Green Dot in Austin, Texas, has set aside $20 million to cover a proposed consent order from the Federal Reserve tied to its compliance with anti-money-laundering regulations. The $4.8 billion-asset bank and fintech company said in a press release that the proposed order also covers consumer compliance matters that took place before George Gresham became CEO in 2020. Green Dot, which is still in discussions with the Fed over the

FirstBank in Lakewood, Colo., has a new CEO lined up. The $28.2 billion-asset bank said in a press release that Jim Reuter will retire on March 29. Reuter, who will remain on the board, will be succeeded by Kevin Classen, the bank’s president. The bank said that Kelly Kaminskas, its chief digital officer, will become chief operating officer. “Since I became CEO in 2017, I’ve always said this was a

New Peoples Bankshares in Honaker, Va., will soon have a new leader. The $826.3 million-asset company said in a press release that C. Todd Asbury will step down as president and CEO on March 31. James Kiser, bank president and CEO, will succeed Asbury, who will become a senior advisor through May 31, 2025. Asbury will remain on New Peoples’ board until its 2025 annual meeting.

Esquire Financial Holdings in Jericho, N.Y., is headed to Southern California. The $1.6 billion-asset company said in a press release that it plans to open a branch in Los Angeles. The release did not give a timeline for opening the location. The branch “underscores our commitment to meeting the needs of law firms nationally and our confidence in the vitality of the litigation market,” Tony Coelho, Esquire’s chairman, said in

Wells Fargo in San Francisco has recruited a former JPMorgan Chase executive to serve as its vice chairman. The $1.9 trillion-asset company said in a press release that Doug Braunstein will assist in growing its corporate finance and advisory businesses. Braunstein spent two decades at JPMorgan Chase, where he held several executive management roles, including CFO and vice chairman. He also served as head of JPMorgan Chase’s Americas investment banking business. “Doug

Southern States Bancshares in Anniston, Ala., has agreed to buy CBB Bancorp in Cartersville, Ga. The $2.5 billion-asset Southern States said in a press release that it will pay $27 million in cash and stock for the parent of the $310 million-asset Century Bank of Georgia. The deal, which is expected to close in the third quarter, priced CBB at 126% of its tangible book value. Southern States said about

Citizens National Bank in Bluffton, Ohio, has a new CEO. The $987 million-asset bank said in a press release that Eric Faulkner had succeeded Mike Romey. Faulkner, who joined the bank in 2009, has been acting president since 2019.

Stockton Bancshares in Stockton, Kan., has agreed to buy Coffeyville Bancorp in Coffeyville, Kan. Stockton, the parent of the $310 million-asset Solutions North Bank, said in a press release that it expects to buy the holding company for the $180 million-asset Community State Bank in the second quarter. The price wasn’t disclosed. Community State has one branch, $86 million of loans and $157 million of deposits. “As part of our