Fieldpoint Private Bank & Trust agreed to a written agreement with regulators that requires the Greenwich, Conn., bank to improve in areas such as funding, liquidity, budgeting and strategic planning. The $1.4 billion-asset bank, under the agreement with the Federal Reserve Bank of New York and the Connecticut Department of Banking, agreed to add and maintain "sufficient" capital. It must also obtain regulatory approval before buying back stock and declaring

Capitol National Bank in Lansing, Mich., has a new president. The $192.5 million-asset bank said in a press release that Joseph Campbell now has the role. Campbell, who joined the bank in 2020 as vice president of commercial lending, succeeded the retiring Ed Harden. Campbell “is a natural to fill this role,” Cristin Reid, the bank’s chairman and CEO, said in the release. “He understands relationship banking and is a

TD Bank was ordered by the Consumer Financial Protection Bureau to pay $28 million for sharing inaccurate customer data with credit reporting agencies. The CFPB also cited the Canadian bank for failing to investigate customer disputes, a move that could have impacted their ability to access credit. The amount includes about $7.8 million in redress to “tens of thousands of consumers affected by its unlawful behavior” and a $20 million

Warsaw Federal Savings & Loan in Cincinnati raised $5 million as part of a plan to become a minority depository institution. The $105 million-asset mutual said in a press release that it sold 8% non-cumulative additional Tier 1 capital instruments to investors. Warsaw Federal plans to use the net proceeds to provide “focused financial services, tools and education to promote economic opportunity and financial equity.” "The new capital will provide support

MountainSeed Real Estate Services entered into a sale-leaseback transaction with 1st Federal Savings Bank of SC in Walterboro. The $164 million-asset 1st Federal sold properties that included its headquarters to MountainSeed for an undisclosed amount. The bank will lease the properties for an initial 15-year term with an option for another 15 years. “We are excited and thankful for the opportunity to partner with 1st Federal Savings Bank of SC,”

National Bank Holdings in Denver has a new president. The $9.97 billion-asset company said in a press release that Aldis Birkans had succeeded Tim Laney, who remains chairman and CEO. Birkans, who will have oversight of the company’s business lines, was chief financial officer. Nicole Van Denabeele, who had been chief accounting officer, was named CFO. Emily Gooden was named chief accounting officer and will remain investor relations director. “I’m

Camden National in Camden, Maine, has agreed to buy Northway Financial in North Conway, N.H. The $5.7 billion-asset Camden National said in a press release that it will pay $86.6 million in stock for the parent of the $1.3 billion-asset Northway Bank. The deal, which is expected to close in the first quarter, priced Northway at 139% of its tangible book value. “This union will increase our size and scale,

Huntington Bancshares in Columbus, Ohio, is planning a major push into the Carolinas and into corporate mortgage finance. The $196 billion-asset company said in a press release that it plans to hire 350 people and open 55 branches in North and South Carolina over the next five years. Separately, the company said recent hire Ken Logan will oversee a push into corporate mortgage finance. He recently worked at Signature Bank. Huntington