First Holding Company of Park River in North Dakota has agreed to buy First State Bank of Cando in North Dakota. First Holding, the parent of First United Bank, said in a press release that it expects to buy First State in the first quarter. The price wasn't disclosed. “Our goal is to continue delivering the products and services their customers value, while bringing together our combined strengths to create

Citizens Alliance Bank in Clara City, Minn., has agreed to buy two Minnesota branches from First Security Bank – Sleepy Eye in Minnesota. The $1.5 billion-asset unit of Forstrum Bancorp., said in a press release that it plans to buy locations in Benson and Renville from the $193 million-asset First Security. The branches had $71.8 million of combined deposits in mid-2025, according to Federal Deposit Insurance Corp. data. The deal

Ally Financial in Charlotte, N.C., has recruited Rodney Hood to serve as a senior policy advisor. Hood is a former Acting Comptroller of the Currency and once chaired the National Credit Union Administration. "We are absolutely thrilled to welcome Rodney to Ally as one of my key policy advisors," Michael Rhodes, Ally's CEO, said in a press release. "His profound understanding of the financial services landscape, coupled with his extensive

Oak Valley Bancorp in Oakdale, Calif., will have a new leader later this year. The $2 billion-asset company said in a press release that Christopher Courtney plans to retire on June 30. He has served as CEO since 2013. He will remain on the board. Richard McCarty, the company's president and chief operating officer, will succeed Courtney. He is also on the board.

Sunflower Bank, a unit of FirstSun Capital Bancorp in Denver, has formed an insurance agency. The $8.5 billion-asset bank created Sunflower Insurance Solutions, which will also offer wealth and risk advisory services to business owners and high-net-worth families. “The launch of Sunflower Insurance Solutions marks an exciting step in expanding our ability to deliver comprehensive financial strategies,” John Sawyer, the bank's director of private banking and wealth management, said in

Apex Bank in Camden, Tenn., has a new leader. The $1.4 billion-asset bank said in a press release that Dave Miller had become its president and CEO. Miller, who was chief operating officer of regional banking at First Horizon Bank, succeeded Matt Daniels, who became chief investment officer. Daniels remains chairman.

Affirm Holdings has applied with the Nevada Financial Institutions Division and the Federal Deposit Insurance Corp. to form Affirm Bank. An industrial bank charter would enable the Buy Now, Pay Later (BNPL) company to continue to scale. If approved, the bank would operate as a wholly owned, Nevada-chartered, FDIC-insured subsidiary. “A banking subsidiary would strengthen and diversify Affirm’s platform, and help us bring honest financial products to more people,” Max Levchin,

Lisa Collison has been nominated to become Delaware’s next State Bank Commissioner. Collison has served in a wide range of regulatory and supervisory roles during three decades at the Delaware Office of the State Bank Commissioner, including bank examiner, chief bank examiner, review examiner and senior deputy bank commissioner. “Delaware’s financial strength depends on strong, fair, and forward-looking oversight,” Gov. Matt Meyer said in a press release. “Lisa Collison brings experience, integrity,