Hometown Financial Group in Easthampton, Mass., has agreed to buy North Shore Bancorp in Peabody, Mass. The $4.7 billion-asset Hometown said in a press release that it expects to buy the $1.7 billion-asset North Shore in the second half of the year. The financial terms weren’t disclosed. Hometown said that no branch closures or staff reductions are expected. Kevin Tierney Sr., North Shore’s CEO, will become Hometown’s president and lead

Quaint Oak Bancorp in Southampton, Pa., is selling stock to another Puerto Rican investor. The $754 million-asset company disclosed in a regulatory filing that it sold about 85,000 shares of common stock to Fintech Holdings, or roughly 3.4% of its outstanding shares, for $1 million. Fintech Holdings has an option to buy another 39,000 shares between now and mid-June, which would boost its stake to about 4.9%. Quaint Oak in

Mission Lane, a Richmond, Va., consumer fintech company, has replaced its CEO after raising more capital. The company said in a press release that Brandon Black, who joined its board in 2019, is its new leader. He succeeded Shane Holdaway, who will serve as a special adviser. Black once was CEO of Encore Capital Group. Before that, he was at Capital One when it was spun off from Signet Bank.

ValueBank Texas in Corpus Christi has promoted an insider as its next president. Seth Watts announced on his LinkedIn profile that he had taken on the added role. He remains the $292 million-asset bank’s chief financial officer. Watts, who is also a director, succeeded R. Scott Heitkamp, who remains ValueBank’s CEO. Prior to joining ValueBank in 2013, Watts was CFO and chief operating officer at Valliance Bank.

Parlay, which developed a B2B SaaS platform for alternative credit scoring, has raised $1.3 million of pre-seed financing. The fintech announced that Fenway Summer led the financing round. Other participants included Hivers & Strivers Capital, Capacity Capital, Service Provider Capital, Alumni Ventures and Techstars Boulder Accelerator. Angel investors were also involved. Parley also creates new loan approval channels for small business borrowers.

Guild Mortgage in San Diego has agreed to buy Academy Mortgage in Salt Lake City. The price wasn’t disclosed. Academy has about 200 branches and more than 1,000 employees, including 600 licensed mortgage originators. Academy’s loan volume represents a roughly 25% increase in annual origination volume for Guild. The lenders “share a commitment to the purchase mortgage market and believe in local sales and fulfillment that builds on our customers

Capital Funding Bancorp in Baltimore didn’t have to look far to find its new bank CEO. The holding company for the $5 billion-asset CFG Bank said in a press release that Jack Dwyer had become the bank’s CEO. Dwyer is the company’s chairman and CEO. Dwyer succeeded Bill Wiedel. Separately, Erik Howard was named president and chief operating officer at the company and the bank. Chris Chick, the bank’s COO,

Cambridge Savings Bank in Cambridge, Mass., has a new CEO. The $6 billion-asset mutual bank said in a press release that Ryan Bailey will also become its president on Feb. 28. He will succeed Wayne Patenaude, who is retiring. Bailey previously served as head of retail banking at USAA. “After over a decade of such strong direction from Wayne, we made it a priority to select an exceptional leader who