Tim Mayopoulos, former president and CEO of Fannie Mae, was named CEO of the bridge bank tied to Friday's failure

Several banks have issued statements showing their overall financial health and sources of liquidity in the wake of two high-profile

SVB Financial in Santa Clara, Calif., is exploring strategic options for its businesses that were not seized by regulators on

What a topsy-turvy week. In a matter of days, Silvergate shut down its crypto exchange network, then announced it would liquidate

HSBC Holdings has bought Silicon Valley Bank UK for just over a dollar. HSBC said in a press release that

First Republic Bank in San Francisco said it has improved it financial position with help from the Federal Reserve and

Regulators shut down Signature Bank in New York while vowing to make all depositors of the New York bank and

LendingClub in San Francisco is among the companies that have disclosed having deposit accounts at Silicon Valley Bank at the

Regulators have taken over Silicon Valley Bank in Santa Clara, Calif., marking the second-largest bank failure behind Washington Mutual in

Republic First Bancorp in Philadelphia plans to raise $125 million in capital. The $5.6 billion-asset company said in a press

East Texas Bankshares of Livingston plans to merge its two banks. The company said it will merge the $311 million-asset

Derek Williams did not plan on a banking career. After graduating from college in 1984, he considered corporate finance. A

SVB Financial in Santa Clara, Calif., saw its shares tumble after disclosing plans to raise capital after selling a large

Julie L. Williams, who twice served as Acting Comptroller of the Currency, has joined the board of Anchorage Digital Bank

Silvergate Capital in La Jolla, Calif., plans to wind down operations and voluntarily liquidate its bank. The $11.4 billion-asset company

Newtek Business Services in Boca Raton, Fla., which recently bought a bank, has filed to raise up to $500 million

Saint Louis Bancshares in St. Louis, Mo., has raised $27 million in capital. The parent of the $824 million-asset St.

Fifth Third Bancorp in Cincinnati has agreed to buy Big Data Healthcare, a healthcare payments company. The $207 billion-asset Fifth

The CEO of Lake Shore Bancorp will retire just weeks after the Dunkirk, N.Y., company’s bank was classified as being

Fifth Third Bancorp in Cincinnati will shrink the size of its board after the retirement of its executive chairman. The

Silvergate Capital in La Jolla, Calif., has shut down its cryptocurrency payments network after months of implosions by digital assets

SouthState in Winter Haven, Fla., will eliminate the position of executive chairman, separating employment with former CEO Robert Hill Jr.

Signature Bank in New York has run off about $1.5 billion of crypto-related deposits so far this quarter. The $110.4

Webster Financial in Stamford, Conn., will delay filing its annual report after identifying a potential material weakness. The $71.3 billion-asset

Longview Community Bank in Mount Pulaski, Ill., has agreed to buy Bank of Chestnut in Chestnut, Ill. The $68.3 million-asset

First Fidelity Bank in Oklahoma City has started offering a Banking-as-a-Service product. The $2.7 billion-asset First Fidelity said in a

Buy Now, Pay Later borrowers are more likely to show signs of financial distress compared to non-users, according to a

Add another regional bank to the list of financial institutions doing away with overdraft fees for consumer accounts. Wintrust Financial

Avidia Bank in Hudson, Mass., will soon have a new president and CEO.   The $2.5 billion-asset bank said in

Silvergate Capital in La Jolla, Calif., warned that recent securities sales will negatively affect its regulatory capital levels and could

U.S. Bancorp in Minneapolis has invested in Ownera, a fintech that works with tokenized assets. Ownera said in a press

MVB Financial in Fairmont, W.Va., has sold an advisory practice it bought three years earlier. The $3.1 billion-asset company said

Washington Federal in Seattle saw an opportunity with a bank that a number of other banks had no interest in

Thread Bancorp in Brentwood, Tenn., has hired a banker from Live Oak Bank to oversee its fintech relationships. The $417

TD Bank in Toronto and First Horizon in Memphis, Tenn., are skeptical that they can complete their merger by the

Archway, a platform that was spun off from Washington Federal in Seattle, has raised $15 million of Series A funding.

Park National in Newark, Ohio, has agreed to pay $9 million to settle redlining claims. The Justice Department said in

S&T Bancorp in Indiana, Pa., will eliminate all nonsufficient funds (NSF) fees for consumer and business deposit accounts. The $9.1

An investor group led by one of Martin Luther King’s children and a former Trump Administration official has agreed to

U.S. Bancorp said the Consumer Financial Protection Bureau is considering "a potential enforcement action" tied to the Minneapolis company’s handling

Apex Bank in Camden, Tenn., plans to move its corporate headquarters to West Knoxville. The $1.1 billion-asset bank has a

Unity National Bank of Houston has received a $50 million investment from Baker Hughes, an energy technology company. Baker Hughes

Two executives at Metallicus, a San Francisco fintech, has applied to form a bank holding company and buy State Bank

TD Bank in Toronto; Independent Bank Group in McKinney, Texas; and HSBC Holdings are the latest banks to settle longstanding

Synergy Bancshares in Houma, La., has agreed to buy Peoples Bancshares of Pointe Coupee Parish in New Roads, La. The

HarborOne Bancorp in Brockton, Mass., has changed its bank’s charter after getting too big to use a benefit of being

The Credit Union Executives Society (CUES) in Madison, Wis., has hired a search firm to help it find a successor

The Federal Reserve Board has rejected a request by Custodia Bank to reconsider last month’s decision to deny the Cheyenne,

Citizens Trust Bank in Atlanta will hold about $65 million of USD Coin (USDC) cash reserves for Circle Internet Financial

Federal bank regulators are warning banks to be diligent about potential runs associated with crypto-related deposits. The Federal Reserve, Federal

A potential battle is brewing at First Foundation after the Dallas company invalidated an attempt by an activist investor to

Byline Bancorp in Chicago briefly walked away from talks to buy Inland Bancorp in Oak Brook, Ill. The $7.4 billion-asset

Dietrich Bank in Effingham, Ill., will soon have a new CEO. The $1.2 billion-asset bank said in a press release

Main Street Financial Services in Wheeling, W.Va., has agreed to buy Wayne Savings Bancshares in Wooster, Ohio. The $604.3 million-asset

First Citizens BancShares in Raleigh, N.C., has rebranded its vendor equipment finance unit. The $109.3 billion-asset company said in a

LINKBANCORP in Camp Hill, Pa., has agreed to buy Partners Bancorp in Salisbury, Md. The $1.2 billion-asset LINK agreed to

At least 136 banks insured by the Federal Deposit Insurance Corp. had ongoing or planned crypto-related activities in January. Many

Brunswick Bancorp in New Brunswick, N.J., considered six offers before agreeing to negotiate exclusively with Mid Penn Bancorp in Harrisburg,

Provident Bancorp in Amesbury, Mass., has locked down its top leadership. The $1.6 billion-asset company said in a press release

Buckeye State Bancshares in Powell, Ohio, has agreed to buy Rockhold Bancshares in Bainbridge, Ohio. The parent of the $320

Washington Business Bank in Olympia no longer plans to sell itself to an individual investor.   The $97.5 million-asset bank

PacWest Bancorp in Los Angeles plans to lay off 200 employees at a unit that lends to real estate investors.

Woodland Bank in Deer River, Minn., has a new president. The $138 million-asset bank named Kurt Werner to the post,

Huntington Bancshares in Columbus, Ohio, plans to streamline its consumer operations into a single segment. The $183 billion-asset company will

Ohio Valley Banc Corp. in Gallipolis plans to close its online consumer mortgage company. The $1.2 billion-asset company disclosed in

The Bankers Helping Bankers Fund, a fintech-focused venture capital fund, has completed its first fundraising round. The BHB Fund, managed

Fifth Third Bancorp in Cincinnati is planning to merge Provide, a heath care focused fintech, into its bank. The $207

A group in Grandview Heights, Ohio, is planning a women-owned bank. Organizers have applied with the Federal Deposit Insurance Corp.

Clarion County Community Bank in Clarion, Pa., is planning a new division to focus on expansion in Erie, Pa. The

Creighton Federal Credit Union in Omaha, Neb., is slowly getting back to normal following a series of fraudulent online debit

FB Financial in Nashville, Tenn., has invested in a fintech that focuses on manufactured home loans. The $12.8 billion-asset company

A former president of First Security Bank-West in Beulah, N.D., has been sentenced to two years in federal prison after

Customers Bancorp in Malvern, Pa., has formed a new loan syndications banking team, marking an expansion in middle-market lending. The

Joe DePaolo, founding CEO of Signature Bank, plans to gradually step back from the New York bank. The $110 billion-asset

Truist Financial in Charlotte, N.C., has agreed to sell a 20% stake in its insurance unit for nearly $2 billion

Lake Shore Bancorp in Dunkirk, N.Y. has suspended its quarterly dividend after its bank was classified as being in a

  TD Bank in Toronto has pledged $50 billion to underserved communities as part of a community benefits plan tied

Comun, a challenger bank that will focus on the Latino community, has raised $4.5 million in seed funding. The neobank

Hiring challenges spurred Salisbury Bancorp in Lakeville, Conn., to start looking for a buyer last fall. The $1.5 billion-asset company

Lael Brainard will resign from the Federal Reserve after being appointed the new director of President Biden’s National Economic Council.

Citizens Alliance Bank in Clara City, Minn., has agreed to buy Granite Mountain Bank in Butte, Mont. The $1.2 billion-based

Trico Bancshares in Chico, Calif., is dealing with a cybersecurity incident. The $9.9 billion-asset company disclosed in a regulatory filing

United Community Banks in Greenville, S.C., has agreed to buy First Miami Bancorp in South Miami, Fla.   The $24

Northpointe Bank in Grand Rapids, Mich., is exiting the correspondent lending business. The $4.4 billion-asset bank plans to focus more

TD Bank Group in Toronto and First Horizon in Memphis, Tenn., have extended the deadline date for their planned merger.

Ashton Ryan, former CEO of First NBC Bank, has been found guilty of bank fraud charges that contributed to the

Northwest Bank in Columbus, Ohio, has formed a commercial finance group. The $14 billion-asset bank said in a press release

Affirm Holdings in San Francisco has reduced its reliance on Cross River Bank in Teaneck, N.J., to originate loans. The

Wells Fargo agreed to pay $300 million to settle a class-action lawsuit that claimed the San Francisco company did not

SVB Financial Group in Santa Clara, Calif., has promoted several executives to lead key verticals. The $213 billion-asset company said

Adelphi Bank, a black-owned de novo in Columbus, Ohio, is poised to become the first bank to open in 2023.

The Federal Deposit Insurance Corp. lowered the Community Reinvestment Act (CRA) rating for Transportation Alliance Bank, reflecting an issue with

Country Agencies & Investments, a bank holding company in Odessa, Mo., has merged the three banks it owns. The BHC

Fidelity Bank in Wichita, Kan., plans to sell two branches in Oklahoma to WeStreet Federal Credit Union in Tulsa, Okla.

CF Bankshares in Columbus, Ohio, plans to add several new commercial products in coming months. The $1.8 billion-asset company said

Republic First Bancorp in Philadelphia has parted ways with its bank president. The $5.6 billion-asset company disclosed in a regulatory

BayFirst Financial in St. Petersburg, Fla., will have a new CEO in 2024. The $939 million-asset company said in a

Clackamas Federal Credit Union in Oak Grove, Ore., has rebranded as Embold Credit Union. The $612 million-asset credit union said

Comerica in Dallas has formed a national investment banking group within its Comerica Securities unit. The $85 billion-asset company said

Upstart Holdings in San Mateo, Calif., is the latest fintech to lay off a large percentage of its workforce. The

First Bank of Baldwin in Wisconsin has rebranded as Pillar Bank. The $244 million-asset bank made the announcement on its

The Federal Deposit Insurance Corp. has given conditional approval for organizers to form Icon Business Bank in Riverside, Calif. The

Community Bank System in Syracuse, N.Y., has repositioned its securities portfolio.   The $15.8 billion-asset company said in a press

Timberland Bancorp in Hoquiam, Wash., has a new CEO. The $1.8 billion-asset company disclosed in a regulatory filing that Dean

LevelField Financial, a Houston fintech that focuses on digital assets, has agreed to buy Burling Bank in Chicago. LevelField did

First Savings Financial Group in Jeffersonville, Ind., plans to restate its earnings to address several accounting matters. The $2.1 billion-asset

The Consumer Financial Protection Bureau plans to cap credit card late fees at $8 as part of a series of

First Waterloo Bancshares in Waterloo, Ill., has raised nearly $8.5 million through a private placement. The $823 million-asset company raised

Provident Bancorp in Amesbury, Mass., returned to profitability and slashed its exposure to the cryptocurrency industry during the fourth quarter.

New York Community Bancorp in Hicksville plans to close all of its out-of-market mortgage offices. The $90.1 billion-asset company, which

Heartland Financial USA has officially moved its corporate headquarters from Dubuque, Iowa, to Denver. The $20.2 billion-asset company said in

PacWest Bancorp in Los Angeles is making a flurry of changes as it transitions to new CEO Paul Taylor. The

Northwest Community Bank in Winsted, Conn., will have a new CEO this fall. The $1.1 billion-asset bank said in a

Vista Bancshares in Dallas has agreed to buy Charis Holdings in Justin, Texas. The $1.6 billion-asset Vista said in a

Century Savings Bank in Vineland, N.J., has a new CEO. The $600 million-asset bank said in a press release that

BM Technologies in Radnor, Pa., which tried unsuccessfully to buy a bank last year, plans to lay off about 25%

Wintrust Financial in Rosemont, Ill., is preparing for a new CEO.   The $53 billion-asset company said in a press

Foro, a fintech that aims to pair business owners with commercial lenders, has launched after receiving financial backing from a

Ken Guenther, who served as president and CEO of the Independent Community Bankers of America for more than 20 years,

The Federal Reserve has denied an application by Custodia Bank in Cheyenne, Wyo., to become a member of the Federal

Atlantic Union Bankshares in Richmond, Va., has hired the former chief technology officer at PNC Financial Services Group to fill

Silvergate Capital in La Jolla, Calif., is preserving capital by suspending dividends on a series of preferred stock. The $11.4

Primis Financial in McLean, Va., expects its bulked-up mortgage business to break even in the first quarter. The $3.6 billion-asset

Brent Beardall is set to return to Washington Federal in Seattle just weeks after surviving a plane crash in Utah.

Bank of South Carolina in Charleston has finalized its CEO succession. The $653 million-asset company said in a press release

First Internet Bancorp in Fishers, Ind., plans to exit the consumer mortgage business. The $4.3 billion-asset company said in a

PBCO Financial in Medford, Ore., will have a new CEO this summer. The $800 million-asset parent of People’s Bank of

Signature Bank of Arkansas in Fayetteville has promoted an insider to oversee its mortgage operations. The $935 million-asset unit of

Cullen/Frost Bankers in San Antonio, Texas, is moving forward with a return to mortgage lending. The $52.3 billion-asset company said

The Independent Community Bankers of America has hired a director for its ThinkTECH Accelerator. The banking association said in a

ChoiceOne Financial Services in Sparta, Mich., plans to launch an enhanced treasury services online platform this year. The $2.4 billion-asset

A well-known activist investor plans to nominate a director candidate to stand for election at the upcoming annual meeting of

First Internet Bancorp in Fishers, Ind., has made progress with several fintech clients as it ramps up its Banking-as-a-Service platform.

A legal tussle will prevent Republic First Bancorp in Philadelphia from holding director elections at tomorrow’s annual meeting. The $5.6

Spring Bank in Brookfield, Wis., has a new president. The $375 million-asset bank said in a press release that Heather

Salisbury Bancorp in Lakeville, Conn., is looking to retrieve funds that were erroneously sent to a trust client. The $1.5

Popular in San Juan, Puerto Rico, plans to spend $50 million this year on technology initiatives. The $70.7 billion-asset company

Merchants Bancorp. in Hillsboro, Ohio, will combine the roles of president and CEO. The $1.2 billion-asset company said in a

Premier Financial in Defiance, Ohio, has acquired an insurance agency. The $8.5 billion-asset company said in a press release that

First Busey in Champaign, Ill., disclosed that it has a new leader for its payments unit. The $12.3 billion-asset company

Coastal Financial in Everett, Wash., has hired an outsider to oversee tech initiatives. The $3.1 billion-asset company said in a

The Federal Reserve has fined Popular Bank $2.3 million for deficiencies processing six Paycheck Protection Program loans. The Fed said

The White House official who oversaw the Paycheck Protection Program has been hired to serve as the first CEO of

North Shore Bank in Brookfield, Wis., has a new CEO with a familiar name. The $2.6 billion-asset bank said in

Northwest Bancshares in Columbus, Ohio, plans to close eight branches and lay off 12% of its staff. The $14.1 billion-asset

Citizens Holding in Philadelphia, Miss., has lined up its next bank CEO. The $1.4 billion-asset company said in a press

Bank of Marin Bancorp in Novato, Calif., plans to close four branches. The $4.1 billion-asset company said in a press

Carver Bancorp in New York has been freed from an enforcement action. The $756 million-asset company disclosed in a press

Triumph Financial in Dallas has added a banking veteran to its board. The $5.6 billion-asset company said in a press

NBKC Bank in Kansas City, Mo., has agreed to become the Banking-as-a-Service (BaaS) provider to Acorns, a fintech that helps

Silvergate Capital in La Jolla, Calif., said its relationship with Genesis Global Holdco was limited to deposits. The $11.4 billion-asset

A new fintech plans to offer speedy loan approvals and one-click loan activation for credit union members after raising $5

CapStar Financial Holdings in Nashville, Tenn., has a new leader for its Small Business Administration lending division.   The $3.1

First Central Credit Union in Waco, Texas, has agreed to buy a branch from Citizens State Bank in Woodville, Texas.

Metropolitan Bank Holding in New York is hopeful it can resolve an investigation by bank regulators tied to a former

BV Financial in Baltimore is planning to become a fully stock-owned company. BV Financial said in a press release that

Oregon Pacific Bank in Florence repositioned its securities portfolio during the fourth quarter. The $754 million-asset bank said in a

Farmington State Bank in Farmington, Wash., is the latest bank to announce plans to get out of the crypto business.

First Community Bankshares in Bluefield, Va., found itself negotiating one-on-one with Surrey Bancorp in Mount Airy, N.C., after another potential

Old National Bancorp in Evansville, Ind., unveiled a new wealth management brand that combines a number of its wealth advisory

AmeriServ Financial in Johnstown, Pa., has responded to Driver Management, stating that its board tried to work with the activist

Florence Bank in Florence, Mass., has a new CEO. Matt Garrity was also named president of the $1.9 billion-asset bank,

Parke Bancorp in Washington Township, N.J., is missing a "significant" amount of cash that was held by a third party

Horizon Bancorp in Michigan City, Ind., has its next CEO lined up. The $7.7 billion-asset company said in a press

Encore Bancshares in Little Rock, Ark., has added a former banker with ties to one of its investors to its

Bank of Clarke County in Berryville, Va., has shortened its name. The $1.5 billion-asset bank said in a press release

Bank of Montreal has received approval from the Federal Reserve and the Office of the Comptroller of the Currency to

Silvergate Capital in La Jolla, Calif., which lost $1 billion in the fourth quarter amid "a crisis of confidence" in

Newtek Business Services in Boca Raton, Fla., has selected one of its own to become president of its newly acquired

A well-known activist investor has set its sights on two banks. Driver Management in New York intends to nominate directors

LendingClub in San Francisco plans to lay off 225 employees to offset reduced marketplace revenue tied to rising interest rates.

The House Financial Services Committee has formed a new subcommittee to focus on digital assets and fintech. Rep. French Hill

City National Bank in Los Angeles has agreed to commit more than $31 million to increase lending to Black and

The management team at Prosperity Bancshares in Houston had a busy summer. The $37.8 billion-asset company’s executives juggled negotiations and

Centier Bank in Merrillville, Ind., latest promotion continues a longstanding practice at the family-owned bank. The $6.3 billion-asset bank said

Forbright Bank in Potomac, Md., has hired a veteran banker to oversee the creation of a digital bank. The $6.4

Wells Fargo in San Francisco plans to exit correspondent lending and reduce the size of its servicing portfolio. The $1.9

Sturdy Savings Bank in Stone Harbor, NJ, has a new CEO. The $1.3 billion-asset bank said in a press release

Old Mission Bank in Sault Sainte Marie, Mich., has agreed to be sold to 4Front Credit Union in Traverse City,

Heritage Financial in Olympia, Wash., has entered the Boise, Idaho, market after hiring a lending team. The $7.2 billion-asset company

The CEO of Integrated Financial Holdings in Raleigh, N.C., has died in a plane crash in southern Virginia. Eric John

Citizens Bank of Philadelphia in Mississippi said that its CEO is retiring. The $1.4 billion-asset unit of Citizens Holding said

Columbia Banking System in Tacoma, Wash., and Umpqua Holdings in Portland, Ore., expect to complete their merger in February after

Bancorp 34 in Scottsdale, Ariz., has raised $14 million through a private placement of common and preferred stock. The $572

First of Long Island in Melville, N.Y., plans to appoint a well-known activist investor to its board. The $4.3 billion-asset

Nuvei, a payment technology firm in Montreal, has agreed to buy Paya Holdings, an integrated payments platform based in Atlanta.

Legacy Bank and Trust in Mountain Grove, Mo., has formed a mortgage unit. Legacy Capital Mortgage is “a HUD-approved multifamily

Western Alliance Bancorp. in Phoenix plans to open a technology hub in Westerville, Ohio. The $69 billion-asset company said in

Metropolitan Bank Holding in New York plans to fully exit the crypto-asset business. The $6.4 billion-asset company said in a

First Guaranty Bancshares in Hammond, La., has agreed to buy Lone Star Bank in Houston. The $3.1 billion-asset First Guaranty

Mark Vitner, retired chief economist for Wells Fargo, has created his own business. Vitner announced on his LinkedIn page that

Independent Bank in Rockland, Mass., has selected its next CEO. The $20 billion-asset company said in a press release that

Hope Bancorp in Los Angeles is bringing back one of its retired executives on an interim basis. The $19.1 billion-asset

Parkway Acquisition in Independence, Va., has changed its name to match its bank brand. The parent of the $1 billion-asset

HNB Bancorp in Hannibal, Mo., has agreed to buy Northeast Missouri Bancshares in Louisiana, Mo. The parent of the $649.9

Encore Bancshares in Little Rock, Ark., has added a Florida banker to its bank’s board. The company said in a

Mid Minnesota Federal Credit Union in Baxter, Minn., has hired a banking veteran as its president and CEO. The $661

First Business Financial Services in Madison, Wis., has a new president. The $2.9 billion-asset company said in a press release

Richard Hunt is finding ways to stay busy after retiring as CEO of the Consumer Bankers Association. Hunt announced on

Pacific West Bank in West Linn, Ore., has formed a holding company. The $291.3 billion-asset bank said in a press

Securrency, a cryptocurrency infrastructure startup, has hired the head of State Street Digital as its CEO. Nadine Chakar will take

CIB Marine Bancshares in Champaign, Ill., plans to expand its mortgage lending operations into six states   The parent of

Community bankers said cybersecurity and credit risk are their biggest challenges in 2023. About 85% of the more than 100

Carver State Bank in Savannah, Ga., didn’t have to look to far to find its next leader. Robert James Sr.

FirstPerryton Bancorp in Perryton, Texas, has raised $37.3 million through a private placement of common stock. The parent of the

Silvergate Capital in La Jolla, Calif., said it will cut 40% of its workforce and table plans for a blockchain-based

Fulton Financial in Lancaster, Pa., has promoted an insider to serve as president of its private bank. The $26 billion-asset

First Financial Bancorp in Cincinnati has acquired financial advisory firm Brady Ware Capital. The $16.6 billion-asset company said in a

First State Bank and Trust in Tonganoxie, Kan., has a new president and CEO. The $437 million-asset bank named Jilinda

Regent Bank in Tulsa, Okla., has hired a veteran tech executive to oversee a push into venture banking. The $1.1 billion-asset

Renasant in Tupelo, Miss., has acquired commercial finance company Republic Business Credit. The $16.5 billion-asset company said in a press

Brent Beardall, president and CEO of Washington Federal in Seattle, is in stable condition after a private plane he was

A state bank regulator has been appointed to oversee fintech developments for the National Credit Union Administration. The NCUA said

An investor group is looking to form a holding company to buy First National Bank of Brookfield in Illinois. Brookfield

Banks dealing with digital assets must be mindful of potential fraud, legal uncertainties, volatility and inaccurate or misleading disclosures, federal

Blue Ridge Bankshares in Charlottesville, Va., which was ordered last year to improve its oversight of fintech partnerships, has hired

First Merchants in Muncie, Ind., has been freed from a 2019 order from the Department of Justice tied to its

Trustmark in Jackson, Miss., will recognize a $100 million litigation settlement expense in the fourth quarter after settling longstanding litigation

Several high-profile acquisitions were scuttled last year for a variety of reasons. Overall, 167 bank deals were announced in 2022,

Citizens Bank of Weston in West Virginia said that its president and CEO will retire. Charles Stalnaker has been in

Bank consolidation in 2022 fell well short of the prior year’s level. There were 167 bank acquisitions announced through Dec.

Penn East Federal Credit Union in Scranton, Pa., is looking for a new president and CEO. The $258.4 million-asset credit

Lake Shore Bancorp in Dunkirk, N.Y., has terminated a pair of change-in-control agreements to comply with a recent formal agreement

Several credit unions have named new CEOs heading into 2023. The $628 million-asset Dover Federal Credit Union in Dover, Del.,

Juniata Valley Financial in Mifflintown, Pa., has agreed to buy a branch from Orrstown Financial in Shippensburg, Pa. The $815

A shareholder group has updated an offer to significantly increase its investment in Republic First Bancorp in Philadelphia. A group

The CEO of Citizens National Bank at Brownwood in Texas is retiring. John Guest will step down on Dec. 31,

Richmond Mutual Bancorp. in Richmond, Ind., will soon have a new bank president. The $1.3 billion-asset company disclosed in a

Currency Bank in Baton Rouge, La., has raised more capital. The $124 million-asset bank said in a press release that

State Bankshares in Fargo, N.D., raised roughly $37.3 million in capital. The parent of the $11.7 billion-asset Bell Bank brought

De novo activity, while far off levels seen before the 2008 financial crisis, had notable momentum in 2022. Fifteen new

Organizers of the proposed New Canaan Bank in Connecticut have given up on an effort to create the de novo.

BM Technologies and First Sound Bank in Seattle have terminated their plans to merge. BM Technologies, a fintech spun off

Provident Bancorp in Amesbury, Mass., said its CEO has stepped down just weeks after it projected a large quarterly loss

Land of Lincoln Credit Union in Decatur, Ill., has agreed to buy Colchester State Bank in Colchester, Ill. The $378

Lake Shore Bancorp in Orchard Park, N.Y., is in the market for a new president and CEO. The $700 million-asset

Hulett Bancorp in Hulett, Wyo., which sold a stake in itself to Nexo earlier this year, raised another $400,000 through

Figure Acquisition Corp. I, a SPAC that was in talks to buy a bank, plans to cease operations after the

Republic First Bancorp in Philadelphia has a new CEO. The $5.7 billion-asset company said in a press release that Tom

The Combs family has agreed to buy Stone Bancshares in Mountain View, Ark. The family will pay an undisclosed amount

Steven Bradshaw, who retired as BOK Financial’s CEO earlier this year, will retire from the Tulsa, Okla., company’s board at

Mid Penn Bancorp in Harrisburg, Pa., has agreed to buy Brunswick Bancorp in New Brunswick, N.J. The $4.3 billion-asset Mid

Alabama One Credit Union in Tuscaloosa has agreed to buy First Bank in Wadley, Ala. The $956.8 million-asset credit union

VWF Bancorp in Van Wert, Ohio, will soon have a new CEO. The $145.8 million-asset company disclosed in a regulatory

Wells Fargo in San Francisco entered into a new consent order and agreed to pay more than $3.7 billion to

Kevin Tylus, who was CEO of Royal Bancshares of Pennsylvania when it was sold to Bryn Mawr Bank, has died.

Simmons First National in Pine Bluff, Ark., will start 2023 with a new CEO. The $27.1 billion-asset company said in

Banc of California in Santa Ana will soon have a new bank president as part of a series of executive

Sandy Spring Bancorp in Olney, Md., is the latest bank to eliminate nonsufficient funds (NSF) fees for personal accounts. The

Genesis Bank in Newport Beach, Calif., is making a bigger push into banking homeowners associations. The $125 million-asset bank said

Several banks are combining the roles of chairman and CEO heading in 2023. Sandy Spring Bancorp in Olney, Md.; Burke

Patrick Sells has left NYDIG to co-found a company that will help financial institutions with digital upgrades and vetting fintech

Binance.US in Palo Alto, Calif., has agreed to buy Voyager Digital’s assets for about $1 billion. Voyager, which has been

Calvin B. Taylor Bankshares in Berlin, Md., has a new chairman. The company said in a press release that Tom

ACNB in Gettysburg, Pa., is applying its brand to its operations in Maryland. The $2.7 billion-asset company said in a

M&T Bank in Buffalo has agreed to sell the collective investment trust business of one of its subsidiaries to Madison

Traditions First Bank in Clarksville, Tenn., will soon have a new president. The $235 million-asset bank said in a press

Pinwheel, a fintech that aggregates real-time income and employment data, has added a former Consumer Financial Protection Bureau official to

LGE Community Credit Union in Atlanta has agreed to buy Greater Community Bank in Rome, Ga. The $2 billion-asset LGE

Synovus Financial in Columbus, Ga., will have a new chairman next year. The $59 billion-asset company said in a press

Washington Trust Bancorp in Westerly, R.I., will have a new president in 2023. The $6.4 billion-asset company said in a

Empower Federal Credit Union in Syracuse, N.Y., has hired a former banker as its CEO. The $3 billion-asset credit union

Lynn Fuller has resigned from the board of Heartland Financial USA as part of an agreement between the Dubuque, Iowa,

Shore Bancshares in Easton, Md., has agreed to buy Community Financial in Waldorf, Md. The $3.4 billion-asset Shore said in

Daryl Bible didn’t stay retired very long. M&T Bank in Buffalo, N.Y., said in a press release that Bible will

Alex Sanchez plans to retire as president and CEO of the Florida Bankers Association. Sanchez plans to step down in

U.S. Bancorp in Minneapolis has hired a former JPMorgan Chase executive to oversee its branch network. The $601 billion-asset company

First Bank in Hamilton, N.J., has agreed to buy Malvern Bancorp in Paoli, Pa. The $2.6 billion-asset First Bank said

FNCB Bancorp in Dumore, Pa., has acquired a 4.9% stake in Quaint Oak Bancorp in Southampton, Pa. The $707 million-asset

Evermore Bank is ready to open in Fort Lauderdale, Fla., after raising $25 million of initial capital. The proposed de

Dort Financial Credit Union in Grand Blanc, Mich., has agreed to buy Flagler Bank in West Palm Beach, Fla., from

Hometown Community Bancorp in Morton, Ill., has agreed to buy Marine Bancorp in Springfield, Ill. The parent of the $4.8

Enterprise Financial Services in St. Louis, Mo., has added three directors, including a former bank executive. The $13 billion-asset company

CNB Financial in Clearfield, Pa., plans to launch a banking division to focus on female entrepreneurs and business leaders. The

RBB Bancorp in Los Angeles has hired a former bank president to serve as its chief administrative officer. The $3.9

Summit Financial Group in Moorefield, W.Va., has agreed to buy PSB Holding in Preston, Md. The $3.9 billion-asset Summit said

Northeast Bank in Portland, Maine, could sell up to $50 million of common stock as part of an at-the-market offering.

A special purpose acquisition company affiliated with Figure Technologies said it has a nonbinding letter of intent to buy a

Western Alliance Bancorp. in Phoenix has added a former executive from Huntington Bancshares to its board. The $65 billion-asset company

Partners Bancorp in Salisbury, Md., which recently terminated an agreement to sell to OceanFirst Financial, has a new CEO. The

Kearny Financial in Fairfield, N.J., plans to reduce annual operating expenses by 5% to 10%. The $7.9 billion-asset company said

Northeast Bank in Portland, Maine, disclosed that it has lined up the purchase of nearly $1.2 billion of commercial real

Signature Bank in New York could reduce its digital assets deposits by more than $8 billion in the coming weeks.

Veridian Credit Union in Waterloo, Iowa, has agreed to buy American Investors Bank and Mortgage in Eden Prairie, Minn. The

A pair of Illinois banks recently raised capital through private placements of common stock. The $385 million-asset Merchants and Manufacturers

Palmetto Citizens Federal Credit Union in Columbia, S.C., has hired a former bank executive as its next CEO. The$1.3 billion-asset

Silvergate Capital in La Jolla, Calif., said it "conducted extensive due diligence” before agreeing to work with FTX and Alameda

Comerica in Dallas has opened its first offices in Georgia and South Carolina. The $84 billion-asset company said in a

Texas Regional Bank in Harlingen, Texas, has entered into insurance brokerage after buying an agency. The $2.5 billion-asset bank said

NBT Bancorp in Norwich, N.Y., has agreed to buy Salisbury Bancorp in Lakeville, Conn. The $11.6 billion-asset NBT said in

Grand River Commerce in Grandville, Mich., has formed a mortgage company. The $527 million-asset company said that Grand River Mortgage

SVB Financial Group in Santa Clara, Calif., has filled two key executive posts. The $212.9 billion-asset SVB said in a

Webster Financial in Stamford, Conn., has agreed to buy StoneCastle Insured Sweep from StoneCastle Partners. The $65 billion-asset Webster said

TD Bank Group and Bank of Montreal have pushed back the projected closing dates for their purchase of U.S. banks.

LendingClub in San Francisco has agreed to buy a roughly $1.1 billion portfolio of personal loans from the parent company

Triumph Bancorp in Dallas has rebranded as Triumph Financial. The $5.6 billion-asset company said in a press release that it

Newtek Business Services in Boca Raton, Fla., has secured approval from the Office of the Comptroller of the Currency to

Byline Bancorp in Chicago has agreed to buy Inland Bancorp in Oak Brook, Ill. The $7.3 billion-asset Byline said in

Greenwood, a challenger bank that is focused on Black and Latino customers, has raised $45 million in new capital. Greenwood

A former professional baseball player will join the board of Farmers National Banc Corp. in Canfield, Ohio. The $4.1 billion-asset

TowneBank in Suffolk, Va., announced that its president will retire at the end of this year. The $16.9 billion-asset bank

OceanFirst Financial in Red Bank, N.J., has boosted its stake in a specialty commercial equipment finance company. The $12.7 billion-asset

State Street in Boston and Brown Brothers Harriman have agreed to terminate a deal where State Street would have acquired

Central Bank of St. Louis will have a new president. The $2.3 billion-asset unit of Central Bancompany announced that Dan

Totem, a challenger bank in Tulsa, Okla., that plans to offer banking services to Native Americans, has raised $2.2 million

First Reliance Bancshares in Florence, S.C., said that its chief operating officer is leaving to become CEO of a nonbank

Integro Bank in Phoenix is now an approved lender for the Small Business Administration’s 7(a) program. The $26.6 million-asset de

Silvergate Capital in La Jolla, Calif., said its exposure to BlockFi, the latest crypto-focused company to seek bankruptcy protection, is

National Capital Bancorp in Washington, D.C., will soon have a new bank CEO. National Capital said in a press release

BMO Financial Group has reached a five-year, $40 billion agreement with community groups to facilitate its pending purchase of Bank

Safra New York Corp. has agreed to buy Delta North Bankcorp in New York. Safra, the parent of the $9.5

The Bank of Princeton in New Jersey has filed its application to acquire Noah Bank in Elkins Park, Pa. The

Citizens Commerce Bancshares in Versailles, Ky., waited to reap as much benefit as possible from deferred-tax assets before agreeing to

EOS developer block.one and its CEO have built a nearly 9.3% stake in Silvergate Capital in La Jolla, Calif. Block.one,

Several executive changes are planned at 1st Source in South Bend, Ind. The $8.1 billion-asset company said in a press

The Federal Deposit Insurance Corp. has terminated a consent order against the bank unit of Unity Bancorp in Clinton, N.J.

UMB Financial in Kansas City, Mo., has acquired the health savings account business of Old National Bancorp in Evansville, Ind.

HBT Financial in Bloomington, Ill., will soon have a new bank president.   The $4.2 billion-asset HBT said in a

Lakeland Bancorp in Oak Ridge, N.J., finalized an acquisition and negotiated the settlement of redlining claims by the Justice Department

PacWest Bancorp in Los Angeles followed through on its plan to name Paul Taylor as its next CEO. The $41

First Foundation has shuffled its management ranks for the second time in less than a month. The $12.3 billion-asset company

BM Technologies in Radnor, Pa., no longer expects to complete its pending purchase of First Sound Bank in 2022. The

Kennebec Savings Bank in Augusta, Maine, is planning to open its first branch in Portland, Maine. The $1.5 billion-asset bank

M&T Bank in Buffalo, N.Y., has formed a new group to focus on lending the real estate investment trusts and

Newtek Business Services in Boca Raton, Fla., has received approval from the Federal Reserve to become a bank holding company.

Legacy Bank & Trust in Mountain Grove, Mo., has agreed to buy Crain Mortgage in Dallas. Brett Magers, president of

The Federal Reserve has terminated a 12-year-old written agreement against Cecil Bancorp in Elkton, Md. The $242.5 million-asset Cecil had

Daylight, a challenger bank focused on the LGBTQ+ community, plans to offer a family planning subscription service after raising $15

First Community Bankshares in Bluefield, Va., has agreed to buy Surrey Bancorp in Mount Airy, N.C. The $3.6 billion-asset First

Visa will soon have a new CEO. The company said in a press release that Ryan McInerney, its president, will succeed

Commerce Bancshares in Kansas City, Mo., has agreed to buy municipal bond underwriter and adviser L.J. Hart & Co. The

Ergo Bank in Markesan, Wis., has agreed to buy Farmers & Merchants Bank of Kendall in Wisconsin. The $138 million-asset

First United in Oakland, Md., has acquired First Mortgage Services in Cumberland, Md. The $1.8 billion-asset First United said in

Northstar Bank in Bad Axe, Mich., has acquired Cypress Capital Wealth Management in Ann Arbor, Mich. The $901 million Northstar,

Citizens State Bank in Cadott, Wis., has agreed to buy Community Financial Bank in Prentice, Wis. The $169 million-asset Citizens

Santander Bank in Boston has started offering commercial equipment finance products to health care organizations. The $93.9 billion-asset company said

Climate First Bancorp in St. Petersburg, Fla., has acquired the climate and social justice platform developed by Ecountabl. The parent

A new group is looking to bring small and midsize banks together to work on technology projects. The Btech Consortium

Burke & Herbert Financial Services in Alexandria, Va., plans to list its shares on the Nasdaq. The $3.5 billion-asset company

Republic First Bancorp has rejected a petition by a large shareholder to nominate a candidate for the Philadelphia company’s board.

The Treasury Department is pushing federal bank regulators to complete guidance tied to how banks oversee risk associated with fintech

A group with ties to Ben Carson, former Secretary of Housing and Urban Development, has received regulatory approval to buy

Customers Bancorp in West Reading, Pa., is the latest crypto-focused banking company to address its ties to the industry. The

Provident Bancorp in Amesbury, Mass., is signaling that it will report a net loss for the third quarter that reflects

The Federal Reserve Bank of New York is planning to run a proof-of-concept pilot with several large banks for a

Ed Najarian, a veteran banking analyst, has ended an extended break to join EF Hutton. EF Hutton, a division of

Signature Bank in New York is the latest bank to clarify its ties to FTX, the cryptocurrency exchange that recently

California BanCorp in Oakland has created a specialty lending division. The parent of the $1.9 billion-asset California Bank of Commerce

Wintrust Financial in Rosemont, Ill., has agreed to buy two asset management businesses from Rothschild & Co North America. The

PL Capital, a well-known activist investor, is seeking regulatory permission to own up to 19.9% of the stock in Evans

Silvergate Capital in La Jolla, Calif., said it has no outstanding loans to FTX. The $15.5 billion-asset company also said

The White House plans to nominate Martin Gruenberg to serve as chairman of the Federal Deposit Insurance Corp. President Biden

Friendly Hills Bancorp in Whittier, Calif., plans to change the name of its bank. The $306 million-asset company said in

Hills Bancorp. in Hills, Iowa, has a new bank president. The $4 billion-asset company disclosed in a regulatory filing Monday

Washington Federal in Seattle has agreed to buy Luther Burbank in Santa Rosa, Calif.   The $20.8 billion-asset Washington Federal

U.S. Bancorp in Minneapolis said its technology and operations leader will retire. The $601 billion-asset company said in a press

PB Bankshares in Coatesville, Pa., has agreed to sell its corporate headquarters office. The $377 million-asset company disclosed in a

Silvergate Capital in La Jolla, Calif., highlighted its access to liquidity in light of volatility tied to digital assets. Binance

The president of First Foundation in Dallas has resigned. The $12.3 billion-asset company said in a press release Tuesday that

FV Bank in San Juan, P.R., has launched a digital asset custody and settlement service. The bank said in a

OceanFirst Financial in Red Bank, N.J., and Partners Bancorp in Salisbury, Md., have terminated their planned merger after being unable

Auburn National Bancorp. in Auburn, Ala., has lined up a new CEO. The $1 billion-asset company said in a press

Binance has agreed to buy cryptocurrency rival FTX. Binance CEO Changpeng Zhao tweeted on Tuesday that his company had signed

Orrstown Financial in Shippensburg, Pa., has revised its third-quarter earnings downward to reflect the settlement of a class-action lawsuit. The

Sterling Bancorp in Southfield, Mich., is dealing with a mortgage partner’s decision to shut down. The $2.5 billion-asset Sterling said

Silvergate Capital in La Jolla, Calif., has a new president. The $15.5 billion-asset company said in a press release that

Bank of Commerce in Ammon, Idaho, has a new president. The $.19 billion-asset bank tapped Mike Morrison to fill the

Columbia Banking System in Tacoma, Wash., will sell 10 branches in Washington, Oregon and northern California. The $20 billion-asset Columbia

New York Community Bancorp in Hicksville, N.Y., has received all the approvals needed to buy Flagstar Bancorp in Troy, Mich.

Builtwell Bank in Chattanooga, Tenn., has a new president. Mitch Sanford shared in a LinkedIn post that he had taken

Republic First Bancorp in Philadelphia finally has a date for its annual meeting. The $5.7 billion-asset company disclosed in a

Fifth Third Bancorp in Cincinnati has formed an independent registered investment adviser. The $206 billion-asset company said in a press

Integrated Financial Holdings in Raleigh, N.C., is close to resolving litigation that it must address before selling to MVB Financial

TIAA has agreed to sell TIAA Bank to a group of investors. The retirement company said in a press release

U.S. Bancorp in Minneapolis is the latest bank to face an investigation from the Consumer Financial Protection Bureau tied to

Wings Financial Credit Union in Apple Valley, Minn., has agreed to buy Settlers Bank in DeForest, Wis. The $8 billion-asset

Home Bancorp Wisconsin in Madison will pay a distribution to its shareholders as part of its planned dissolution. The former

Credit union associations in Kansas and Texas are set to merge on Dec. 31. The Cornerstone League and Heartland Credit

Three Minnesota credit unions have filed a lawsuit against the state’s banking regulator in an attempt to override the agency’s

Two credit unions bid to buy the banking unit of Citizens Bancshares, but tax considerations and potential challenges in securing

Signature Bank of Georgia in Sandy Springs has a new CEO. The $187 million-asset bank said in a press release

Financial institutions processed nearly $1.2 billion of suspected ransomware payments last year. The Financial Crimes Enforcement Network (FinCEN) said there

Wells Fargo in San Francisco is holding discussions with the Consumer Financial Protection Bureau to address a number of investigations.

New York Community Bancorp in Hicksville will likely need to exit the USDF Consortium to buy Flagstar Bancorp in Troy,

Upstart Holdings in San Mateo, Calif., has cut 140 jobs. The fintech, which focuses on personal and auto loans, disclosed

Customers Bancorp in West Reading, Pa., has settled a legal dispute with Kabbage over the Paycheck Protection Program. The $20.4

Truist Financial in Charlotte, N.C., has formed an innovation team built around a gamification company it bought earlier this year.

U.S. Bancorp in Minneapolis has disclosed a data breach involving credit card customers. The $370 billion-asset company filed a notice

Coastal Financial in Everett, Wash., disclosed that three of its Banking-as-a-Service clients are preparing to exit the relationship. The $3.1

Peapack-Gladstone Financial in Bedminster, N.J., has launched a life insurance premium finance business after hiring a pair of bankers from

New York Community Bancorp in Hicksville and Flagstar Bancorp in Troy, Mich., have received approval from the Office of the

Truliant Federal Credit Union in Winston-Salem, N.C., has opened its first regional office in South Carolina. The $4 billion-asset credit

The Office of the Comptroller of the Currency is planning to create an Office of Financial Technology. The OCC said

ConnexPay, a payments technology company, has raised $110 million in equity. The company said in a press release that FTV

Professional football star Patrick Mahomes has become the second-biggest investor in American State Bank in Tyler, Texas. The $758 million-asset

Republic Bancorp in Louisville, Ky., has agreed to buy CBank in Cincinnati. The $6 billion-asset Republic said in a press

Civista Bancshares in Sandusky, Ohio, has completed its purchase of an equipment finance company. The $3.3 billion-asset Civista said in

The Consumer Financial Protection Bureau has issued guidance about “junk fees,” targeting two practices that it believes are “likely unfair

The Western Bankers Association is looking for a new leader. The association announced that Stephen Andrews will resign as its

Finward Bancorp in Munster, Ind., is continuing to close branches. The $2.1 billion-asset company, which closed two branches in July,

Collins Community Credit Union in Cedar Rapids, Iowa, is the latest credit union to announce layoffs. The $1.6 billion-asset credit

Finexio, an Orlando, Fla., fintech, has raised $35 million in Series B funding round that included several banks among the

Peoples Bancorp in Marietta, Ohio, has agreed to buy Limestone Bancorp in Louisville, Ky. The $7 billion-asset Peoples said in

GBank Financial Holdings in Las Vegas has rebranded its bank. The $667 million-asset company said in a press release that

Republic First Bancorp in Philadelphia has been unable to negotiate a truce with one of its biggest investors. The $5.7

Sterling Bancorp in Southfield, Mich., which recently filed a lawsuit against its founder and former CEO, has hired a chief

RBB Bancorp in Los Angeles didn’t have to look too hard to find its permanent CEO.   The $3.9 billion-asset

Citizens Community Bancorp in Eau Claire, Wis., is thinning its branch network. The $1.8 billion-asset company said in a press

MainStreet Bancshares in Fairfax, Va., expects its Banking-as-a-Service (BaaS) division to break even within two years of having a fully

Biller Genie, a Miami fintech that provides AR automation and has a B2B payments platform, will open an office in

Chris Sawyer has become president and CEO of Grand Bank for Savings in Hattiesburg, Miss. Sawyer, who had been the

Atlantic Union Bankshares in Richmond, Va., is looking to address an issue with some customers’ accounts. The $20 billion-asset Atlantic

Western Commerce Bancshares of Carlsbad in New Mexico has agreed to buy Western Bancshares of Clovis in New Mexico. Western

Central Pacific Financial in Honolulu will soon have a new leader. The $7.3 billion-asset company said in a press release

First Capital in Corydon, Ind., has its next CEO lined up.   The $1.2 billion-asset company disclosed in a regulatory

Bank Irvine has officially opened. The California de novo bank debuted on Tuesday, according to the Federal Deposit Insurance Corp.

A de novo bank planned in Minneapolis is seeking to become a minority financial institution that would offer Shariah-compliant products

Centric Financial in Harrisburg, Pa., explored several mergers, including a merger of equals, before agreeing to be sold to First

First Internet Bancorp in Fishers, Ind., and MainStreet Bancshares in Fairfax, Va., remain committed to their Banking-as-a-Service platforms. BaaS has

Silvergate Capital in La Jolla, Calif., is no longer on pace to create its own stablecoin in 2022. Alan Lane,

U.S. Bancorp in Minneapolis is on pace to buy MUFG Union Bank in San Francisco on Dec. 1. The $601

MidWestOne Financial Group in Iowa City has its next CEO lined up. The $6.4 billion-asset company said in a press

Citizens Financial Services in Mansfield, Pa., has agreed to buy HV Bancorp in Doylestown, Pa. The $2.2 billion-asset Citizens said

City Holding in Charleston, W.Va., has agreed to buy Citizens Commerce Bancshares in Versailles, Ky. The $5.9 billion-asset City said

TrustCo Bank Corp NY in Glenville has appointed the president and CEO of the Florida Bankers Association to its board.

Liberty Bank in Middletown, Conn., is the latest bank to eliminate nonsufficient fund (NSF) and other fees. The $7.4 billion-asset

Hanover Bancorp in Mineola, N.Y., announced that its president is retiring. The $1.6 billion-asset company disclosed in a regulatory filing

Green Dot in Austin, Texas, has terminated its president and CEO. The prepaid card and digital banking fintech said in

Town and Country Financial in Springfield, Ill., initially tried to sell itself to HBT Financial in Bloomington, Ill., more than

A group that includes the former CEO of Amalgamated Bank in New York wants to open a new bank in

The Federal Reserve and the Office of the Comptroller of the Currency have approved U.S. Bancorp's pending purchase of MUFG

Business First Bancshares in Baton Rouge, La., plans to raise about $46.8 million from selling common stock.  The $5.5 billion-asset

First Bancshares in Hattiesburg, Miss., took advantage of a second window to buy Heritage Southeast Bancorp. in Jonesboro, Ga.  The

HomeStreet in Seattle has agreed to buy three branches in California from U.S. Bancorp and MUFG Union Bank.  U.S. Bancorp

Intrafi, a fintech that provides cash and liquidity management services to financial institutions, has added the CEO of the nation’s

Edward Jones in St. Louis has abandoned a two-year quest to form an industrial bank.  The company said in a

Another executive from People’s United Financial has found a new home following the company’s sale to M&T Bank. Columbia Financial

Battle Financial, the holding company for a proposed digital bank in Avon, Colo., has received conditional approval from the Office

Capital Bank in Rockville, Md., has tapped an insider to run its fintech business.  The $2.2 billion-asset bank said in

Four investment advisers have left Atlantic Union Bankshares in Richmond, Va., to form their own firm. Dover Advisors was launched

State Street in Boston has hired a former Google executive to serve as its global chief compliance officer. The $300

Bank of New York Mellon has formed a platform to manage digital assets.  The $438 billion-asset company said in a

David Zalman is back in the M&A game with two acquisitions. Prosperity Bancshares in Houston has agreed to buy Lone

Affinity Bancshares in Covington, Ga., will consolidate two roles following the expected resignation of its president. The $767 million-asset company

Sterling Bancorp in Southfield, Mich., has filed a lawsuit against its founder and controlling shareholder. The $2.5 billion-asset company disclosed

Rhinebeck Bank in Rhinebeck, N.Y., agreed to pay a $950,000 fine to address claims by the New York State Department

Bank of America in Charlotte, N.C., agreed to pay about $1.8 billion to resolve claims that go back to the

Bankers Helping Bankers, a program associated with the Independent Bankers Association of Texas, has created a platform to let participants

Home Federal Bancorp in Shreveport, La., has agreed to buy Northwest Bancshares in Benton, La. The $590.5 million-asset Home said

Republic First Bancorp in Philadelphia has reached a truce with a large shareholder. The $5.7 billion-asset company said in a

Q2 Holdings in Austin, Texas, has acquired Sensibill in Toronto, Canada. Q2 said in a press release that it bought

Community Heritage Financial in Middletown, Md., was the target of a cybersecurity attack. The parent of the $873 million-asset Middletown

Capital One Financial in McLean, Va., has merged its two banks into a single subsidiary. The $435.3 billion-asset company disclosed