BOK Financial in Tulsa, Okla., reported a sharp decline in net income that reflected securities losses and its special assessment

National Bankshares in Blacksburg, Va., has agreed to buy Frontier Community Bank in Waynesboro, Va. The $1.6 billion-asset National Bankshares

OFG Bancorp in San Juan, Puerto Rico, reported slightly higher quarterly profit after a gain from selling nonperforming small business

Brex, an expense management fintech, has laid off 20% of its staff. The company said in a note published on

Business First Bancshares in Baton Rouge, La., reported lower quarterly profit that reflected securities losses and costs tied to a

ModernFi, a fintech that helps banks retain and attract deposits, has closed an $18.7 million Series A funding round that

Community Bancorp in Derby, Vt., has a new bank president.   The $1.1 billion-asset Community Bancorp said in a press

Comerica in Dallas will cut 250 jobs and close 26 branches as part of a broad expense-cutting plan. The $84.1

Plumas Bancorp in Reno, Nev., has agreed to sell 12 properties as part of a sale-leaseback transaction. The $1.6 billion-asset

Central Bancshares in Muscatine, Iowa, has finalized the succession plan for its CEO. Central said in a press release that

The Federal Reserve has extended the deadline for commenting on its proposal to lower certain debit interchange fees.   The

NBT Bancorp in Norwich, N.Y., will soon have a new leader. The $13.8 billion-asset company said in a press release

Jack Henry in Monett, Mo., will promote an insider to become its new CEO. The company said in a press

First Security Bank & Trust in Charles City, Iowa, has a new CEO. The $570 million-asset bank said in a

Synchrony has agreed to buy Ally Financial’s point-of-sale financing business. The companies said in a press release that the sale

Rivermark Community Credit Union in Beaverton, Ore., and Advantis Credit Union in Oregon City are planning to merge. The $1.4

Somerville Bank in Eaton, Ohio, has a new CEO. The $255.8 million-asset bank said in a press release that David

Banner Corp. in Walla Walla, Wash., reported lower quarterly profit that reflected balance sheet pressure and a securities loss. The

Patriot Bank in Millington, Tenn., will pay $1.9 million to settle a redlining probe. The Justice Department said in a

The Office of the Comptroller of the Currency is looking to crack down on a bank holding company that is

Citizens Bank in Philadelphia, Miss., completed a sale-leaseback transaction involving three branches. The $1.4 billion-asset bank sold the locations for

F.N.B. in Pittsburgh reported a decline in quarterly earnings after it sold underwater securities, set the stage for selling indirect

Another banking company has shed underwater securities. The latest announcement comes from 1st Source in South Bend, Ind., which sold

The newly created America’s Credit Unions plan to lay off 25% to 30% of its workforce, or roughly 80 positions.

David Stevens, who led the Mortgage Bankers Association for seven years, has died. Stevens, 66, died unexpectedly, the MBA said

Truist Financial in Charlotte, N.C., reported a quarterly loss that reflected lower revenue, a goodwill impairment charge, a special assessment

Princeton Bancorp in New Jersey, which once tried to sell itself, is again a buyer. The $2 billion-asset company said

Citizens Financial Group in Providence, R.I., reported a sharp decline in quarterly earnings that reflected its special assessment from the

Kentucky First Federal Bancorp in Hazard indefinitely suspended its quarterly dividend.   The $357 million-asset company said in a press

Centra Credit Union in Columbus, Ind., and Hoosier Hills Credit Union in Bedford, Ind., are planning to merge. The $2.1

Panacea Financial, a fintech division of Primis Financial in McLean, Va., raised $24.5 million in Series B funding. The fintech,

The Consumer Financial Protection Bureau has proposed a rule that would limit overdraft charges at large U.S. banks and credit

Fulton Financial in Lancaster, Pa., reported lower quarterly earnings that reflected restructuring costs and a special assessment from the Federal

First Bancshares in Hattiesburg, Miss., joined the growing list of banks repositioning securities during the fourth quarter. The $7.9 billion-asset

BankFirst in Manitowoc, Wis., reported a significant increase in net income after the sale of a minority stake in a

Banks in Michigan, Ohio and New York completed private placements of common stock. Bank Michigan Financial in Brooklyn sold $4.1

Amerant Bancorp in Coral Gables, Fla., has agreed to sell $401 million of multifamily loans at a loss. The $9.3

FirstSun Capital Bancorp in Denver has agreed to buy HomeStreet in Seattle. The $7.8 billion-asset FirstSun said in a press

Ally Financial in Detroit has an interim CEO. The company said in a press release that Douglas Timmerman will take

Payment processor Fiserv is trying to become the first company to obtain a merchant acquirer limited purpose bank charter in

Forward Bank in Marshfield, Wis., has agreed to buy Lake City Federal Bank in Lake City, Minn. The $964 million-asset

Stablecoin issuer Circle has filed confidential paperwork with the Securities and Exchange Commission for an initial public offering. The company,

AmeriServ Financial in Johnstown, Pa., expects to report a large quarterly loss after pursuing cost-cutting measures, selling underwater securities, and

Virginia Credit Union in Richmond and Member One Federal Credit Union in Roanoke, Va., plan to merge. The combination of

Esquire Financial Holdings in Jericho, N.Y., has acquired a large stake in United Payment Systems. The $1.5 billion-asset Esquire said

The second credit union-bank deal of 2024 is a doozy.   Global Federal Credit Union in Anchorage, Alaska, agreed to

A proposed bank in New York plans to offer special products to first responders. Organizers of Greater Gotham Bank is

Citigroup in New York recorded a $1.3 billion reserve build in the fourth quarter tied to exposure in Argentina and

Security Federal in Aiken, S.C., changed it bylaws to remove a mandatory retirement provision for its officers. The $1.5 billion-asset

Blue Ridge Bankshares in Charlottesville, Va., is looking to resolve a longstanding lawsuit filed by former employees of a processor

Caltech Employees Credit Union in La Cañada Flintridge, Calif., has lined up its next CEO. The $2 billion-asset credit union

Hudson Valley Credit Union in Poughkeepsie, N.Y., has agreed to buy Catskill Hudson Bank in Kingston, N.Y. The $7 billion-asset

A former Wells Fargo and JPMorgan Chase executive is set to become the next president of Mr. Cooper Group. The

Clark Street Capital in Chicago created a platform that helps community banks and other lenders quickly sell small loans. The

Pacific Financial in Aberdeen, Wash., has hired a commercial banking team from First Interstate Bank. The $1.2 billion-asset company said

Susser Banc Holdings in Dallas has raised $40.3 million through a private placement of common stock. The parent of the

Kevin Hood has been named CEO of 1st University Credit Union in Waco, Texas. Hood, who was an executive vice

Comerica in Dallas disclosed several special items that will impact fourth-quarter results. The $85.7 billion-asset company said in a regulatory

Bank of America in Charlotte, N.C., plans to record a roughly $1.6 billion charge in the fourth quarter tied to

FNBC Bank in Ash Flat, Ark., has a new president. The $775 million-asset bank said in a press release that

Pioneer Bancorp in Albany, N.Y., and Citizens & Northern in Wellsboro, Pa., repositioned their securities portfolios last month. The $2

Scale Bank in Edina, Minn., has filed to merge with Provident Commercial Finance in Chattanooga, Tenn. The $557 million-asset Scale

Coastal Financial in Everett, Wash., appointed Brian Hamilton, a veteran banking and fintech executive, to its board. The $3.7 billion-asset

The president of Hancock Whitney Bank in Gulfport, Miss., is set to retire. The unit of the $36.3 billion-asset Hancock

The Federal Reserve Bank of St. Louis has lined up its next CEO. The St. Louis Fed said in a

It didn’t take long for Alex Sanchez to find his second act. Sanchez, who retired on Dec. 31 and CEO

First National Bank of Granbury in Texas has a new leader. The $876 million-asset bank said that James Hodges had

Citizens First Bank in The Villages, Fla., has a new CEO. The $3.7 billion-asset bank announced that Jay Bartholomew also

Esquire Financial Holdings in Jericho, N.Y., has added an expert in artificial intelligence to its board. The $1.5 billion-asset company

A higher premium and a stronger dividend history helped Old National in Evansville, Ind., secure the winning bid to buy

Organizers of the proposed BankMiami plan to raise $32.5 million of initial capital. The group said in its application with

The bank unit of Finward Bancorp in Munster, Ind., is operating under a consent order requiring it to bulk up

ES Bancshares in Staten Island, N.Y., announced a collaborative agreement with one of its investors. The company said in a

Independence Bank in East Greenwich, R.I., which recently filed a lawsuit against its regulators, is facing Federal Deposit Insurance Corp.

The Federal Deposit Insurance Corp. has received its first application for deposit insurance in 2024. Organizers applied on Jan. 2

Brighton Bank in Brighton, Tenn., entered into a consent order with the Federal Deposit Insurance Corp. that requires the bank

Ed Crutchfield, who used dozens of acquisitions over 15 years to put First Union Bank in Charlotte, N.C., on the

Stone Bank in Mountain View, Ark., has a new leader. Nick Roach, who was already the $738.8 million-asset bank’s president,

Intracoastal Bank in Palm Coast, Fla., didn’t have to look far to find its next CEO. The $497.8 million-asset bank

All In Credit Union in Daleville, Ala., has agreed to buy five Alabama branches from 22nd State Bank in Louisville,

BayFirst Financial in St. Petersburg, Fla., has a new president and CEO. The $1.1 billion-asset company said in a press

Pioneer Bancorp in Albany, N.Y., is looking to switch regulators. The $2 billion-asset company disclosed in a regulatory filing that

Sierra Bancorp in Porterville, Calif., said it could use proceeds from recent sale-leaseback agreements to offset potential securities losses. The

Union Bank & Trust in Lincoln, Neb., will soon have a new leader with a familiar last name. The $8.3

The clock is ticking for Liberty Bank in Salt Lake City. The $12.8 million-asset bank entered into a consent order

Olney Bancshares of Texas will soon have a new CEO. The company said in a press release that CK Lee

United Community Banks in Blairsville, Ga., repositioned its securities portfolio and disclosed the impact of a special assessment from the

NB Bancorp in Needham, Mass., completed its conversion from a mutual holding company to a stock holding company. The $4.2

Arthur State Bank in Union, S.C., announced that its CEO is retiring. The $748 million-asset bank said in a LinkedIn

First Guaranty Bancshares in Hammond, La., raised $10 million through a private placement. The $3.4 billion-asset company disclosed in a

BancPlus in Ridgeland, Miss., added a veteran investment banker to its board. The $7.6 billion-asset company disclosed in a regulatory

NSTS Bancorp in Waukegan, Ill., sold lower-yielding securities at a loss.   The $252 million-asset company said in a press

Bancorp 34 in Scottsdale, Ariz., revised its third-quarter results, turning a narrow gain into a net loss. The $575 million-asset

Auburn National Bancorp. in Auburn, Ala., expects to report a fourth-quarter loss after selling available-for-sale securities. The $1 billion-asset company

Blue Ridge Bankshares in Charlottesville, Va., has received a much-needed capital infusion. The $3.3 billion-asset company said in a press

First United in Oakland, Md., sold a batch of securities at a loss. The $1.9 billion-asset company disclosed in a

Allegacy Federal Credit Union in Winston-Salem, N.C., is playing the long game with CEO succession. The $2.2 billion-asset credit union

A veteran South Florida banker has applied to form a new bank. BankMiami would operate as a state-chartered bank, with

BCB Bancorp in Bayonne, N.J., will have a new leader in 2024. The $3.8 billion-asset company disclosed in a regulatory

Fulton Financial in Lancaster, Pa., will soon have a new president. The $27 billion-asset company said in a press release

Capital Funding Bancorp in Baltimore has received a $125 million investment from J.C. Flowers & Co. The investment firm said

Santander Bank is the latest financial services company to scoop up former Signature Bank assets. The Federal Deposit Insurance Corp.

Kearny Financial in Fairfield, N.J., repositioned a portion of its investment securities portfolio. The $8 billion-asset company said in a

Provident Financial Services in Iselin, N.J., and Lakeland Bancorp in Oak Ridge, N.J., have extended the deadline for their merger

Webster Financial in Stamford, Conn., has agreed to buy Ametros Financial, a custodian and administrator of medical funds from insurance

U.S. Bancorp in Minneapolis was ordered to pay fines to address issues with a pandemic-era prepaid card program for distributing

CrossFirst Bankshares in Leawood, Kan., repositioned its securities portfolio to reduce its concentration in municipal securities.   The $7.2 billion-asset

Fifth Third Bancorp in Cincinnati has combined the roles of chairman and CEO. The $213 billion-asset company said in a

M1 Bancshares in Clayton, Mo., has raised capital. The parent of the $978 million-asset M1 Bank brought in more than

Lincoln Bancorp in Waterloo, Iowa, has recruited a banker from New York to serve as its next CEO. The parent

CSI, a financial software company in Paducah, Ky., has acquired Hawthorn River, a St. Louis firm that offers a loan

The CEO of the Pacific Coast Banking School has announced plans to retire. Gretchen Claflin said in a press release

AmeriNational Community Services in Albert Lea, Minn., has applied to buy Northwest Bancorp. of Illinois in Palatine. AmeriNational, an economic

Shore Bancshares in Easton, Md., will likely report a larger third-quarter loss when it restates financial results to correct an

The Federal Deposit Insurance Corp. continues to create entities to sell of assets tied to the failed Signature Bank. The

ACNB Corp. in Gettysburg, Pa., repositioned its balance sheet. The $2.8 billion-asset company said in a press release that it

B2 Bank in Mountain Iron, Minn., which has fintech ties and has been building a Banking-as-a-Service (BaaS) platform, must develop

First Citizens BancShares in Raleigh, N.C., has added a former Bank of America executive to its board. The $200 billion-asset

The Federal Deposit Insurance Corp. has formed a new venture as part of its plan to sell commercial real estate

CU Digital One, a credit union service organization focused on fintech investments, has landed another credit union investor. The $820

Stephen Gordon is ready to become a bank acquirer – again. Genesis Bank in Newport Beach, Calif., where Gordon is

GBank Financial Holdings in Las Vegas has agreed to buy BankCard Services. The $729 million-asset GBank said in a press

First Community in Lexington, S.C., has given its bank president added duties.   The $1.8 billion-asset company said in a

The Independent Community Bankers of America has selected six companies to participate in its first ICBA ThinkTECH Accelerator program of

CB Financial Services in Washington, Pa., has repositioned its securities portfolio. The $1.4 billion-asset company said in a press release

Heartland Bank in Geneva, Neb., has agreed to buy State Bank of Odell in Nebraska. The $807 million-asset Heartland filed

First Busey in Champaign, Ill., used the sale of Visa Class B shares to offset the costs of a balance

Ncontracts, a Brentwood, Tenn., software-as-a-service company, has acquired Quantivate, a Washington-based provider of governance and compliance solutions for banks. The

Orrstown Financial Services in Shippensburg, Pa., has agreed to buy Codorus Valley Bancorp in York, Pa. The $3.1 billion-asset Orrstown

Horizon Bancorp in Michigan City, Ind., repositioned its balance sheet. The $8 billion-asset company said in a press release that

Axos Financial in Las Vegas bought two commercial real estate loan portfolios from the Federal Deposit Insurance Corp. The $20.8

FVCBankcorp in Fairfax, Va., has restructured its balance sheet. The $2.3 billion-asset said in a regulatory filing that it sold

Veritex Holdings in Dallas has agreed to sell its minority stake in a mortgage company. The $12.3 billion-asset company disclosed

Discover Financial Services in Riverwoods, Ill., has hired a former executive at TD Bank Group as its next CEO. The

First United in Oakland, Md., plans to close four branches in February. The $1.9 billion-asset company disclosed in a regulatory

Organizers of a proposed bank in Carthage, Mo., plan to raise $25 million of initial capital. Four States Bank would

A second balance sheet restructuring has taken place at 1895 Bancorp of Wisconsin in Greenfield. The $553 million-asset company said

Atlantic Union Bankshares in Richmond, Va., has added a former chief financial officer at KeyCorp to its board. The $21

The Consumer Financial Protection Bureau has ordered Atlantic Union Bankshares to pay $6.2 million to address concerns with the Richmond,

The Office of the Comptroller of the Currency issued guidance that focuses on the risk management tied to Buy Now,

Gorham Savings Bank in Maine and Maine Community Bank in Biddeford have agreed to merge. The $1.6 billion-asset Gorham Savings

Two former executives at Guaranty Federal Bancshares are behind an effort to create a new bank in Carthage, Mo. Jeffrey

A Tennessee appeals court unanimously ruled that Orion Federal Credit Union in Memphis, Tenn., can buy Financial Federal Bank in

Equity Bancshares in Wichita, Kan., has agreed to buy Rockhold Bancorp in Kirksville, Mo. The $4.9 billion-asset Equity also said

Mi Bancorp in Bloomfield, Mich., has a new CEO. The parent of the $200 million-asset Mi Bank said in press

Warsaw Federal Savings & Loan in Cincinnati has become a minority depository institution (MDI). The $97 million-asset mutual said in

CU Digital One, a fintech-focused credit union service organization (CUSO), has invested in CryptoFi. The CUSO said in a press

Organizers of the proposed Elemi Bank in Burbank, Calif., are planning to raise $25 million of initial capital. The proposed

Gateway Bank in Oakland, Calif., hired a new CEO and raised $15 million through a private placement of common stock.

Texas Community Bancshares in Mineola has rebranded its bank. The $437 million-asset company disclosed in a regulatory filing that Mineola

CB Financial Services in Washington, Pa., has agreed to sell its insurance business to World Insurance Associates. The $1.4 billion-asset

First Western Bank & Trust in Minot, N.D., bought State Bank of Lismore in Minnesota. The $2.2 billion-asset First Western

The list of banks selling insurance businesses keeps getting longer. BOK Financial in Tulsa, Okla., has agreed to sell BOK

Republic First Bancorp and an investor group have extended the deadline for the Philadelphia company to sell a large stake

Discover Financial Services in Riverwoods, Ill., is exploring the sale of its student lending business. The company said in a

First Northwest Bancorp in Port Angeles, Wash., is the latest banking company to face scrutiny over a fintech relationship. The

Organizers are planning new banks in California and Missouri. A group filed an application on Nov. 22 with the Federal

The Conference of State Bank Supervisors has lined up its next CEO. The CSBS said in a press release that

WaFd in Seattle and Luther Burbank in Santa Rosa, Calif., have extended the deadline to complete a merger they announced

SoFi Technologies will exit the crypto business next month. Customers will need to liquidate their crypto accounts by Dec. 19,

First Republic Bank’s failure has raised questions about regulators’ assumptions for uninsured deposits and the non-capital triggers for agency intervention.

Synchrony Financial in Stamford, Conn., has agreed to sell its pet insurance unit. The company disclosed in a regulatory filing

Generations Bancorp NY in Seneca Falls has a new CEO. The $395 million-asset company disclosed in a regulatory filing that

Bank of America in Charlotte, N.C., was ordered by the Consumer Financial Protection Bureau to pay a $12 million penalty

LCNB in Lebanon, Ohio, has agreed to buy Eagle Financial Bancorp in Cincinnati. The $2.4 billion-asset LCNB said in a

RBB Bancorp entered into a consent order with regulators requiring the Los Angeles company to improve its compliance with the

Jack Henry & Associates said that the president of its bank solutions group is retiring. The core systems provider said

First Busey in Champaign, Ill., is pushing deeper into Chicago with an agreement to buy Merchants and Manufacturers Bank in

Benchmark Bankshares in Kenbridge, Va., will have a new leader in 2024. The parent of the $1 billion-asset Benchmark Community

Federal regulators have extended the comment period on a proposed rule that would place long-term debt requirements on large banks.

United Bancorp in Martins Ferry, Ohio, will combine the roles of chairman and CEO.   The $814 million-company disclosed in

First Security Bank in Bozeman, Mont., will have a new CEO on Jan. 1. The unit of the $28 billion-asset

Silvergate Capital in La Jolla, Calif., has fully repaid all remaining deposit liabilities. The company, which is in the process

OneMain Holdings in New York has agreed to buy Foursight Capital, an auto finance company. OneMain said in a press

Pioneer Bancorp in Albany, N.Y., is set to receive nearly $6 million after settling a lawsuit against an accounting firm.

Brex, a San Francisco expense management platform, has promoted its chief product officer to serve as its first president. The

BM Technologies in Radnor, Pa., is set to start transferring higher education customer deposits to First Carolina Bank in Rocky

Hilltop Holdings in Dallas is moving around several executives due to the pending retirement of its bank CEO.   The

Dream Chasers Capital, a New York-based minority-run investment fund, has raised its offer to buy a large stake in Carver

Pacific Premier Bancorp in Irvine, Calif., sold nearly $1.3 billion of securities at a loss. The $20 billion-asset company said

A group looking to form a bank in Jersey City, N.J., plans to raise at least $23 million of capital.

Citizens Bank of Edmond in Oklahoma has been designated as a minority depository institution (MDI) by the Treasury Department. The

Vast Bank in Tulsa, Okla., an early pioneer in dealings with cryptocurrency, has entered into a consent order with the

Performance Trust Capital Partners has agreed to buy Monroe Financial Partners to bolster its services for community banks and depository

Bank of New Hampshire in Laconia has laid off 19 employees and ceased accepting applications for mortgages and other consumer

Blue Ridge Bankshares in Charlottesville, Va., plans to roll off certain Banking-as-a-Service relationships in the next year. The $3.3 billion-asset

First Bancorp in Southern Pines, N.C., has a new bank president. The $12 billion-asset First Bancorp said in a press

Heartland Financial USA in Denver joined the list of banks selling underwater securities. The $20.1 billion-asset company said in a

Live Oak Bancshares in Wilmington, N.C., has a new president. The $11 billion-asset company said in a press release that

HMBradley is winding down its consumer deposit and credit card programs. The challenger bank will shut down those operations over

Capitol Federal Financial in Topeka, Kan., will amend its quarterly results, reducing its previously reported loss, to correct its accounting

Blue Ridge Bankshares in Charlottesville, Va., which is working under a written agreement with the Office of the Comptroller of

RBB Bancorp in Los Angeles lowered its third-quarter earnings after deferring income from a grant.   The $4.1 billion-asset company

Lakeland Financial in Warsaw, Ind., has combined the roles of chairman and CEO. The $6.4 billion-asset company said in a

Park National in Newark, Ohio, sold securities at a loss. The $10 billion-asset company disclosed in a regulatory filing that

Liberty Bancorp. in Liberty, Ill., has acquired North Adams Bancshares in Ursa, Ill. The $128 million-asset Liberty bought the parent

West Virginia Gov. Jim Justice, his family and related parties have filed a lawsuit against Carter Bankshares, alleging that the

Middlefield Banc Corp. in Middlefield, Ohio, is preparing for its next CEO. The $1.8 billion-asset company said in a press

First Citizens BancShares in Raleigh, N.C., amended its community benefits plan, upholding some of the commitments Silicon Valley Bank had

ICBA Bancard, the payments unit of the Independent Community Bankers of America, has rebranded. The ICBA said in a press

Capital City Bank Group in Tallahassee, Fla., plans to restate several quarters of financial results to correct its handling of

First Financial in Terre Haute, Ind., has agreed to buy SimplyBank in Dayton, Tenn. The $4.8 billion-asset First Financial said

Fidelity D&D Bancorp in Dunmore, Pa., restructured its balance sheet. The $2.5 billion-asset company disclosed in a regulatory filing that

Gainey Business Bank in Scottsdale, Ariz., has its new CEO. The $27 million-asset bank said in a press release that

Fifth Third Bancorp in Cincinnati agreed to pay $8 million to the Securities and Exchange Commission to settle claims that

Associated Banc-Corp in Green Bay, Wis., will report a large fourth-quarter loss after restructuring its balance sheet and pursuing a

City National Bank in Los Angeles will soon have a new CEO. The $96 billion-asset unit of Royal Bank of

A group in Jersey City, N.J., is looking to form a bank. Organizers of Chroma Community Bank applied with the

Flagstar Bank in Hicksville, N.Y., has a new president for its private bank. Flagstar, a unit of the $111 billion-asset

Pacific Coast Bankers’ Bancshares in Walnut Creek, Calif., appointed a former regulator to its board. The $1.4 billion-asset company said

Citigroup will pay $25.9 million to address claims by the Consumer Financial Protection Bureau that the New York company intentionally

Park Community Credit Union in Louisville, Ky., will soon have a new CEO. The $1.4 billion-asset credit union said in

United Financial Credit Union in Saginaw, Mich., will invest $5 million into CU Digital One, a credit union service organization

Oportun Financial in San Carlos, Calif., plans to lay off nearly a fifth of its corporate staff. The consumer lender

Evans Bancorp in Williamsville, N.Y., has agreed to sell its insurance business to Arthur J. Gallagher & Co. for $40

Quaint Oak Bancorp in Southampton, Pa., sold a 4.9% stake in itself to ItalBank International in Puerto Rico. The $762

First Savings Financial Group in Jeffersonville, Ind., is selling or closing several businesses. The $2.3 billion-asset company said in a

A.E.A. Federal Credit Union in Yuma, Ariz., has agreed to buy West Valley National Bank in Goodyear, Ariz. The $350

Affirm, a leading Buy Now, Pay Later (BNPL) company, has added a banking veteran to its board. Manolo Sánchez joined

Citizens Bank in Sac City, Iowa, has failed. The Iowa Division of Banking closed the $66 million-asset bank before appointing

Nova Bank, a bank proposed for Huntsville, Ala., has raised $29 million in initial capital. Mark Minish, who would serve

PayPal Holdings has received a subpoena from the Securities and Exchange Commission seeking documents tied to the PayPal USD stablecoin.

Community State Bank in Starke, Fla., will rebrand as DLP Bank. DLP Bancshares, which bought and recapitalized the $250 million-asset

Firstar Bank in Sallisaw, Okla., has agreed to buy First National Bank of Stigler in Oklahoma. The $936 million-asset Firstar

RiverWind Bank in Augusta, Ark., has a new CEO. The $137 million-asset bank said Casey Cullipher succeeded Bill Patton. Cullipher

Lake Shore Bancorp in Dunkirk, N.Y., which is working through a regulatory issue, has added a former KeyCorp executive to

Provident Financial Holdings in Riverside, Calif., has lined up its next CEO. The $1.3 billion-asset company said in a press

Codorus Valley Bancorp in York, Pa., said it had amicably ended a cooperation agreement with an activist investor. The $2

Blue Ridge Bankshares in Charlottesville, Va., reported a large quarterly loss, suspended its dividend and announced plans to restate several

State Street in Boston didn’t have to look far to find its next president. The $284 billion-asset company disclosed in

Great Plains Bancshares in Elk City, Okla., raised $12.3 million through a private placement of common stock. The parent of

Patriot National Bancorp in Stamford, Conn., will restate financial results for the first half of 2023 after miscalculating an adjustment

Eastern Bankshares in Boston has appointed a banking veteran to its board. The $21 billion-asset company said in a press

Republic First Bancorp in Philadelphia has a new chairman after finalizing an agreement to sell stock to an investor group.

Issues with two commercial real estate loans caused a spike in nonperforming loans at New York Community Bancorp in Hicksville,

Civista Bancshares in Sandusky, Ohio, is taking a break from the income tax refund business. The $3.7 billion-asset company said

Tompkins Financial in Ithaca, N.Y., reported a quarterly loss after repositioning its balance sheet. The $7.7 billion-asset company lost $33.4

Primis Financial in McLean, Va., is closing eight branches this month. The $3.8 billion-asset company said in a press release

Old National in Evansville, Ind., has agreed to buy CapStar Financial Holdings in Nashville, Tenn. The $49 billion-asset Old National

Morgan Stanley has selected a successor to its retiring CEO. The investment bank said in a press release that Ted

Kearny Financial in Fairfield, N.J., and Premier Financial in Defiance, Ohio, recently upgraded their digital platforms. The $8 billion-asset Kearny

Cambridge Savings Bank in Massachusetts is in the market for a CEO. Wayne Patenaude announced his decision to retire from

Third Coast Bancshares in Houston has cut about 5% of its employees as part of a cost-cutting effort. The $4.2

Parke Bancorp in Washington Township, N.J., reported a sharp drop in quarterly profit after recognizing a $9.5 million hit tied

First Busey in Champaign, Ill., has parted ways with its bank CEO. The $2.3 billion-asset company disclosed in a regulatory

Capitol Federal Financial in Topeka, Kan., sold most of its securities at a large loss in the third quarter –

High Plains Banking Group in Flagler, Colo., raised nearly $3.7 million through a private placement of common stock. The parent

Cadence Bank in Tupelo, Miss., has agreed to sell its insurance agency to Arthur J. Gallagher & Co. The $48.8

Peoples Bancorp in Marietta, Ohio, terminated its pension plan. The $8.9 billion-asset company said in a press release that it

Flagship Financial Group in Eden Prairie, Minn., and Security Bancshares in Glencoe, Minn., are planning to merge before buying another

SmartFinancial in Knoxville, Tenn., repositioned its securities portfolio during the third quarter. The $4.8 billion-asset company said in a press

Huntington Bancshares in Columbus, Ohio, plans to close 34 branches early next year. The $187 billion-asset company said that 11

Hope Bancorp in Los Angeles announced a cost-cutting plan that includes an undisclosed number of layoffs. The $20.1 billion-asset company

Quarterly profit at Regions Financial in Birmingham, Ala., took a hit after another large instance of check fraud. The $153.6

Macatawa Bank Corp. in Holland, Mich., will have a new CEO next month. The $2.6 billion-asset company said in a

Metropolitan Bank Holding in New York will pay $30 million in penalties to address claims it had deficient third-party risk

Ameris Bancorp has settled Department of Justice claims that the Atlanta company violated fair lending laws in Jacksonville, Fla., from

F.N.B. Corp. in Pittsburgh reported higher earnings despite fully charging off a large commercial loan. The $45 billion-asset company said

Guaranty Capital in Belzoni, Miss., has agreed to buy Lafayette Bancorp in Oxford, Miss. The $2.3 billion-asset Guaranty said in

BankTech Ventures, an investment fund backed by several community banks, disclosed that it has invested $13.5 million in six fintechs

MainStreet Bancshares in Fairfax, Va., has debuted its Software-as-a-Service platform after signing its first client. The $1.9 billion-asset company said

Plumas Bancorp in Reno, Nev., will discontinue its dealer loan program. The $1.6 billion-asset company said in a press release

Mercantile Bank Corp. in Grand Rapids, Mich., is set to have a new CEO. The $5.2 billion-asset company said in

Taichung Commercial Bank in Taipei, Taiwan, and American Continental Bancorp in City of Industry, Calif., have terminated their planned merger.

FB Financial in Nashville, Tenn., reported lower quarterly earnings after it restructured its securities portfolio and conducted an early retirement

Menzo Case, president and CEO of Generations Bancorp NY in Seneca Falls, has died. The $395 million-asset company disclosed in

LendingClub in San Francisco has cut more jobs. The online lender said it will lay off 172 employees, or roughly

A group of eight Ethiopian-Americans in Washington, D.C., plan to raise $22 million in initial capital for the planned Moodai

Banks in Minnesota and Texas have raised capital through private placements of common stock. Plato Holdings in in St. Paul,

PNC Financial Services Group in Pittsburgh plans to cut about 4% of its workforce as part of a broader cost-cutting

State Employees’ Credit Union in Raleigh, N.C., has three new directors. The $50 billion-asset credit union said in a press

ORNL Federal Credit Union in Oak Ridge, Tenn., has a new CEO. The $3.4 billion-asset credit union said in a

Goldman Sachs in New York has agreed to sell its GreenSky platform to a group of institutional investors led by

Ally Financial in Charlotte, N.C., said CEO Jeffrey Brown will step down next year. The company said in a press

Central Valley Community Bancorp in Fresno, Calif., has agreed to buy Community West Bancshares in Goleta, Calif. The $2.5 billion-asset

A group of investors in Costa Mesa, Calif., has agreed to buy Northern California Bancorp in Monterey, Calif. PCB Financial,

A group in Washington, D.C., is looking to form a bank to serve Ethiopian-Americans. Organizers of the proposed Moodai International

First Savings Financial Group in Jeffersonville, Ind., is getting out of national mortgage lending.   The $2.3 billion-asset company said

Primis Financial in McLean, Va., has a new bank president. The $3.9 billion-asset company said in a press release that

SVB Financial Group in Santa Clara, Calif., has sold its investment banking business to the unit’s management team. The company,

An activist investor has recruited a banking veteran to aid in his quest for board seats at AmeriServ Financial in

Riverview Bancorp in Vancouver, Wash., agreed to pay a salary to its former president and CEO over the next year.

PNC Financial Services Group in Pittsburgh has acquired a portfolio of capital commitments facilities from Signature Bridge Bank. The $554

Discover Financial Services in Riverwood, Ill., disclosed that its bank agreed to a consent order with the Federal Deposit Insurance

The Illinois Department of Financial and Professional Regulation has a new leader. The agency said in a press release that Gov.

MidFirst Bank in Oklahoma City is expanding in southern California after hiring nearly two dozen bankers who worked at the

A former executive at U.S. Bancorp has joined the board at 1895 Bancorp of Wisconsin in Greenfield. The $553.4 million-asset

A Charlotte, N.C., startup focused on artificial intelligence has raised about $1.7 million in early stage funding.   Rivet Solutions

Regulators could have been more hands-on with a decision by Silvergate Bank in La Jolla, Calif., to work with the

Truist Financial in Charlotte, N.C., announced the departure of eight directors. The $555 billion-asset company disclosed in a regulatory filing

Inbanx, an Austin, Texas, software company focused on digital payments and business budgeting, has added a banker to its board.

The Financial Crimes Enforcement Network assessed a $15 million civil money penalty against Shinhan Bank America in New York for

Tompkins Financial in Ithaca, N.Y., sold a portfolio of securities at a $47.5 million loss. The $7.6 billion-asset company disclosed

The Florida Bankers Association has hired a former director of the Consumer Financial Protection Bureau as its new CEO. Alex

RBB Bancorp in Los Angeles and Gateway Bank in Oakland, Calif., have terminated their planned merger.   The $4.1 billion-asset

Univest Financial in Souderton, Pa., plans to combine its chairman and CEO positions. The $7.6 billion-asset company disclosed in a

Touchstone Bankshares in Prince George, Va., laid off an undisclosed number of employees. The parent of the $644 million-asset bank

Federal Reserve examiners should have stepped up their oversight of Silicon Valley Bank prior to its March failure, according to

Camino Financial in Los Angeles has agreed to buy Fundation in Reston, Va., in a merger of online small business

Republic First Bancorp in Philadelphia has reached a truce with an activist investor by involving them in a planned capital

Peoples Financial Services in Scranton, Pa., has agreed to buy FNCB Bancorp in Dunmore, Pa. The $3.7 billion-asset Peoples said

Carver Bancorp in New York, one of the nation’s biggest black-run banks, is facing a hostile takeover. Dream Chasers Capital

Former MBNA executive Frank Bramble has died. Bramble, who was executive vice chairman of the monoline credit card company when

Washington Trust Bancorp in Westerly, R.I., has reached a settlement with the Justice Department over claims its bank violated fair

MidWestOne Financial Group in Iowa City has agreed to buy Denver Bankshares a day after agreeing to sell its Florida

River Financial in Prattville, Ala., raised $32.9 million through a private placement of common stock. The $3.1 billion-asset company sold

MidWestOne Financial Group in Iowa City has agreed to sell its Florida operations to DFCU Financial in Dearborn, Mich. The

HomeStreet in Seattle rejected an unsolicited offer to buy its Fannie Mae delegated underwriting and servicing (DUS) license. The $9.5

An investor group is looking to buy First State Bank of Decatur in Michigan. A group led by Gregg Bigger

Dutch neobank bunq BV has applied to open a bank in the U.S. The bank applied with the Federal Deposit

Plains State Bank in Humble, Texas, bought a wealth management and tax business. The $780 million-asset bank said in a

Republic First Bancorp in Philadelphia will delay its 2022 annual meeting again. The $6.2 billion-asset company disclosed in a regulatory

Cape Cod 5 in Hyannis, Mass., and Fidelity Bank in Leominster, Mass., are merging under the same holding company. The

Central Plains Bancshares in Grand Island, Neb., and SR Bancorp in Bound Brook, N.J., are progressing with their mutual conversions.

Atlantic Union Bankshares in Richmond, Va., has sold 27 properties in Virginia as part of a sale-leaseback transaction. The $20.6

Merchants & Marine Bancorp in Pascagoula, Miss., has agreed to buy Mississippi River Bank in Belle Chasse, La. The $659

BankTech Ventures, an investment vehicle backed by several community banks, has invested in Vero Technologies, a wholesale financing and loan

Glen Burnie Bancorp in Glen Burnie, Md., has lined up its next CEO.   The $364 million-asset Glen Burnie said

Eastern Bankshares in Boston has agreed to buy Cambridge Bancorp in Cambridge, Mass., and sell its own insurance unit to

A group of Sikh-Americans is looking to form a bank in New Jersey that would serve their community. The proposed

Oklahoma State Bank in Guthrie has a new name. The $274 million-asset bank said in a press release that it

The leader of Community Financial Group will defer most compensation tied to the Spokane, Wash., company's pending sale to Glacier

CU Digital One, a credit union service organization created by Frankenmuth Credit Union in Michigan, has made its first fintech

First Federal Bank of Twin Falls in Idaho has created a wealth and investment management division. The $1.4 billion-asset bank

Add Zions Bancorp. in Salt Lake City to the growing list of banks cutting jobs. The $87.2 billion-asset company said

Owners Bank, the digital bank division of Liberty Bank in Middletown, Conn., has launched a new business credit card. The

Atlantic Union Bankshares in Richmond, Va., acted quickly to seal a deal to buy American National Bankshares in Danville, Va..

OceanFirst Financial in Red Bank, N.J., will report higher chargeoffs in the third quarter due to a loan participation. The

GreenState Credit Union in North Liberty, Iowa, is looking for a new CEO. The $11.2 billion-asset credit union, a serial

Three community banks raised a total of $50 million in capital by completing private placements of common stock. Illinois National

KeyCorp in Cleveland aims to reduce its risk-weighted assets by $10 billion this year. The $195 billion-asset company disclosed during

Bank consolidation bounced back in August. Eighteen banks agreed to sell last month, representing the busiest month since July 2022,

Citigroup in New York announced a major reorganization designed to streamline management layers and hasten decisions. The $2.4 trillion-asset Citi

United Community Banks in Blairsville, Ga., expects an increase in third-quarter chargeoffs tied to a syndicated loan. The $26 billion-asset

Penns Woods Bancorp in Williamsport, Pa., could raise $20 million by selling common stock. The $2 billion-asset company disclosed in

An activist investor group has paused litigation against Republic First Bancorp as the Philadelphia company explores capital-raising options. The shareholder

Citizens Financial Group in Providence, R.I., is forming a private bank. The $233 billion-asset company shared the news at a

An investor group has agreed to buy Midland Capital Holdings in Bridgeview, Ill. Midfed Acquisition will pay $31 to $32.50

Truist Financial in Charlotte, N.C., will look to reduce annual expenses by $750 million by the end of next year

A group is looking to form a bank in Paramus, N.J. Organizers applied with the Federal Deposit Insurance Corp. for

Veritex Holdings in Dallas will soon have a new bank president. The $12.5 billion-asset company said in a press release

Merchants Bancorp in Carmel, Ind., has agreed to sell four Illinois branches. The $13.1 billion-asset Merchants said in a press

The Federal Deposit Insurance Corp. determined that the liquidity risk management component of the CAMELS rating for First Republic Bank

Icon Business Bank has opened in Riverside, Calif. The de novo opened on Aug. 22, according to the Federal Deposit

Citizens National Bank of Bluffton in Ohio said its CEO will retire. The $981 million-asset bank said in a press

High-profile bank failures weighed down the banking industry’s aggregate profitability, according to the Federal Deposit Insurance Corp.’s quarterly banking profile.

Dime Community Bancshares in Hauppauge, N.Y., has formed a health care banking division. The $13.8 billion-asset company said in a

Leader Bank in Arlington, Mass., has hired a former First Republic Bank executive to build a startup banking division.  

Ashton Ryan Jr., former CEO of the failed First NBC Bank, was sentenced to serve 14 years in prison after

First Western Bank & Trust in Minot, N.D., has applied to acquire an insurance agency in Lismore, Minn.   The

The Federal Deposit Insurance Corp. plans to market $33 billion of commercial real estate loans that were held by the

Gardner Bancshares in Lenexa, Kan., is working through a cease-and-desist order from the Federal Reserve. The order, which followed an October

Members of St. Lawrence Federal Credit Union have rejected the Ogdensburg, N.Y., credit union’s proposed merger with SeaComm Federal Credit

The organizers of the proposed Nova Bank in Huntsville, Ala., have surpassed their capital-raising goal. The proposed de novo made

Add 1895 Bancorp of Wisconsin in Greenfield to the list of banks repositioning their balance sheets. The $553 million-asset company

Trustmark in Jackson, Miss., will set aside $6.5 million in the third quarter to cover the potential resolution of a

BM Technologies in Wayne, Pa., said its co-CEO resigned after just five months on the job.   The fintech disclosed

Five Star Credit Union in Dothan, Ala., has agreed to buy Wilcox County State Bank in Abbeville, Ga. – the

Michigan State University Federal Credit Union in Lansing has announced its second bank acquisition in the past week. The $7.6

NexTier in Butler, Pa., has agreed to buy Mars Bancorp in Mars, Pa. The $2.1 billion-asset NexTier said in a

PB Financial in Rocky Mount, N.C., which recently raised capital, has agreed to buy Coastal Bank & Trust in Jacksonville,

Frankenmuth Credit Union in Frankenmuth, Mich., has created a credit union service organization (CUSO) to evaluate investment opportunities in the

Bank First in Manitowoc, Wis., has agreed to sell its minority stake in technology firm UFS.   The $4.1 billion-asset

Innovations Financial Credit Union in Panama City, Fla., has agreed to buy First National Bank Northwest Florida in Panama City

Western Alliance Bancorp. in Phoenix has hired executives to oversee treasury management and commercial and industrial (C&I) banking. The $65

Integro Bank, a Phoenix de novo, has created a mortgage division. The $42.6 million-asset bank said in a press release

PacWest Bancorp in Beverly Hills, Calif., held “more advanced” talks with two potential buyers before it began negotiating its agreement

American Bank of Oklahoma in Collinsville has settled claims by the Justice Department that it failed to meet the mortgage

Fortuna Bank, a proposed de novo in Grandview Heights, Ohio, has received conditional approval from the Ohio Department of Financial

Federal bank regulators want regional banks to hold more debt and update their resolution plans. U.S. banks with at least

Gaylon Lawrence Jr. is looking to combine two banks he owns. Fourth Capital Bank in Nashville, Tenn., is planning to

Michigan State University Federal Credit Union in East Lansing, Mich., has agreed to buy McHenry Savings Bank in McHenry, Ill.

Five Star Credit Union in Dothan, Ala., has lined up its third bank acquisition. The $775 million-asset credit union said

A pair of banks has filed with regulators to proceed with pending acquisitions. Commerce Bancorp in Greenwood, Miss., applied to

Summit State Bank in Santa Rosa, Calif., is dealing with a potential hostile takeover by Big Poppy Holdings in Santa

Sandy Spring Bancorp in Olney, Md., will incur an $8.2 million charge in the third quarter tied to pension settlement

Live Oak Bancshares in Wilmington, N.C., has a new bank president. The $10.8 billion-asset company said in a press release

Eagle Financial Services in Berryville, Va., has sold its marine finance business to Axos Financial in Las Vegas.   The

Central Plains Bancshares in Grand Island, Neb., plans to raise $36.8 million as part of a mutual conversion. The parent

Burke & Herbert Financial Services in Alexandria, Va., has agreed to buy Summit Financial Group in Moorefield, W.Va. The $3.6

TD Bank disclosed that it is cooperating with a Justice Department probe into its compliance with anti-money laundering measures. The

The Consumer Financial Protection Bureau has filed a lawsuit against a fintech for allegedly violating laws against unfair lending practices

Savi Financial in Mount Vernon, Wash., has received conditional approval from the Federal Deposit Insurance Corp. to create a new

New Peoples Bankshares in Honaker, Va., has a new bank CEO lined up. The $794 million-asset company said in a

A proposed digital bank in San Juan, Puerto Rico, has received conditional approval from the Federal Deposit Insurance Corp. Organizers

Banks in Georgia and North Carolina recently raised capital through private placements of common stock. Signature Bank of Georgia in

Fifth Third Bancorp in Cincinnati has selected a former U.S. Bancorp executive to join its board. The $207 billion-asset company

Cory Montez Hairston, president and CEO of Congressional Federal Credit Union in Oakton, Va., died last week. The $1.2 billion-asset

Edward Jones, which last fall withdrew an application to create a bank, has entered into a strategic partnership with Citigroup

Bank of the West in San Francisco, which sold to Bank of Montreal earlier this year, plans to lay off

Farmington State Bank in Farmington, Wash., which is in the midst of selling itself to Bank of Eastern Oregon, was

Ivy Bank, the digital-only platform created by Cambridge Savings Bank in 2021, has surpassed $530 million of deposits. The $6

Silvergate Capital in La Jolla, Calif., which is in the midst of voluntarily winding down its operations, announced the departure

Vista Bank in Dallas has hired a team from Professional Bank to oversee its expansion into Florida. The $2 billion-asset

Stock Yards Bancorp in Louisville, Ky., will have a new head of wealth management in 2024. The $7.7 billion-asset company

Citizens Bank of Edmond in Oklahoma has launched a digital bank for members of the military. The $350 million-asset bank

Franklin Bancorp in Franklin, Ky., has raised $2.8 million through a private placement. The parent of the $715 million-asset Franklin

Carver Bancorp in New York has tapped an interim CEO while it looks for a permanent successor for Michael Pugh.

A unit of WSFS Financial in Wilmington, Del., has bought accounts tied to an investment advisory firm in Rehoboth Beach,

Three former directors of a failed Chicago bank have pleaded guilty to trying to hide embezzlement from the Office of

Savile Capital Group, a wealth management firm in Sheridan, Wyo., has agreed to buy Farmers State Bankshares in Cheyenne, Wyo.

Riverview Bancorp in Vancouver, Wash., has ended its CEO's employment. The $1.6 billion-asset company, which had placed Kevin Lycklama on

Aggressive interest rate hikes by the Federal Reserve led Bancorp 34 in Scottsdale, Ariz., and CBOA Financial in Tucson, Ariz.,

New Peoples Bankshares in Honaker, Va., said its CEO will retire next year.   The $794 million-asset company said in

Synovus Financial in Columbus, Ga., is selling more than $1.6 billion of loans. The $60.7 billion-asset company disclosed in a

Guaranty Bank and Trust in Belzoni, Miss., has applied to buy First American National Bank in Iuka, Miss. The $1.9

Glacier Bancorp in Kalispell, Mont., has agreed to buy Community Financial Group in Spokane, Wash. The $28 billion-asset Glacier said

Carver Bancorp in New York is looking for a new CEO.   The $723.2 million-asset company said in a press

The National Credit Union Administration approved 36 mergers in the second quarter, including seven designed to address challenges filling CEO

OceanFirst Financial in Red Bank, N.J., received a “needs to improve” Community Reinvestment Act rating from the Office of the Comptroller

Androscoggin Savings Bank in Lewiston, Maine, has created a Sharia-compliant mortgage product. The $1.5 billion-asset bank hired Ayesha Baye, an

Oconee Financial in Watkinsville, Ga., raised about $4.3 million tied to its acquisition of Elberton Federal Savings & Loan in

Texas State Bankshares in Harlingen has agreed to buy Dallas investment bank Estrada Hinojosa & Co. The $2.6 billion-asset Texas

InBank in Denver has a new president. The $1.3 billion-asset bank said in a press release that Bo Scott had

Riverview Bancorp in Vancouver, Wash., has put its president and CEO on administrative leave pending an internal investigation. The $1.6

Eureka Homestead Bancorp in Metairie, La., has agreed to sell to an investor group. The $104 million-asset company said in

A big shareholder at HomeStreet is pushing the Seattle company to sell its Fannie Mae delegated underwriting and servicing (DUS)

First Sound Bank in Seattle has agreed to sell to Harborstone Credit Union in Lakewood, Wash. The $1.9 billion-asset credit

Wells Fargo in San Francisco is bracing for a $1.8 billion invoice from the Federal Deposit Insurance Corp. The FDIC

EverBank in Jacksonville, Fla. – now under new ownership – also has a new CEO. The investor group that bought

The nation’s leading credit union associations are planning to merge. The National Association of Federally-Insured Credit Unions and the Credit

Blue Ridge Bankshares in Charlottesville, Va., reported a quarterly loss that reflected issues with a group of specialty finance loans.

Heartland Financial USA in Denver is close to completing a large-scale charter consolidation. The $20.2 billion-asset company said in a

NBT Bancorp in Norwich, N.Y., has acquired a retirement plan administrator. The $11.9 billion-asset company said in a press release

West Potomac Capital in Arlington, Va., plans to raise $250 million for a social impact fund that would invest in

Heartland Tri-State Bank of Elkhart, Kan., failed on Friday. The Federal Deposit Insurance Corp. said in a press release that

Dime Community Bancshares in Hauppauge, N.Y., has lined up its next CEO. The $3.8 billion-asset company said in a press

MVB Financial in Fairmont, W.Va., sold a large portion of its subprime auto loans during the second quarter. The $3.5

First Interstate BancSystem in Billings, Mont., laid off 70 mortgage employees in the second quarter. The $31 billion-asset company said

Pioneer Bancorp in Albany, N.Y., has acquired Hudson Financial, an advisory firm in Hudson, N.Y. The $1.8 billion-asset Pioneer said

Eagle Bancorp in Bethesda, Md., closed two branches and laid off some employees as part of a cost-cutting effort. The

Banc of California in Santa Ana has agreed to buy PacWest Bancorp in Beverly Hills, Calif. The companies said in

Atlantic Union Bankshares in Richmond, Va., has agreed to buy American National Bankshares in Danville, Va. The $20.6 billion-asset Atlantic

Organizers of the proposed Integrity Bank in Houston plan to raise $37 million of initial capital. The group said in

Bank of Marin Bancorp in Novato, Calif., recently purged securities from its balance sheet. The $4.1 billion-asset company said in

BM Technologies in Radnor, Pa., is dealing with regulatory approvals delays for its planned deposits partnership with First Carolina Bank

John Marshall Bancorp in Reston, Va., has sold nearly $162 million of securities at a loss. The $2.4 billion-asset company

Lakeland Financial in Warsaw, Ind., reported lower second-quarter profit after it fell victim to international wire fraud. The $6.5 billion-asset

Windsor Federal Savings and Loan in Windsor, Conn., has a new CEO. Luke Kettles also became the $750 million-asset bank’s

FedNow, the Federal Reserve’s instant-payments system, is live. The Fed said in a press release that 35 early adopting banks

Columbia Banking System in Tacoma, Wash., sold some loans and plans to sell some mortgage-servicing rights. The $53.6 billion-asset company

Banks in California and Oklahoma have raised capital through private placements of common stock. First Altus Bancorp, the parent of

Angelo Mozilo, one of the most-recognized faces of the 2008 financial crisis, has died. Mozilo, co-founder and former CEO of

Republic First Bancorp in Philadephia, Castle Creek Capital and Cohen Private Ventures have agreed to terminate a $125 million private

Another group is planning a bank in Houston. Organizers of the proposed Integrity Bank applied with the Federal Deposit Insurance

Blue Ridge Bankshares in Charlottesville, Va., has a new leader. The $3.3 billion-asset company disclosed in a regulatory filing that

Guaranty Bancshares in Addison, Texas, restructured a portion of its securities portfolio during the second quarter. The $3.2 billion-asset company

The Independent Bankers Association of Texas has formed a fintech accelerator program. The association said in a press release that

Capital Bank in Washington, D.C., has recruited a veteran banker to its board. The $2.2 billion-asset bank said in a

Jenius Bank, the digital-only division of Manufacturers Bank in Los Angeles, has debuted a new personal loan product. Jenius, which

Blue Ridge Bankshares in Charlottesville, Va., will not pay a dividend in the third quarter. The $3.3 billion-asset company disclosed

CapStack, a startup that is aiming to create an integrated operating system for banks, has raised $6 million. CapStack was

Another veteran bank analyst has accepted a job at a bank. Jennifer Demba announced on LinkedIn that she has become