Crossbridge Community Bank in Tomahawk, Wis., has a new president. The $204 million-asset bank said in a press release that PJ Childers had succeeded Kathy Rankin, who retired. She also became president of Crossbridge Mutual Holding Co. and Crossbridge Financial. Childers, who had been the bank’s senior vice president of commercial lending, is now responsible for overseeing operations and strategic planning. Childers “has always had a clear and distinct vision

Popular in San Juan, Puerto Rico, has a new president. The $71 billion-asset company said in a press release that Javier Ferrer will remain chief operating officer. He succeeded Ignacio Alvarez, who will remain CEO. Ferrer "has excelled in each position he has held, embracing growing responsibilities, contributing to the definition and implementation of [Popular's] strategic initiatives and demonstrating exemplary leadership,” Alvarez said in the release.

Peoples National Bancshares in New Lexington, Ohio, has agreed to buy Pataskala Banking in Ohio. The $220 million-asset Peoples National said in a press release that it expects to buy the $39.9 million-asset Pataskala in the fourth quarter. The price wasn’t disclosed. Pataskala has two branches, $23.1 million in loans and $37.5 million of deposits. “Pataskala, its board … and its staff have a great reputation in their local markets,

Equity Bancshares in Wichita, Kan., has a new bank CEO.   The $5.2 billion-asset company said in a press release that Rick Sems had taken on the role at Equity Bank. Sems, who is the bank’s president, succeeded Brad Elliott, who remains the company’s chairman and CEO.   Julie Huber was named chief operating officer. She has worked in several leadership roles, including overseeing credit administration, strategic initiatives and risk

United Bankshares in Charleston, W.Va., has agreed to buy Piedmont Bancorp in Peachtree Corners, Ga. The $30 billion-asset United said in a press release that it will pay $267 million in stock for the $2.1 billion-asset Piedmont. The deal, which is expected to close in the fourth quarter, priced Piedmont at 145% of its tangible book value. Piedmont has 16 branches, $1.8 billion of deposits and $1.7 billion of loans.

LINKBANCORP in Harrisburg, Pa., is selling its New Jersey operations to American Heritage Credit Union. The $2.8 billion-asset company said in a presentation that the sale includes three branches, $105 million of deposits and $125 million of loans. The company gained the locations when it bought Partners Bancorp last year. The $4.9 billion-asset American Heritage will pay a 7% deposit premium, or roughly $7.4 million. The sale is expected to

The Independent Community Bankers of America has selected six fintechs to participate in its latest ICBA ThinkTECH Accelerator program. The ICBA said in a press release that the new cohort will begin on May 19 and will focus on fintechs tied to artificial intelligence, financial health and wellness, subscription management, digital onboarding, and compliance. The participants are: Prelim Technologies is a no-code platform for client onboarding processes. Rego Payment Architectures

Quaint Oak Bancorp in Southampton, Pa., cut ties with two businesses in the first quarter. The $776 million-asset Quaint Oak said in a press release that it sold its 51% interest in Oakmont Capital Holdings, an equipment finance company. Quaint Oak bought the stake in January 2022 for an undisclosed price. Oakmont, which does business in all 50 states, has offices in West Chester, Pa., and Albany, Minn.  JA Mitsui