast Banking Corp. of Florida in Stuart reported flat earnings after selling underperforming securities. The $20.8 billion-asset company said in

Insurer Western & Southern Financial Group bought Till Financial, a fintech platform that helps parents guide their children's spending habits.

Bastrop Bancshares in Bastrop, Texas, agreed to buy Columbus Bancorp in Columbus, Texas. Bastrop, the parent of the $1.1 billion-asset

Onsetto, a Minneapolis fintech that helps financial institutions with business banking relationships, raised $9 million in a funding round led

Pioneer Bancorp in Albany, N.Y., made another niche acquisition. The $2 billion-asset company said in a press release that it

Organizers of the proposed New South Bank in Tampa, Fla., aim to raise at least $23 million before opening the

A de novo bank supported by Old National Bancorp has opened in Indianapolis. Generations Community Bank officially debuted on March

Fintech Mercury has received conditional approval from the Office of the Comptroller of the Currency to create Mercury Bank. Mercury,

The Dakota Credit Union Association has its next leader. The association said in a press release that Joe Keller will

Republic Bancorp in Louisville, Ky., reported lower quarterly profit after losing a big tax provider contract. The $7.3 billion-asset company

First Citizens BancShares in Raleigh, N.C., will rebrand several businesses it gained from recent acquisitions. The $225 billion-asset company said

Axos Financial in Las Vegas has agreed to buy a book of individual retirement accounts from Capital One Financial in

Pioneer Bancorp in Albany, N.Y., bought two employee benefits businesses. The $2 billion-asset company said in a press release that

KeyCorp in Cleveland has agreed to buy Clearwater Corporate Finance, a U.K.-based middle market investment banking advisory firm. Key said

A group is looking to form a bank to serve foreign governments and related entities operating in the United States.

Paige, a fintech that assists banks with legacy and estate planning services, has secured an investment from 22nd State Bank

American Momentum Bank in College Station, Texas, has a new CEO. Bo Scott also become the $2.8 billion-asset bank's president.

The former chief innovation officer at Colony Bank in Georgia has launched a fund to invest in fintechs. Christian Ruppe

Sauk Valley Bank & Trust in Sterling, Ill., has its next leader lined up. The $736.2 million-asset bank said in

Sunwest Bank in Andy, Utah, has agreed to buy Denver branches from Nicolet Bankshares. The $4 billion-asset Sunwest didn't disclose

A group is looking to form a commercial bank in Miami. Organizers of the proposed Florida Bank of Finance applied

Vista National Bank & Trust in Harveyville, Kan., has a new name. The $63 million-asset bank said in a press

LendingClub in San Francisco plans to rename its bank. The fintech said in a press release that it will rebrand

Peoples Bancorp in Marietta, Ohio, has agreed to buy Citizens National in Paintsville, Ky. The $9.6 billion-asset Peoples said in

United Community Banks in Greenville, S.C., agreed to buy Peach State Bancshares in Gainesville, Ga. The $28.2 billion-asset United said

Mission Lane has applied to the Office of the Comptroller of the Currency to open a credit card bank. The

A group is looking to form a national bank to offer traditional banking with blockchain infrastructure. The proposed OpenReserve Bank

Federal Savings Bank in Chicago is dealing with a consent order from the Office of the Comptroller of the Currency

Community Bank and Trust - West Georgia in LaGrange has entered into a cease-and-desist order with the Federal Reserve. The

Southern First Bancshares in Greenville, S.C., plans to raise up to $65.2 million through a public offering of common stock.

OpenAI acquired personal finance fintech Hiro. Hiro announced the sale on its website. The price wasn't disclosed. The Hiro application

Organizers of the proposed Private Bank & Trust in Gainesville, Ga., have received conditional approval from the Federal Deposit Insurance

Synctera, a banking and payments platform, has acquired Cable, a compliance automation and control-testing company for banks and fintechs. Natasha Vernier,

The Federal Deposit Insurance Corp. hired an innovative banker as its chief innovation officer. The agency said in a press

Points West Community Bank in Windsor, Colo., has agreed to buy State Bank of Downs in Downs, Kan. The $833.8

Nir Zuk, founder of Palo Alto Networks, has applied with the Federal Reserve to buy a majority stake in Liberty

Coastal Bend Bancshares in Corpus Christi, Texas, has agreed to buy First National Bank in Port Lavaca, Texas. The parent

BayCom in Walnut Creek, Calif., has shaken up its C-Suite. The company said in a press release that Christopher Baron

The proposed Alba Bank in Houston would aim to be a minority depository institution. Organizers also plan to raise $30

Catalyst Bancorp in Opelousas, La., has agreed to buy Lakeside Bancshares in Lake Charles, La. The $282.9 million-asset Catalyst said

FinWise Bancorp in Murray, Utah, has a new leader. The company said in a press release that Jim Noone had

Adams Community Bank in Adams, Mass., and Pittsfield Cooperative Bank in Pittsfield, Mass., are planning to merge. The mutuals said in a

Five Rivers Bank in Paramus, N.J., has a new CEO. The bank said in a press release that Thomas Coughlin

Lorum has joined a fast-growing list of companies applying for a national trust charter. The multicurrency clearing and cash management

Mt. McKinley Bank in Fairbanks, Alaska, has a new leader. The $640.7 million-asset bank said in a LinkedIn post that

A large group of banking associations is petitioning the Federal Deposit Insurance Corp. to reconsider its decision to approve deposit

Coinbase received conditional approval for a national trust charter from the Office of the Comptroller of the Currency. The approval

Community Bank Owatonna in Minnesota has a new CEO. The $98.4 million-asset bank said that Derek Skala had also become

Bruce Jensen is again looking to lead a de novo bank in Utah. Jensen is the proposed CEO of Bank

Quaint Oak Bancorp in Southampton, Pa., has been freed from May 2025 enforcement actions. The company disclosed in a regulatory

Longhorn Medical Holdings in Tyler, Texas, has applied to become a bank holding company so it can buy Robert Lee

Iowa Trust & Savings Bank in Emmetsburg has a new leader lined up. The $523 million-asset bank said that Scott

A group in Houston is planning to open a new bank. Organizers on March 31 applied to the Federal Deposit

The group looking to form Tidestone Bank in Coral Gables, Fla., already have banking chops. Organizers include members of the

Pinnacle Financial in Elberton, Ga., rebranded after it acquired Morris State Bancshares in Dublin, Ga. The $4 billion-asset Pinnacle became

Dave Mayo, who founded FedFis and Bankers Helping Bankers, has died. FedFis announced Mayo's passing via a LinkedIn post. "Dave

Hope Bancorp in Los Angeles has agreed to buy the commercial banking unit of SMBC MANUBANK. The $18.5 billion-asset Hope

Edgar County Banc Shares in Paris, Ill., has agreed to buy Preferred Bancorp in Casey, Ill. Edgar County, the parent

CRB Group in Fort Lee, N.J., has raised $50 million to fuel growth initiatives at Cross River Bank. The company

Intercredit Bank in Miami plans to close its branches and shift to a digital-only strategy using its Pibank brand. Pibank,

Eagle Bancorp in Bethesda, Md., tossed out three board nominees proposed by activist investor Diligence Capital Management. The company disclosed

North Salem State Bancorp in North Salem, Ind., is proposing to buy a minority stake in Tri-County Bancorp in Roachdale,

Fidelity BancShares in Fuquay-Varina, N.C., has agreed to buy Affinity Bancshares in Covington, Ga. The $4.6 billion-asset Fidelity said in

Carter Bankshares in Martinsville, Va., has severed ties with its biggest and most problematic business relationships. The $4.9 billion-asset company

Heritage Bank in Willmar, Minn., has a new leader. The bank said that Robert Mathiasen will become its CEO on

Riverview Bancorp in Vancouver, Wash., sells a large batch of securities. The $1.5 billion-asset company said in a press release

Plaid bought media platform This Week in Fintech. Plaid announced the acquisition in a LinkedIn post. The price wasn't disclosed.

Organizers of the proposed VALT Bank have received conditional approval from the Office of the Comptroller of the Currency. The

Velera, a large payments-oriented credit union service organization, has a new leader lined up. The Tampa, Fla., CUSO said in

Spade, a fintech that leverages data and AI to improve how financial institutions use transaction data, raised $40 million in

Organizers have submitted applications to open banks in Florida and Utah. A group in Coral Gables, Fla., applied to create

Profile Bank in Rochester, N.H., has a new leader. Kevin Miller posted on LinkedIn that he was named president and

Fifth Third Bancorp in Cincinnati will invest $3 million in Clearinghouse CDFI in Lake Forest, Calif. Clearinghouse CDFI said in

VersaBank in Canada has agreed to sell its branch in Holdingford, Minn., to Stearns Bank. The Office of the Comptroller

Eagle Bancorp in Bethesda, Md., is facing a board challenge from an activist investor. Diligence Capital Management said it plans

Zions Bancorp. in Salt Lake City agreed to buy the Fannie Mae and Freddie Mac lending business of Basis Multifamily

Heritage Financial in Olympia, Wash., disclosed that it detected a cybersecurity incident in early March involving an internal file share