Reading Co-operative Bank in Reading, Mass., and Wakefield Co-operative Bank in Wakefield, Mass., are planning to merge. The surviving bank

Finastra has a new leader. The U.K. company, which provides financial services software applications, said in a press release that

UKG, a company that focuses on human resources, payroll and workforce management, has hired a veteran banker to lead its

Cogent Bancorp in Orlando, Fla., has raised nearly $6.6 million. The parent of the $1.9 billion-asset Cogent Bank completed a

KeyCorp in Cleveland granted five executives, including CEO Chris Gorman, a total of $16.7 million in performance-based equity awards that

The Peoples Savings Bank in Urbana, Ohio, has a new CEO. The $159.8 million-asset bank said in a press release

Bogota Financial in Teaneck, N.J., used proceeds from a sale-leaseback transaction to offset the costs of selling underwater securities. The

Great Southern Bank in Meridian, Miss., has a new CEO. The $338 million-asset bank also named Steven Cooksey to serve

Amerant Bancorp in Coral Gables, Fla., sold a portfolio of mortgages at a $12.6 million loss. The company disclosed in

MVB Financial in Fairmont, W.Va., entered into a sale-leaseback transaction tied to four properties. The company disclosed in a regulatory

Honesdale National Bank in Honesdale, Pa., has a new leader. The $1 billion-asset bank posted on its website that Kate

Gesa Credit Union in Richland, Wash., has created a digital bank for military veterans. The credit union said in a

Employer.com, a human resources firm, bought Bench Accounting days after the fintech's shutdown. Employer.com said in a press release that

Patriot National Bancorp in Stamford, Conn., has hired Steven Sugarman as its president. The company, which had recently announced a

Hawaiian Electric Industries sold a 90.1% stake in American Savings Bank in Honolulu to a group of investors. The stake

Taylor Bank in Berlin, Md., has a new CEO. The $1 billion-asset bank said in a post on its website

Community Bancorp in Derby, Vt., has a new CEO. The company said in a press release that Christopher Caldwell will

Atlanta Postal Credit Union and Affinity Bank in Covington, Ga., have called off their planned merger. The credit union agreed

Zeal Credit Union in Livonia, Mich., has agreed to buy Gegebic Range Bank in Ironwood, Mich. The $839 million-asset Zeal

First Carolina Financial Services in Rocky Mount, N.C., has raised $45.4 million. The $3.2 billion-asset company sold common stock through

Skowhegan Savings Bank in Skowhegan, Maine, will soon have a new leader. Dan Tilton was named the $850 million-asset bank's

First Keystone in Berwick, Pa., will enter 2025 with new leadership. The $1.4 billion-asset company disclosed in a regulatory filing

HomeStreet in Seattle will sell nearly $1 billion of multifamily loans to Bank of America. The $9.4 billion-asset company, which

Arrow Financial in Glen Falls, N.Y., again restructured its securities portfolio. The $4.4 billion-asset company disclosed in a regulatory filing

First International Bank & Trust in Watford City, N.D., will have a new CEO with a familiar last name. The

The Consumer Financial Protection Bureau has filed a lawsuit against Bank of America, JPMorgan Chase and Wells Fargo, along with

Fortuna Bank has opened in Grandview Heights, Ohio. The de novo bank officially opened on Dec. 9, according to the

Norwood Financial in Honesdale, Pa., raised $29.9 million from selling common stock. The $2.3 billion-asset company said in a press

Coastal Federal Credit Union in Raleigh, N.C., and Truliant Federal Credit Union in Winston-Salem, N.C., have formed a credit union

GTSB Financial in Traverse City, Mich., which recently bought a bank, raised $19.7 million by selling common stock. GTSB, which

Lineage Financial Network in Franklin, Tenn., is dealing with an enforcement action from the Federal Reserve. The Fed issued a

TCM Bank, the credit card bank of the Independent Community Bankers of America, has a new president. The bank said

Huntington Bancshares in Columbus, Ohio, restructured its securities portfolio. The company disclosed in a regulatory filing that it sold about

Hanscom Federal Credit Union in Littleton, Mass., has agreed to buy Peoples Bank in Chestertown, Md. The $1.9 billion-asset Hanscom

Washington Trust Bancorp in Westerly, R.I., which recently raised capital, repositioned its balance sheet in a move that will lead

RBB Bancorp in Los Angeles has set the stage for a new CEO. The $4 billion-asset company said in a

The Office of the Comptroller of the Currency issued a new cease-and-desist order to USAA Federal Savings Bank that limits

National Bank Holdings in Denver repositioned its securities portfolio. The $10 billion-asset company said in a press release that it

First Commonwealth Financial in Indiana, Pa., has agreed to buy CenterGroup Financial in Cincinnati. The $12 billion-asset First Commonwealth said

The Savings Bank in Wakefield, Mass., will have a new leader in 2025. The $821 million-asset bank said in a

First Guaranty Bancshares in Hammond, La., slashed its quarterly cash dividend to a penny. The $3.9 billion-asset company's previous dividend

Lenders Cooperative in Mechanicsburg, Pa., and Ventures Lending Technologies in San Diego are planning to merge. Lenders Cooperative provides integrated

Vista Bank in Dallas has agreed to sell seven branches in rural markets to First United Bank in Dimmitt, Texas.

Dream Chasers Capital continues to pressure Carver Bancorp after the New York company narrowly prevailed in a proxy battle with

Northwest Bancshares in Columbus, Ohio, has agreed to buy Penns Woods Bancorp in Williamsport, Pa. The $14.4 billion-asset Northwest said

The Independent Community Bankers of America has selected six fintechs for its latest ICBA ThinkTECH Accelerator Program. Participating fintechs will

Marathon Bancorp in Wausau, Wis., plans to convert from a mutual to a stock holding company. The $217 million-asset company

Flagstar Financial in Hicksville, N.Y., is ending 2024 with its third chief financial officer of this year. The $114.4 billion-asset

Berkshire Hills Bancorp in Boston has agreed to buy Brookline Bancorp in Boston. The $11.6 billion-asset Berkshire said in a

Carver Bancorp in New York narrowly prevailed in a proxy battle with an activist investor. The company disclosed in a

Heritage Bancshares in Topeka, Kan., has agreed to buy Fidelity Kansas Bancshares in Topeka. The parent of the $135 million-asset

Mantl, a fintech that offers account origination solutions, will add consumer and business loan origination technology to its platform. Mantl

Washington Trust Bancorp in Westerly, R.I., and Flusing Financial in Uniondale, N.Y., are selling common stock. The $7.1 billion-asset company

Global Federal Credit Union in Anchorage, Alaska, has pushed back the timeline for buying First Financial Bank Northwest in Renton,

Dime Community Bancshares in Hauppauge, N.Y., which recently raised capital, repositioned its securities portfolio and began winding down its pension

Farmers and Merchants Bank in Boswell, Ind., will soon have a new president. The $200 million-asset bank said in a

The Consumer Financial Protection Bureau is exempting smaller banks from a final rule capping overdraft fees. The CFPB's final rule

Solutions Plus Bank, a de novo proposed for Albertville, Ala., has secured conditional approval from the Federal Deposit Insurance Corp.

Coastal Financial in Everett, Wash., and Financial Institutions in Warsaw, N.Y., are raising capital by selling common stock. The $4.1

Valley National Bancorp in New York announces that its president plans to retire next year. The $62 billion-asset company said

First State Bank Southwest in Worthington, Minn., announced its CEO's retirement. Greg Raymo, who will remain a bank director, had

Sallie Krawcheck is stepping down as CEO of Ellevest to address a health problem. Krawcheck, a banking veteran who had

Old National Bancorp in Evansville, Ind., is playing a leading role in an effort to form a de novo bank

Patriot National Bancorp in Stamford, Conn., is exploring strategic initiatives, including its possible sale. The $974.1 million-asset company disclosed in

First Hawaiian in Honolulu restructured its securities portfolio. The company said in a press release that it sold $293 million

Carter Bankshares in Martinsville, Va., has agreed to buy deposits in North Carolina from First Reliance Bancshares in Florence, S.C.

Central Ohio Bancorp in Waverly has raised capital. The parent of the $229 million-asset First National Bank of Waverly brought

Northeast Bank in Portland, Maine, is raising $75 million by selling common stock. The $3.9 billion-asset bank said in a

Independent Bank Corp. in Rockland, Mass., has agreed to buy Enterprise Bancorp in Lowell, Mass. The $20 billion-asset Independent said

The Consumer Financial Protection Bureau has filed a lawsuit against Comerica for alleged deficiencies related to the Dallas company's administration

Altos Bank has opened in Los Altos, Calif. The de novo opened on Nov. 25, according to the Federal Deposit

Elemi Bank, a de novo proposed for Encino, Calif., has secured conditional approval from the Federal Deposit Insurance Corp. The

Fiserv CEO Frank Bisignano was selected by President-elect Donald Trump to serve as commissioner of the Social Security Administration. Bisignano,

Columbia Financial in Fair Lawn, N.J. has repositioned its balance sheet at a pretax loss of about $38 million. The

The Clearing House will increase the individual transaction limit for the RTP Network from $1 million to $10 million. The

Associated Banc-Corp in Green Bay, Wis., will report a net loss in the fourth quarter after repositioning its securities portfolio

Lake Shore Bancorp in Dunkirk, N.Y., has been freed from a regulatory order. The $698 million-asset company said in a

BankTech Ventures has invested in SOLO, a data collection platform. BankTech Ventures said in a press release that SOLO’s platform enables

Equity Bancshares in Wichita, Kan., is selling $80 million by selling common stock. The company said in a press release

Valley National Bancorp in New York sold $925 million of commercial real estate loans at a loss. The $62 billion-asset

First National Bank of Omaha in Nebraska has shut down mobile banking platform Milli Bank. The $31.5 billion-asset bank closed

United Community Banks in Greenville, S.C., has agreed to buy ANB Holdings in Oakland Park, Fla. The $27.4 billion-asset United

Lumin Digital, a cloud-native digital banking provider in San Ramon, Calif., raised more than $160 million in equity financing. Lumin

Fleur Capital has agreed to buy Simmesport State Bank in Simmesport, La. Fleur, led by Spirit of Texas Bank President

Shareholders of IF Bancorp backed a nonbinding proposal calling for the sale of the Watseka, Ill., company. The $893 million-asset

Horizon Bancorp in Michigan City, Ind., disclosed that a plan to sell its mortgage warehouse business has fallen through. The

Old National Bancorp in Evansville, Ind., has agreed to buy Bremer Financial in St. Paul, Minn. The $54 billion-asset Old

Island Federal Credit Union in Hauppauge, N.Y., has added some permanency to its leadership. The credit union said in a

Scott Kavanaugh is retiring as CEO of First Foundation in Dallas. The $13.6 billion-asset company said in a press release

Union Bankshares in Morrisville, Vt., has implemented a 20-year term limit for its directors. The $1.5 billion-asset company disclosed in

The Federal Reserve has barred the former CEO of the failed Heartland Tri-State Bank from future participation in the banking

The Office of the Comptroller of the Currency has issued a cease-and-desist order to Clear Fork Bank in Albany, Texas,

Clarion County Community Bank in Clarion, Pa., has new leadership. The $230 million-asset bank said that Travis Heiser had become

Capital City Bank Group in Tallahassee, Fla., will take over full ownership of Capital City Home Loans. The $4.2 billion-asset

Bethpage Federal Credit Union in Bethpage, N.Y., is rebranding as FourLeaf Federal Credit Union. The $13.4 billion-asset credit union aid

Moody’s in New York has acquired loan-origination platform Numerated Growth Technologies for an undisclosed amount. Moody's said in a press

Robinhood Markets has agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisers (RIAs). Robinhood said

The Federal Reserve has issued a new cease-and-desist order to Small Business Bank in Lenexa, Kan. The Fed said the

Industry Bancshares in Industry, Texas, which has been embroiled in a battle with the Office of the Comptroller of the

Martin Gruenberg has set a date for his retirement as chairman of the Federal Deposit Insurance Corp. Gruenberg, in an

FirstSun Capital Bancorp in Denver and HomeStreet in Seattle have terminated their planned merger after failing to secure regulatory approval.

Buckley State Bank in Buckley, Ill., is looking to hire a new president and CEO. The $50 million-asset bank is

PBT Bancshares in McPherson, Kan., has applied to acquire Kanza Financial in Kingman, Kan. PBT, the parent of the $1.2

Associated Banc-Corp in Green Bay, Wis., is raising up to $345 million that could be used to fine-tune its balance

Star One Credit Union in Sunnyvale, Calif., has invested $4.5 million in a new credit union service organization (CUSO) focused

Zeplyn, a software-as-a-service company that streamlines wealth management workflows, has raised $3 million in a funding round led by early-stage

Republic First Bank failed in April largely because of a “dysfunctional” management and board that made it difficult for regulators

Cascade Federal Credit Union in Kent, Wash., turned to the banking industry to recruit its next leader. The $347 million-asset

Axos Financial in San Diego has formed a technology and life sciences banking division after recruiting a banker from City

Insight Credit Union in Winter Springs, Fla., has agreed to a sale-leaseback transaction involving three branches. The credit union sold

Organizers of a proposed New Orleans de novo plan to open the bank as a minority depository institution. The group

Wilson Bank & Trust in Lebanon, Tenn., has agreed to buy a Cookeville, Tenn., branch from F&M Financial in Clarksville,

Farmers Savings Bank in Colesburg, Iowa, has agreed to buy Elgin State Bank in Elgin, Iowa. The $235.5 million-asset Farmers

A former executive at Nano Banc in Irvine, Calif., has been barred from working in the banking industry. The Federal

Malvern Bank in Malvern, Iowa, will soon have a new president. The $216 million-asset bank said in a press release

George Makris Jr. is back at the helm of Simmons First National in Pine Bluff, Ark. The $27.3 billion-asset company

Valley National Bancorp in New York brought in nearly $449 million by selling common stock. The $62 billion-asset company, which

Dime Community Bancshares in Hauppauge, N.Y., is raising $125 million to potentially reposition its balance sheet. The $13.7 billion-asset company

Carver Bancorp in New York is facing a proxy challenge from a big investor. Dream Chasers Capital Group, which owned

Florida’s Office of Financial Regulation placed Alliance Credit Union of Florida in Gainesville into conservatorship. The National Credit Union Administration

DCFU Financial in Dearborn, Mich., has agreed to buy Winter Park National Bank in Winter Park, Fla. The $7 billion-asset

Valley National Bancorp in New York is planning to raise $400 million. The $62 billion-asset company said in a press

Shareholders at Territorial Bancorp have approved the Honolulu company's sale to Hope Bancorp in Los Angeles, thwarting an effort by

Navy Federal Credit Union in Vienna, Va., must pay $95 million to address claims by the Consumer Financial Protection Bureau

Alliant Credit Union in Chicago has a new leader. The $20.3 billion-asset credit union said that Dennis Devine had stepped

A group has applied to form a bank in New Orleans. Organizers submitted an application to the Federal Deposit Insurance

An investor group has completed its purchase of First State Bank of Decatur in Michigan. GTSB Financial said in a

The Consumer Financial Protection Bureau is considering issuing an enforcement action against Capital One Financial in McLean, Va., in connection

Technology firm nCino in Wilmington, N.C., has agreed to buy U.K.-based Software-as-a-Service platform FullCircl. The acquirer said in a press

Franklin Financial Services in Chambersburg, Pa., is looking for a new president and CEO. The $2.2 billion-asset Franklin disclosed in

Sterling Bancorp in Southfield, Mich., chose to sell its bank to EverBank in Jacksonville, Fla., after a group of experienced

Provident Bancorp in Amesbury, Mass., is being investigated by the Securities and Exchange Commission over disclosures it made tied to

Peapack-Gladstone Financial in Bedminster, N.J., is rebranding its bank and wealth management operations under a single name as it looks

First Financial Bank in El Dorado, Ark., will start 2025 with new leadership. The $1.7 billion-asset bank said in a

Security Bank in Springfield, Ill., is planning to convert from a mutual to a stock holding company. The $219.6 million-asset

Northrim BanCorp in Anchorage, Alaska, has acquired Sallyport Commercial Finance. Northrim said in a press release that its deal valued the

Mid Penn Bancorp in Harrisburg, Pa., has agreed to buy William Penn Bancorp. in Bristol, Pa. The $5 billion-asset Mid

Central Pacific Bancorp in Honolulu reported quarterly earnings that included expenses tied to assessing a "strategic opportunity." The $7.4 billion-asset

VyStar Credit Union in Jacksonville, Fla., must pay a $1.5 million civil penalty to address the Consumer Financial Protection Bureau's

HomeStreet in Seattle could look to shed $800 million of multifamily loans if its planned sale to FirstSun Capital Bancorp

Arrow Financial in Glen Falls, N.Y., has acquired an insurance agency. The $4.4 billion-asset company said in a press release

Bank of America in Charlotte, N.C., is in talks with several federal agencies over various aspects of its efforts to

FirstSun Capital Bancorp in Denver and HomeStreet in Seattle are evaluating "an alternative regulatory structure" for their planned merger after

Quaint Oak Bancorp in Southampton, Pa., has agreed to a sale-leaseback transaction with Mountainseed Real Estate Services. The $702 million-asset

Austin Bancorp in Jacksonville, Texas, has agreed to buy Chasewood Bank in Houston. The parent of the $2.8 billion-asset Austin

Casap, a startup created to help banks and fintechs combat first-party fraud, has raised $8.5 million in seed and pre-seed

An investor group aiming to disrupt the sale of Territorial Bancorp to Hope Bancorp in Los Angeles has shared more

First Northwest Bancorp in Port Angeles, Wash., is no longer operating under an enforcement action. The company said in a

The Canadian Digital Governance Council has become the second entity to apply with the Consumer Financial Protection Bureau to become

First Northwest Bancorp in Port Angeles, Wash., is restating its second-quarter results after determining that it had another $6.6 million

Peoples Financial Services in Scranton, Pa., has accelerated its CEO succession plan. The $5.5 billion-asset company said in a press

U & I Financial in Lynwood, Wash., is operating under a written agreement with the Federal Reserve. The Fed disclosed

First Carolina Bank in Rocky Mount, N.C., has agreed to buy BM Technologies in Radnor, Pa. The $3.2 billion-asset bank

Griggsville Bancshares in Griggsville, Ill., has agreed to buy Scott Morgan Bancorp in Bluffs, Ill. The holding company for the

CVB Financial in Ontario, Calif., reported lower quarterly profit after selling some underwater securities. The $15.4 billion-asset company said in

EverBank in Jacksonville, Fla., has agreed to buy the life premium finance division of Primis Bank in McLean, Va. The

Heritage Financial in Olympia, Wash., reported lower quarterly earnings after selling underwater securities and charging off a loan. The $7.2

MidWestOne Financial Group in Iowa City posted a big quarterly loss after repositioning its balance sheet. The $6.6 billion-asset company

Midland States Bancorp in Effingham, Ill., is scaling back in equipment finance and some consumer lending segments. The $7.8 billion-asset

HarborOne Bancorp in Brockton, Mass., reported lower quarterly profit due to an issue with a commercial real estate loan. The $5.8

Valley National in New York is continuing to derisk its balance sheet. The $62.1 billion-asset company said in a press

Pathward Financial in Sioux Falls, S.D., will receive a $1 million advance for its patience with selling its commercial insurance

First Bancorp in Southern Pines, N.C., reported lower quarterly profit as it braces for the potential financial impact of Hurricane

Independent Bank Group in McKinney, Texas, which is in the process of selling itself to SouthState in Winter Haven, Fla., is

Y-12 Federal Credit Union in Oak Ridge, Tenn., has agreed to buy First State Bank of the Southeast in Middlesboro,

The Consumer Financial Protection Bureau hit Goldman Sachs and Apple with $89 million in financial penalties tied to their handling of

Farmers National Banc Corp. in Canfield, Ohio, reported lower quarterly profit after an issue with a commercial credit backed by

First Commerce Bancorp in Lewisburg, Tenn., has agreed to buy Peoples Bank of Middle Tennessee in Shelbyville. The holding company

Informa Group, which operates the Finovate conference series, has acquired Ascential. Ascential is the company behind the annual Money20/20 conference

The Consumer Financial Protection Bureau created an exemption for smaller banks when it comes to the agency's new open banking

Banco Santander has debuted its digital bank in the United States. The Spanish bank launched Openbank, which has been available

Banc of California in Irvine reported a quarterly loss after selling underwater securities. The $33.4 billion-asset company said in a

Citizens Alliance Bank in Clara City, Minn., has agreed to buy Stockmens Bank in Cascade, Mont. The $1.4 billion-asset Citizens

GBank Financial Holdings in Las Vegas raised $20 million from a private placement. The parent of the $1 billion-asset GBank

Atlantic Union Bankshares in Richmond, Va., has agreed to buy Sandy Spring Bancorp in Olney, Md. The $27.5 billion-asset Atlantic

First National Bank of Lindsay in Oklahoma was closed by the Office of the Comptroller of the Currency. The Federal

Business First Bancshares in Baton Rouge, La., has a new bank president. The $6.7 billion-asset company said in a press release

Franklin Financial Services in Chambersburg, Pa., restructured its securities portfolio. The $2 billion-asset company disclosed in a regulatory filing that its

Provident Financial Services in Jersey City, N.J., has settled a lawsuit tied to its overdraft fees. The $24.1 billion-asset company

National Bankshares in Blacksburg, Va., has a new president lined up. The $1.8 billion-asset company said in a press release

Metropolitan Bank Holding in New York reported lower quarterly profit that reflected a reserve designed to address a probe into

New York Community Bancorp in Hicksville is planning to cut about 700 jobs at its bank. The $119.1 billion-asset company

FNB Corp. in Pittsburgh sold a portfolio of indirect auto loans at a loss. The $48 billion-asset FNB said in

Jewel Box Financial Services in Columbus, Wis., has agreed to buy Wisconsin River Bank in Sauk City, Wis. The $505

OceanFirst Financial in Red Bank, N.J., incurred costs in the third quarter after buying a mortgage lender and a finance

Axiom Bank entered into a formal agreement with the Office of the Comptroller of the Currency that flagged the Maitland,

First Liberty National Bancshares in Liberty, Texas, has agreed to buy Coastal Bancshares in Pearland, Texas. The parent of the

Texas Capital Bancshares in Dallas, which reported a quarterly loss after repositioning its securities portfolio and incurring restructuring costs, said

Webster Financial in Stamford, Conn., reported lower quarterly profit after it sold more underwater securities, incurred restructuring expenses and divested

Berkshire Hills Bancorp in Boston sold a portfolio of Upstart-related consumer loans at a loss. The company disclosed in a

Burke & Herbert Financial Services in Alexandria, Va., has fulfilled a pledge for its purchase of Summit Financial Group by

Fairway Independent Mortgage Corp. agreed to pay nearly $10 million to settle redlining claims. The Justice Department and the Consumer

New York Community Bancorp in Hicksville will rebrand as Flagstar Financial. The $119 billion-asset company said in a press release

Lowndes Bancshares in Valdosta, Ga., has acquired FMB Bancshares in Lakeland, Ga. The deal was disclosed by Performance Trust Capital

Border Bancshares in Fargo, N.D., has raised $5.2 million after selling common stock. The holding company for the $953 million-asset

Fieldpoint Private Bank & Trust in Greenwich, Conn., which is operating under a written agreement with the Federal Reserve, raised

FB Financial in Nashville, Tenn., reported lower quarterly profit that reflected its decision to sell underwater securities. The $12.9 billion-asset

National Bank of Arizona in Tucson has a new CEO. The $5 billion-asset bank said in a press release that

Bankwell Financial Group in New Canaan, Conn., said its third-quarter results will be hit by an $8.2 million charge-off. The

Bravera Holdings in Dickinson, N.D., has agreed to buy VISIONBank in Fargo, N.D. The $3.2 billion-asset Bravera said in a

Citadel Federal Credit Union in Exton, Pa., agreed to pay about $6.5 million to address claims that it failed to

Home BancShares in Conway, Ark., added $16.7 million to its loan-loss allowance to cover potential losses from Hurricane Helene. The

An investor in Territorial Bancorp has vowed to vote against the Honolulu company's pending sale to Hope Bancorp in Los

State Bank of Southern Utah in Cedar City will have a new CEO in 2025. The $2.5 billion-asset bank said

Family Savings Credit Union in Rainbow City, Ala., has agreed to buy two branches from Merit Bank in Huntsville, Ala.

MainStreet Bancshares in Fairfax, Va., expects to report a third-quarter loss due to nonperforming loans. The $2.1 billion-asset company said

Georgia Banking Co. in Atlanta has agreed to buy Primary Bancshares in Atlanta. The $2 billion-asset Georgia Banking said in

Jim Reuter's retirement didn't last long. The $30.2 billion-asset First Interstate BancSystem in Billings, Mont., hired Reuter to become its

Hills Bancorp. in Hills, Iowa, will start next year with a new leader. The $4.3 billion-asset company said in a

Isabella Bank Corp. in Mt. Pleasant, Mich., disclosed about $5.6 million in exposure to two customers. The $2.1 billion-asset company

LendingClub in San Francisco and Pagaya Technologies in New York have partnered to buy the intellectual property behind the now-defunct

HAPO Community Credit Union in Richland, Wash., has agreed to buy Community First Bank in Kennewick, Wash. The $2.3 billion-asset

Grasshopper Bank in New York has agreed to buy Auto Club Trust in Dearborn, Mich. The $835 million-asset Grasshopper said

Stryv Bank in Wichita, Kan., has a new president. The $236 million-asset bank said in a press release that Zach

River Run Bancorp in Newburyport, Mass., is planning to merge with Rollstone Bancorp in Fitchburg, Mass. The $2.6 billion-asset River

Discussions between WesBanco in Wheeling, W.Va., and Premier Financial in Defiance, Ohio seemingly began at the Acquire or Be Acquired

NASB Financial in Kansas City, Mo., will have a new leader in 2025. The parent of the $2.8 billion-asset North

The Georgia Department of Banking and Finance approved Fiserv’s application for a special banking charter that gives it direct access

Territorial Bancorp in Honolulu, which is facing pressure from an unsolicited offer, has postponed a shareholder vote for its pending

Education First Federal Credit Union in Beaumont, Texas, has a new CEO. Urjit Patel announced on his LinkedIn account that

OneAZ Credit Union in Phoenix has agreed to buy 1st Bank of Yuma in Arizona. The $3.6 billion-asset credit union

Coastal Financial in Everett, Wash., has a new president for its fintech and Banking-as-a-Service division. The $4 billion-asset company said

CU WealthNext, a credit union-owned fintech, has invested in Concreit, a fractional real estate investing platform. CU WealthNext, which did

TruWest Credit Union in Scottsdale, Ariz., has a new CEO. The $1.8 billion-asset credit union said in a press release

Institutional Shareholder Services has recommended that Territorial Bancorp shareholders reject the Honolulu company's pending sale to Hope Bancorp in Los

Five Rivers Bank, a proposed de novo being formed by a group of Sikh-Americans, has gained conditional approval from the

First Foundation in Dallas has begun the process of purging multifamily loans from its balance sheet. The $13.6 billion-asset company

AmeriNational Community Services in Albert Lea, Minn., received Federal Reserve approval to form a bank holding company so it can

Abri Credit Union in Romeoville, Ill., has a new CEO. The $400 million-asset Abri said in a press release that

Zions Bancorp. in Salt Lake City has agreed to buy four California branches from FirstBank in Lakewood, Colo. Zions' subsidiary

JD Bancshares in Jennings, La., has a president. The $1.2 billion-asset company said in a press release that Paul Brummett

SVB Financial Group in Santa Clara, Calif., sold its investment platform business. The former holding company to Silicon Valley Bank,

CNB Community Bancorp in Hillsdale, Mich., will buy 145,000 shares of its common stock after completing a tender offer. The

Interstate Bank in Perryton, Texas, has a new leader. The $264 million-asset bank said in a press release that Blair

Digital Federal Credit Union in Marlborough, Mass., and First Tech Federal Credit Union in San Jose, Calif., are planning a

Territorial Bancorp in Honolulu doubled down on its commitment to selling itself to Hope Bancorp in Los Angeles despite an

Byline Bancorp in Chicago has agreed to buy First Security Bancorp in Elmwook Park, Ill. The $9.6 billion-asset Byline said

Ponce Financial Group in New York has expanded into Florida. The company said in a press release that it opened

Wells Fargo in San Francisco and Fiserv in Milwaukee are planning to end joint venture Wells Fargo Merchant Services. Fiserv

A pair of credit unions focused on the Ukrainian-American community are planning to merge. The $1.4 billion-asset Self Reliance New

Pathward Financial in Sioux Falls, S.D., and AFS IBEX Financial Services said they remain committed to the sale of Pathward’s

Rhinebeck Bancorp in Poughkeepsie, N.Y., repositioned its securities portfolio. The company said in a press release that it sold $71

MidWestOne Financial Group in Iowa City raised $103.5 million by selling common stock. The company said in a press release that

An investor group has sweetened the pot in its effort to uproot Hope Bancorp’s purchase of Territorial Bancorp in Honolulu.

Orrstown Financial Services in Harrisburg, Pa., disclosed that the successor to its CEO is leaving. The $3.2 billion-asset company said

Amerant Bancorp in Coral Gables, Fla., is looking to raise at least $150 million in capital. The $9.7 billion-asset company

The Financial Data Exchange (FDX) has applied with the Consumer Financial Protection Bureau to become a recognized standard-setting organization to

Mifflinburg Bancorp in Mifflenburg, Pa., has agreed to buy Northumberland Bancorp in Northumberland, Pa. The $567 million-asset Mifflinburg said in

A group planning a bank in California has changed the location of the proposed de novo. Organizers of Elemi Bank

Northeast Bank in Portland, Maine, bought a large loan portfolio. The bank said in a press release that it acquired

ESL Federal Credit Union in Rochester, N.Y., has agreed to buy Generations Bank in Seneca Falls, N.Y. The $9.2 billion-asset

TowneBank in Suffolk, Va., has agreed to buy Village Bank and Trust Financial in Midlothian, Va. The $17.1 billion-asset TowneBank

Chain Bridge Bancorp in McLean, Va., is planning an initial public offering. The holding company for the $1.4 billion-asset Chain

BNY in New York agreed to buy Archer, a company that provides cloud-based software for managed accounts. BNY said it

Liberty Capital Bancshares in Addison, Texas, has agreed to buy Southwestern Bancorp in Boerne, Texas. The transaction between the parent

Silvergate Capital, which voluntarily liquidated its bank, filed for Chapter 11 bankruptcy protection in Delaware. The holding company for the

TD Bank Group in Toronto will have a new CEO in 2025. The company said in a press release that

OceanFirst Financial agreed to settle claims by the Justice Department and the Department of Housing and Urban Development that it

Kentucky First Federal Bancorp in Hazard reported a quarterly loss that reflected a $947,000 goodwill impairment charge. The $375 million-asset

Carver Bancorp in New York has a new leader. The company said in a press release that Donald Felix will

Financial Institutions in Warsaw, N.Y., is shutting down its Banking-as-a-Service platform. The $6.1 billion-asset holding company for Five Star Bank

Tom O’Brien has turned around and sold another bank. EverBank in Jacksonville, Fla., agreed to buy Sterling Bank and Trust

The Idaho Bankers Association has a new leader. The association announced on LinkedIn that Stacey Satterlee had become its president

The Wisconsin Credit Union League has its next president and CEO lined up. The association said in a press release

Organizers of a proposed community bank in California have received conditional approval from the Federal Deposit Insurance Corp. The proposed

Primis Financial in McLean, Va., plans to restate more financial results to address accounting issues. The $3.9 billion-asset company disclosed

Mountain America Credit Union in Sandy, Utah, has agreed to sell its branches in Albuquerque, N.M., to Sandia Laboratory Federal

Navient, a loan servicing company based in Delaware, will pay $120 million in fines and be prohibited from most of

A group represented by veteran banker Allan Landon made an unsolicited bid to buy Territorial Bancorp in Honolulu. The $18.1

Wells Fargo is operating under a formal agreement with the Office of the Comptroller of the Currency that requires the

Fieldpoint Private Bank & Trust agreed to a written agreement with regulators that requires the Greenwich, Conn., bank to improve

Capitol National Bank in Lansing, Mich., has a new president. The $192.5 million-asset bank said in a press release that

TD Bank was ordered by the Consumer Financial Protection Bureau to pay $28 million for sharing inaccurate customer data with

Warsaw Federal Savings & Loan in Cincinnati raised $5 million as part of a plan to become a minority depository institution.

MountainSeed Real Estate Services entered into a sale-leaseback transaction with 1st Federal Savings Bank of SC in Walterboro. The $164

National Bank Holdings in Denver has a new president. The $9.97 billion-asset company said in a press release that Aldis

Camden National in Camden, Maine, has agreed to buy Northway Financial in North Conway, N.H. The $5.7 billion-asset Camden National

Huntington Bancshares in Columbus, Ohio, is planning a major push into the Carolinas and into corporate mortgage finance. The $196

Simone Lagomarsino is taking on even more responsibility at First Foundation in Dallas. The $13.6 billion-asset company disclosed in a

NBT Bancorp in Norwich, N.Y., has agreed to buy Evans Bancorp in Williamsville, N.Y. The $13.5 billion-asset NBT said in

KeyCorp in Cleveland repositioned its balance sheet. The company, which recently agreed to sell a big stake in itself to

Customers Bancorp in West Reading, Pa., which was recently hit with an enforcement action, has a new chief risk officer.

Texas Capital Bancshares in Dallas continues to reshape its balance sheet. The $29.9 billion-asset company said in a press release

QCR Holdings in Moline, Ill., will stop offering new loans and leases through its equipment finance business. The $8.9 billion-asset

Builtwell Bancorp in Chattanooga, Tenn., has agreed to buy Bradley County Financial in Cleveland, Tenn. The $1.8 billion-asset parent of

ConnectOne Bancorp in Englewood Cliffs, N.J., has agreed to buy The First of Long Island in Melville, N.Y. The $9.7

REV Federal Credit Union in Summerville, S.C., has agreed to buy First Neighborhood Bank in Spencer, W.Va. The $1.1 billion-asset

Patrick Harker will step down as president of the Federal Reserve Bank of Philadelphia next year. Harker, who has held

United Texas Bank in Dallas is working under a cease-and-desist order after a Federal Reserve examination found “significant deficiencies” tied

Huntington Bancshares in Columbus, Ohio, has agreed to a 20-year sponsorship deal that included naming rights to the Cleveland Browns

Four States Bank in Carthage, Mo., has opened. The de novo raised the required $23.5 million in initial capital and

United Community Banks in Greenville, S.C., sold most of its manufactured housing portfolio. The $27.1 billion-asset company said in press

Arrha Credit Union in Springfield, Mass., has applied to merge into Pittsfield Cooperative Bank in Pittsfield, Mass. The National Credit

Gallatin Point Capital bought a roughly 15% stake in Israel Discount Bank in New York. Gallatin paid about $150 million

Mutual Federal Bancorp and Pulaski Savings Bank are planning to merge. The $99.8 million-asset Mutual Federal expects to absorb the

Fulton Financial in Lancaster, Pa., plans to lay off 111 people in conjunction with recently announced branch closings. The $31.8

Georgia Heritage Federal Credit Union in Savannah has a new leader. The $149 million-asset credit union said in a press

Pathward Financial in Sioux Falls, S.D., has agreed to sell its commercial insurance premium finance business to AFS IBEX Financial

Bridgewater Bancshares in St. Louis Park, Minn., has agreed to buy First Minnetonka City Bank in Minnetonka, Minn. The $3.7

Northwest Federal Credit Union in Washington, D.C., has acquired the naming rights for the Washington Commanders stadium. The $4.6 billion-asset

Regulators approved an application by OakNorth Bank Plc in London to open a representative office in New York. The office

Mutual Savings and Loan Association in Metairie, La., plans to raise up to $8.2 million by converting to a stock-owned

Linker Finance, a Pasadena, Calif., company that offers mobile and online banking services to community banks, raised $3.7 million in

The Federal Deposit Insurance Corp. has given conditional approval to another proposed Florida bank. Organizers of the planned Gala Bank

First Busey in Champaign, Ill., has agreed to buy CrossFirst Bankshares in Leawood, Kan. The $12 billion-asset First Busey said

Happy Money, which provides unsecured lending services to credit unions, has a new CEO. The company said in a press

Old Second Bancorp in Aurora, Ill., has agreed to buy five Chicago-area branches from First Merchants in Muncie, Ind. The

La Plata Bancshares in Hereford, Texas, raised $10.9 million. The $283 million-asset company completed a private placement of common stock

Merchants & Marine Bancorp in Pascagoula, Miss., has hired a veteran banker to serve as brand president and CEO of

A group in Albertville, Ala., has applied to form a new bank. Organizers are planning Solutions Plus Bank, according to

Columbia Financial in Fair Lawn, N.J., is planning to merge its banks. The $10.8 billion-asset company said in a press

OP Bancorp in Los Angeles will have a new CEO next year. The $2.3 billion-asset company said in a press

RBB Bancorp in Los Angeles has been freed from an October 2023 consent order.   The $3.9 billion-asset company and

TD Bank Group in Toronto has reduced its stake in Charles Schwab Corp. as it looks to offset costs tied

U.S. Bancorp in Minneapolis has acquired healthcare fintech Salucro Healthcare Solutions in Tempe, Ariz. The $680.1 billion-asset U.S. Bancorp said

The Virginia Association of Community Banks has a new leader. The association said in a press release that Corey Connors

Cornerstone Bank in York, Neb., has agreed to buy Bank of Orchard in Nebraska. The $2.7 billion-asset Cornerstone said in

Organizers of a proposed community bank in California have received conditional approval from the California Department of Financial Protection and

PCB Financial in Costa Mesa, Calif., has acquired Northern California Bancorp in Monterey. PCB, a group formed for the purpose

U.S. Bancorp in Minneapolis has created a strategic partnership to offer co-branded products to Edward Jones clients. The $680.1 billion-asset

Wells Fargo in San Francisco has agreed to sell the non-agency third-party servicing segment of its commercial mortgage servicing business

Industry Bancshares in Industry, Texas, which has been embroiled in a battle with one of its regulators, is being recapitalized.

A proposed bank in Miami has received conditional approval from the Federal Deposit Insurance Corp. Organizers of BankMiami must raise

The former CEO of the failed Heartland Tri-State Bank has been sentenced to over 24 years in prison. The U.S.

U.S. Eagle Federal Credit Union in Albuquerque, N.M., has agreed to buy Southwest Capital Bank in Albuquerque. The $1.5 billion-asset

Monzo has hired one of its advisers to run its U.S. bank. The U.K. neobank said that Carol Nelson will

Freedom Bancshares in Belington, W.Va., and Appalachian Financial in Philippi, W.Va., have filed the application for their planned merger of

Spokane Teachers Credit Union in Washington has agreed to buy Community Bank in Joseph, Ore. The $6.4 billion-asset STCU said

SB Financial Group in Defiance, Ohio, has agreed to buy Marblehead Bancorp in Marblehead, Ohio.   The $1.3 billion-asset SB

KeyCorp in Cleveland agreed to sell a 14.9% stake in itself to The Bank of Nova Scotia for about $2.8

Customers Bancorp in West Reading, Pa., which just received an enforcement action requiring it to improve Bank Secrecy Act and

Avadian Credit Union in Hoover, Ala., has a new leader lined up. The $1.3 billion-asset credit union said in a

TCM Bank in Tampa, Fla., announced that its CEO had resigned. The $325 million-asset bank, a unit of ICBA Payments,

City National Bank of Florida in Miami has created a national capital markets group. The $26.1 billion-asset bank said in

CRB Group in Fort Lee, N.J., has added three directors. The parent of the $8.9 billion-asset Cross River Bank said

Texas Capital Bancshares in Dallas has created a new private credit division. The $29.1 billion-asset company said in a press

Customers Bancorp in West Reading, Pa., must improve its risk management practices for its digital asset strategy under a written

Truist Financial in Charlotte, N.C., reached a seven-year agreement to become the title sponsor of the PGA Tour’s golf tournament

Security Bancshares in Paris, Tenn., has agreed to buy Bancshares of Ripley in Ripley, Tenn. Security is the $1.2 billion-asset

Berco in Salina, Kan., has agreed to buy New Millennium Bankshares in Topeka, Kan. Berco, the parent of the $994

Orrstown Financial Services in Harrisburg, Pa., plans to close six branches in Pennsylvania and Maryland. The $2.2 billion-asset company said

The Federal Deposit Insurance Corp. has given conditional approval for a de novo bank planned in White Plains, N.Y. Organizers

Optus Bank in Columbia, S.C., has a new president. The black-owned bank said in a press release that Benita Lefft

Arcadia Federal Credit Union in Fort Kent, Maine, will have a new leader next year. The $365 million-asset credit union

Van Wert Federal Savings Bank in Van Wert, Ohio, has a new name.   VWF Bancorp, the bank’s $271 million-asset

Totem Technologies, a challenger bank focused on the Native American community, has shut down. Amber Buker, the company’s founder and

The Mission Driven Bank Fund in Cleveland, which recently raised $65 million, has invested in two community banks. The fund

Pendleton Community Bank in Franklin, W.Va., has a new president. The $764 million-asset bank said in a press release that

Zeal Credit Union in Livonia, Mich., has invested in fintech CU WealthNext. The $824 million-asset credit union did not disclose

Star Bank in Maple Lake, Minn., has a new CEO following the death of its founder. The $390.1 million-asset unit

Peoples Bancorp of North Carolina in Newton has lined up its next leader.   The $1.6 billion-asset company said in

Mid-Atlantic Federal Credit Union in Germantown, Md., will soon have a new CEO. The $425 million-asset credit union said in

The parent company of American Savings Bank is considering strategic options for the Honolulu bank. The $9.3 billion-asset bank lost

Payments firm Stripe bought Lemon Squeezy, a Salt Lake City digital sales software company. Lemon Squeezy, which helps merchants sell

NATCOM Bancshares in Superior, Wis., has agreed to buy Great River Holding Co. in Baxter, Minn. NATCOM, the parent of

MVB Financial in Fairmont, W.Va., began the process of shutting down its digital asset program. The $3.3 billion-asset company said

German American Bancorp in Jasper, Ind., has agreed to buy Heartland BancCorp in Whitehall, Ohio.   The $6.2 billion-asset German

Renasant in Tupelo, Miss., has agreed to buy The First Bancshares in Hattiesburg, Miss. The $17 billion-asset Renasant said in

First Foundation in Dallas plans to unload more than $1 billion of multifamily loans as part of its overhaul. The

WesBanco in Wheeling, W.Va., has agreed to buy Premier Financial in Defiance, Ohio. The $18.1 billion-asset WesBanco said in a

First Northwest Bancorp in Port Angeles, Wash., had a noisy second quarter that included a balance sheet restructuring, a sale-leaseback

New York Community Bancorp in Hicksville reported another quarterly loss and announced plans to sell its residential mortgage servicing business

Kearny Financial in Fairfield, N.J., reported a quarterly loss after recording a $95.3 million goodwill impairment charge. The $7.7 billion-asset

ChoiceOne Financial Services in Sparta, Mich., has agreed to buy Fentura Financial in Fenton, Mich. The $2.6 billion-asset ChoiceOne said

Eagle Bancorp in Bethesda, Md., recorded a large quarterly loss after taking a goodwill impairment charge. The $11.3 billion-asset company

Time Bank in Park Ridge, Ill., has agreed to buy Northwest Investment Corp. in Davenport, Iowa. The $470 million-asset Time

CIB Marine Bancshares in Champaign, Ill., has completed a sale-leaseback transaction for three branches. The $889 million-asset company sold the

Fremont Bank in Fremont, Calif., will soon have a new president. The $5.9 billion-asset bank said in a press release

First Guaranty Bancshares in Hammond, La., laid off about 15% of its employees and cut its dividend in half as

The planned Fortuna Bank is targeting a fall opening after meeting its capital requirement. The proposed Grandview Heights, Ohio, de

The Treasury Department has informed Comerica that the Dallas company could lose a lucrative Direct Express government contract. As the

ACNB in Gettysburg, Pa., has agreed to buy Traditions Bancorp in York, Pa.   The $2.5 billion-asset ACNB said in

KKR has agreed to buy investment bank Janney Montgomery Scott from Penn Mutual Life Insurance. Janney, which has more than

Arrow Financial in Glen Falls, N.Y., is planning to merge its two banks under a new brand. The $4.2 billion-asset

The City of Boston Credit Union has a new CEO. The $585 million-asset credit union said in a press release

BayFirst Financial in St. Petersburg, Fla., is expanding into healthcare lending after hiring a veteran banker. The $1.1 billion-asset bank

BCB Bancorp in Bayonne, N.J., reported lower quarterly earnings after selling loans. The $3.8 billion-asset company’s second-quarter earnings fell by

FS Bancorp in Mountlake Terrace, Wash., has a new president. The $3 billion-asset company said in a press release that

Generations Bancorp NY in Seneca Falls has entered into a written agreement with the Office of the Comptroller of the

Green Dot in Austin, Texas, was fined $44 million by the Federal Reserve to address consumer compliance breakdowns tied to

Bank of Hawaii in Honolulu has a new president.   The company disclosed in a regulatory filing that James Polk

Fulton Financial in Lancaster, Pa., plans to close 13 branches in Pennsylvania and New Jersey. The company disclosed in a

Synovus Financial in Columbus, Ga., posted a net loss in the second quarter after purging its securities portfolio. The $60

A mortgage banking veteran has agreed to buy Greenwoods Financial Group in Lake Mills, Wis. The $575 million-asset parent of

Discover Financial Services in Riverwoods, Ill., has agreed to sell its private student loan portfolio to strategic partnerships that involve

Capital One Financial Group in McLean, Va., has pledged $265 billion over the next five years to support underserved markets

Firstbanc of Alabama in Talladega has agreed to a sale-leaseback transaction with MountainSeed Real Estate Services. The parent of the

Currency Bank in Oak Grove, La., has a new president and CEO. Scott Gaudin announced on his LinkedIn page that

VersaBank named a president for its new U.S. bank. The Canadian bank said in a press release that Tel Matrundola

Country Bank for Savings in Ware, Mass., will have a new CEO. The $1.9 billion-asset bank said in a press

TD Bank has agreed to a three-year, $20 billion community impact plan. The bank said in a press release that

Citigroup will pay a total of $136 million for not moving quickly enough to address four-year-old consent orders that require

The Mission Driven Bank Fund has completed its second close after raising $65 million. The Cleveland fund, which invests in

A de novo bank planned in Miami has received approval from its state regulator. Florida’s Office of Financial Regulation has

Amalgamated Bank of Chicago has rebranded as ABOC as part of a plan to expand beyond its home market. The $1.1

Forbright Bank in Potomac, Md., which was recently hit with a consent order, had its Community Reinvestment Act rating downgraded

Fifth Third Bancorp in Cincinnati will pay $15 million to settle a lawsuit from the Consumer Financial Protection Bureau tied

Alabama ONE Credit Union in Tuscaloosa has a new CEO. The $1.2 billion-asset credit union said in a press release

Greenwood’s Financial Group in Lake Mills, Wis., raised $10 million in capital.The parent of the $547 million-asset Greenwood’s Savings Bank

Piedmont Bancorp in Peachtree Corners, Ga., tried several times to find a buyer before agreeing to be sold to United

Murphy-Wall State Bank and Trust in Pinckneyville, Ill., has agreed to buy Oakdale State Bank in Oakdale, Ill. Murphy-Wall Bancorp,

The Bank of North Dakota in Bismarck has a new CEO. The North Dakota Industrial Commission also named Don Morgan

Renasant in Tupelo, Miss., has sold its insurance agency to Sunstar Insurance Group. The $17.3 billion-asset company said in a

First Foundation in Dallas is raising $228 million in a deal that will allow it to lower its concentration of

Bankwell Financial Group in New Canaan, Conn., is bracing for a $6.6 million hit tied to a nonperforming commercial loan.

New York Community Bancorp in Hicksville is planning a reverse stock split. The $113 billion-asset company said in a press

Silvergate Capital in La Jolla, Calif., and its bank will pay $63 million in penalties to settle claims it misled

Amerant Bancorp in Coral Gables, Fla., shared more information on the pending sale of its Houston operations. The $9.8 billion-asset

Southern Bankshares in Claxton, Ga., which was sold to an investor group last year, raised $19.1 million through a private

Merger talks between SouthState in Winter Haven, Fla., and Independent Bank Group in McKinney, Texas, were briefly halted in February

Patelco Credit Union in Dublin, Calif., had to shut down some day-to-day banking systems in response to a cyberattack. The

Webster Financial in Stamford, Conn., and Marathon Asset Management in New York have formed a private credit joint venture. The

Brazilian investment bank BTG Pactual has agreed to buy M.Y. Safra Bank in New York. BTG Pactual did not disclose

Thumb Bancorp in Pigeon, Mich., has agreed to buy Freeland State Bank in Freeland, Mich. The $617.1 million-asset Thumb will

Thread Bank in Rogersville, Tenn., has been dealt an enforcement by the Federal Deposit Insurance Corp. The $723 million-asset bank’s

First Kentucky Bank in Mayfield didn’t have to look too far to find its next CEO. The $575 million-asset said

Ion Financial in Naugatuck, Conn., and NVE Bancorp in Englewood, N.J., have agreed to merge. The mutual holding companies said

Chime in San Francisco has acquired Salt Labs, which provides incentive programs for businesses and employee rewards. The Salt Labs

The Bank of North Dakota, the only state-owned bank in the U.S., is looking for a new leader. Todd Steinwand

Hustisford State Bank in Wisconsin has a new CEO. The $80 million-asset bank said in a press release that Tanya

Merchants National Bank in Hillsboro, Ohio, has a new president. The $1.3 billion-asset bank said in a press release that

Bank Midwest in Spirit Lake, Iowa, has formed a digital bank to focus on the healthcare industry. The $1.3 billion-asset

Evolve Bancorp in West Memphis, Ark., confirmed that it was the victim of a cyberattack. The $1.6 billion-asset company, which

United Fidelity Bank in Evansville, Ind., and its parent companies are now operating under a cease-and-desist order from the Federal

Funding Circle has agreed to sell its U.S. business to iBusiness Funding, a unit of Ready Capital. The U.K. company

Heritage Financial in Olympia, Wash., will soon have a new president. The $7.1 billion-asset company said in a press release

The Office of the Comptroller of the Currency wants to expand its guidelines for recovery planning standards to more banks.

PeoplesBancorp in Holyoke, Mass., and SSB Community Bancorp in Spencer, Mass., have agreed to merge their mutual holding companies. PeoplesBancorp

General Motors Financial has withdrawn its application to form an industrial bank and receive deposit insurance. The captive finance unit

Greenback Fincorp in Austin, Texas, raised $2 million through a private placement. Greenback, the holding company for the $310 million-asset

The Federal Deposit Insurance Corp. approved a plan by Thrivent Financial for Lutherans to obtain deposit insurance and merge its

Riverview Bancorp in Vancouver, Wash., will soon have a new CEO. The $1.5 billion-asset company said in a press release

Community Partners Savings Bank in Salem, Ill., has agreed to buy Guardian Savings Bank in Granite City, Ill. The $249

Momnt, an Atlanta fintech that specializes in real-time lending and payment solutions, has a new CEO. The fintech said in

The Federal Deposit Insurance Corp. approved a proposal that adjusts how banks submit resolution plans. The FDIC created two tiers

Citigroup has invested in commercial lending platform Numerated. Citi will also engage Numerated to provide a financial spreading solution for

That didn’t last long. Apple announced that it is abandoning Apple Pay Later roughly a year after introducing the program.

Unit is laying off 15% of its staff. Itai Damti, the embedded finance fintech’s co-founder and CEO, announced the cuts

MC Bancshares in Morgan City, La., and Heritage NOLA Bancorp in Covington, La., have called off their planned merger. The

ABCT Holdings in Woodway, Texas, raised $3.1 million through a private placement. The parent company of the $954 million-asset Alliance

An eleventh-hour offer by an unnamed bank failed to sway the board of Oakwood Bancshares in Oakwood, Texas, from agreeing

VersaBank in Ontario, Canada, received approval from the Office of the Comptroller of the Currency to buy Stearns Bank Holdingford

Evolve Bancorp in West Memphis, Ark., which is embroiled in legal wrangling tied to the bankruptcy of Banking-as-a-Service middleware firm

First Interstate BancSystem in Billings, Mont., has begun a search for its next CEO. The $30 billion-asset company said in

AmeriServ Financial in Johnstown, Pa., has reached a truce in a longstanding battle with an activist investor.   The $1.4

Monroe Federal Savings and Loan Association in Kipp City, Ohio, is planning to convert to a stock-owned company. The $155

Blue Ridge Bankshares in Charlottesville, Va., is bringing in a little more capital after selling shares to a long-time investor.

InScope, an automated financial reporting fintech, has raised $4.3 million in a seed capital round. The round was led by

First Hope Bank in Hope, N.J., has a new CEO. The $629 million-asset bank said in a press release that

Dallas Capital Bank has a new president. The $1.1 billion-asset bank said in a press release that Jason Matthews, its

The Bank of New Glarus in Wisconsin has acquired First National Bank at Darlington in Wisconsin. The $492 million-asset Bank

Bank of New York Mellon is embracing a shorter brand name. The $435 billion-asset company plans to rebrand as BNY,

Provident Financial Services in Iselin, N.J., will close nearly 15% of its branches following its purchase of Lakeland Bancorp in

The proposed Four States Bank in Carthage, Mo., has received conditional regulatory approval. Jeffrey Williams, the proposed bank’s president and