FinWise Bancorp in Murray, Utah, has a new bank president. The $402 million-asset company said in a regulatory filing that James Noone had accepted the post at FinWise Bank. He will remain the bank’s chief strategy officer and chief credit officer. Noone succeeded Kent Landvatter, who remains the company’s president and CEO and the bank’s CEO. FinWise said it will pay Noone an annual base salary of $450,000.

BM Technologies in Radnor, Pa., has hired an experienced banker to serve as co-CEO.   The parent company of BankMobile said in a press release that Raj Singh will share responsibilities with Luvleen Sidhu, who has been CEO. BM Technologies said that Singh, who is on its board, most recently served as vice chairman of investment banking at Raymond James.   Over his career, Singh managed more than 150 investment

First Citizens BancShares in Raleigh, N.C., has entered into a purchase and assumption agreement to buy deposits and loans tied to Silicon Valley Bridge Bank from the Federal Deposit Insurance Corp. The FDIC said in a press release that the bridge bank’s 17 branches will open as First–Citizens Bank & Trust locations today. All deposits assumed by First Citizens will continue to be insured by the FDIC up to the

Vizo Financial Corporate Credit Union in Greensboro, N.C., has lined up its next CEO. The $6 billion-asset credit union said in a press release that Fred Eisel will also succeed David Brehmer as president on Jan. 5, 2024. Eisel is Vizo’s chief investment officer. He had been a member of the credit union’s executive team for more than 20 years. Brehmer, who is retiring, has been Vizo’s CEO since 2021.

The Independent Community Bankers of America’s first fintech accelerator of 2023 will focus on retaining and attracting deposits – a timely endeavor given the recent fluidity of accounts. The ICBA’s ThinkTECH Accelerator, which will run from April 24 to June 30, will also look at real-time and instance payments ahead of the July launch of the Federal Reserve’s FedNow Service. The accelerator said in an announcement that it has “repeatedly”

Organizers of Nova Bank in Huntsville, Ala., have received conditional approval from the Federal Deposit Insurance Corp. The FDIC signed off on plans for the de novo bank on Tuesday, provided the founders can raise $21.7 million of initial capital. Organizers originally applied with the FDIC in mid-2021 but withdrew the application in April 2022. They resubmitted their application last August after “strengthening” the proposed bank’s management team. Marc Minish,

Lone Star Bank in Houston considered offers from two other suitors – a bank and an investment group – before deciding to have serious discussions with First Guaranty Bancshares in Hammond, La. The $3.2 billion-asset First Guaranty agreed in January to buy the $160.8 million-asset Lone Star. Lone Star’s board began to evaluate the rationale for selling in late 2021, hiring an investment bank and legal counsel in early February

First Carolina Bank in Raleigh has a new deposits partnership with BM Technologies in Radnor, Pa.   The $2.2 billion-asset First Carolina said in a press release that it will be the exclusive provider of deposit accounts for BankMobile’s higher education program. First Carolina, which is exempt from interchange caps under the Durbin Amendment, should add $525 million of deposits once it onboards BankMobile’s customers.   The BankMobile program primarily