Rosedale Federal Savings & Loan Association in Nottingham, Md., is shortening its name. The $1.3 billion-asset bank said in a press release that it will become Rosedale Bank. “We haven’t changed it, but we’ve evolved the business model,” Kevin Benson, Rosedale’s president and CEO, said in the release. “I think this is just more reflective of the types of things that we’re doing.”

Financial Federal Bank in Memphis, Tenn., has a new CEO. The $1 billion-asset parent of Financial Federal Bank said in a press release that William Tayloe is its new leader. Tayloe, who was president, succeeded Kent Wunderlich, who remains on the board.

The leader of Texas Partners Bank in San Antonio has died. The $2.4 billion-asset bank did not immediately name a successor for J. Bruce Bugg Jr., who was its chairman and CEO. "Bruce’s vision of building a premier Central Texas banking franchise will continue with the same strength, clarity and purpose that define his leadership," Brent Given, the bank's president, said in a statement. "His memory will continue to inspire

Finward Bancorp in Munster, Ind., has been freed from a November 2023 consent order. The order, issued by the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions, was tied to Finward's compliance with the Bank Secrecy Act and related regulations. “We want to convey our sincere appreciation and thanks to our board of directors, management team, and staff who worked tirelessly to achieve the requirements of the

Berkshire Hills Bancorp in Boston will rebrand after it buys Brookline Bancorp in Boston. The $11.6 billion-asset Berkshire said in a press release that it will become Beacon Financial after buying the $11.7 billion-asset Brookline. The $1.1 billion deal is expected to close in the third quarter. While the legal name of the combined bank will be Beacon Bank & Trust, it will be referred to as Beacon Bank. The

Pioneer Bancorp in Albany, N.Y., has created a human resources consulting business. The $2 billion-asset company said in a press release that the new division will be led by Miriam Dushane, who was hired as vice president of HR consulting. The division will provide HR expertise and services to small and midsize companies. "Pioneer is deepening its commitment to supporting small and medium-sized companies that are the backbone of our

Grasshopper Bank in New York raised $46.6 million in capital while adding four new directors. The $1.4 billion-asset bank said in a press release that the funding round was led by Patriot Financial Partners with participation from Glendon Capital Management. This investment will support Grasshopper's acquisition of Auto Club Trust, which closed in April, and the continued expansion of the bank's digital platform. "From the beginning, our vision has been

The group planning a bank in Clearwater, Fla., plans to have three branches and a loan production office in the first three years of operation. Organizers of the planned Echelon Bank plan to raise $23 million of initial capital, which will be partially offset by about $1.4 million of organizational expenses. Echelon "will be a full-service, relationship driven, community bank, offering both commercial and retail banking services to its customers,