Park National in Newark, Ohio, will have a new CEO in 2026. The $9.9 billion-asset company said in a press release that Matthew Miller will take over its top spot on Jan. 1. Miller, who will remain president, will succeed David Trautman, who will continue to serve as chairman. "I have worked closely with Matt for the past 10 years,” Trautman said in the release. “I have witnessed his commitment

A group in Florida is looking to form a bank in Clearwater. Organizers of the proposed Echelon Bank submitted an application to the Federal Deposit Insurance Corp. on July 23. The application wasn't immediately available. Robert Shaw recently shared on his LinkedIn profile that he would be the proposed bank's CEO. He stepped down as an executive at Flagship Bank in November.

Seneca Bancorp in Baldwinsville, N.Y., is looking to raise up to $12.3 million as it looks to convert from a mutual holding company to a stock holding company. The $280.2 million-asset company disclosed in a regulatory filing that it plans to sell 892,500 to 1.2 million shares of common stock at $10 each. It could sell more shares if there is enough demand. The shares being sold represent the ownership

Business First Bancshares in Baton Rouge, La., sold a branch. The $7.9 billion-asset company said in a press release that it sold a location in Kaplan, La., to an unnamed bank for a net capital injection of $3.4 million. The sale, which closed in early April, included $50.7 million of deposits that landed an 8% purchase premium. Business First said the sale should lower annual operating costs by $750,000.

Trustmark in Jackson, Miss., plans to convert to having a state-chartered bank. The company disclosed in a regulatory filing that Trustmark National Bank would switch from a national banking association. Trustmark said it already received approval to become a member of the Federal Reserve System. The application is pending with the Mississippi Department of Banking and Consumer Finance.

Comerica in Dallas is facing pressure from an investor to find a buyer. HoldCo Asset Management in Florida, which owns about 1.8% of the $tk billion-asset company's stock, released a presentation urging a sale to maximize shareholder value. "The firm has also been vocal with bank positions in the past," Scott Siefers, an analyst at Piper Sandler, wrote in a note to clients. "Too early to know any consequences of

America First Credit Union in Riverdale, Utah, has agreed to buy Meadows Bank in Las Vegas. The $22.5 billion-asset credit union said in a press release that it plans to rebrand the $1.4 billion-asset Meadows as Meadows Financial to operate as a division. The price wasn't disclosed. Meadows has six branches in Nevada and Arizona.

U.S. Eagle Federal Credit Union in Albuquerque, N.M., is no longer set to buy Southwest Capital Bank in Albuquerque. The $1.5 billion-credit union agreed last August to buy the $434 million-asset Southwest Capital in a deal that was expected to close in the second quarter. Chez Steel, Southwest Capital's CEO, indicated that the recent losses at the credit union were partially responsible for the deal collapsing. While Southwest Capital "is very