New York Community Bancorp in Hicksville has filled two high-profile vacancies. The $113.9 billion-asset company said in a press release that

Primis Financial in McLean, Va., will restate three quarters of financial statements – and amend a fourth – to address

Metropolitan Bank Holding in New York is getting out of Banking-as-a-Service. The $7.1 billion-asset company disclosed in a regulatory filing

New York Community Bancorp in Hicksville said that Thomas Cangemi had resigned as president and CEO, it had identified a

Indiana State University Federal Credit Union in Terre Haute is looking for a CEO. The $130 million-asset credit union said

A group has terminated an agreement to invest in Republic First Bancorp in Philadelphia. The group, which includes George Norcross

Green Dot in Austin, Texas, has set aside $20 million to cover a proposed consent order from the Federal Reserve

FirstBank in Lakewood, Colo., has a new CEO lined up. The $28.2 billion-asset bank said in a press release that

New Peoples Bankshares in Honaker, Va., will soon have a new leader. The $826.3 million-asset company said in a press

Esquire Financial Holdings in Jericho, N.Y., is headed to Southern California. The $1.6 billion-asset company said in a press release

Wells Fargo in San Francisco has recruited a former JPMorgan Chase executive to serve as its vice chairman. The $1.9

Southern States Bancshares in Anniston, Ala., has agreed to buy CBB Bancorp in Cartersville, Ga. The $2.5 billion-asset Southern States

Citizens National Bank in Bluffton, Ohio, has a new CEO. The $987 million-asset bank said in a press release that

Stockton Bancshares in Stockton, Kan., has agreed to buy Coffeyville Bancorp in Coffeyville, Kan. Stockton, the parent of the $310

Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, have received conditional approval from the Federal Deposit Insurance Corp.

Zions Bancorp. in Salt Lake City has shaken up its executive ranks following two retirements. The $87 billion-asset company said

Discover Financial Services would pay Capital One Financial in McLean, Va., a nearly $1.4 billion if it opts to sell

Lineage Bank in Franklin, Tenn., which once had big Banking-as-a-Service (BaaS) aspirations, is the latest fintech collaborator to receive an

U.S. Bancorp in Minneapolis has formed a division to serve private capital firms and global asset managers. The $663 billion-asset

Chickasaw Community Bank in Oklahoma City will soon have a new CEO. The $485.5 million-asset bank said that Bill Schonacher

Mechanics Bank in Walnut Creek, Calif., is looking for a new CEO. John DeCero recently retired from the $18 billion-asset

Navy Federal Credit Union in Vienna, Va., will soon have a new leader. The $170 billion-asset credit union said that

PB Financial in Rocky Mount, N.C., has raised more capital. The $982 million-asset company sold $11.8 million of common stock

Bruce Lee plans to retire as president and CEO of Heartland Financial USA in Denver. The $19.4 billion-asset company said

Capital One Financial in McLean, Va., has agreed to buy Discover Financial Services in Riverwood, Ill., for $35.3 billion. Capital

PNC Financial Services Group in Pittsburgh has a new president.   The $562 billion-asset company said in a press release

Truist Financial in Charlotte, N.C., has agreed to sell the remaining stake in its insurance business. The $535 billion-asset company

Toast, a digital technology platform for the restaurant industry, plans to cut about 550 jobs. The fintech said in a

Finward Bancorp in Munster, Ind., has split the roles of chairman and CEO. The $2.1 billion-asset company disclosed in a

Community Bank System in Syracuse, N.Y., revised its fourth-quarter earnings to take into account a decision to settle a potential

Hometown Financial Group in Easthampton, Mass., has agreed to buy North Shore Bancorp in Peabody, Mass. The $4.7 billion-asset Hometown

Quaint Oak Bancorp in Southampton, Pa., is selling stock to another Puerto Rican investor. The $754 million-asset company disclosed in

Mission Lane, a Richmond, Va., consumer fintech company, has replaced its CEO after raising more capital. The company said in

ValueBank Texas in Corpus Christi has promoted an insider as its next president. Seth Watts announced on his LinkedIn profile

Parlay, which developed a B2B SaaS platform for alternative credit scoring, has raised $1.3 million of pre-seed financing. The fintech

Guild Mortgage in San Diego has agreed to buy Academy Mortgage in Salt Lake City. The price wasn’t disclosed. Academy

Capital Funding Bancorp in Baltimore didn’t have to look far to find its new bank CEO. The holding company for

Cambridge Savings Bank in Cambridge, Mass., has a new CEO. The $6 billion-asset mutual bank said in a press release

PNC Financial Services Group in Pittsburgh plans to invest $1 billion over the next five years to open more than

Liberty Bank in Middletown, Conn., has expanded its digital-only bank to three new states. The $7.5 billion-asset mutual bank has

New York Community Bancorp in Hicksville made it clear that Alessandro DiNello is in charge. The $116.3 billion-asset company disclosed

Heartland Financial USA in Denver has agreed to sell nine Montana branches. The $19.4 billion-asset Heartland said in a press

Community State Bank in Ankeny, Iowa, has a new president. The $1.4 billion-asset bank said in a press release that

Primary Bank in Bedford, N.H., has a new CEO. The $700 million-asset company said in a LinkedIn post that Crystal

American Honda Finance, automaker Honda's financing arm, said it is being investigated by the Consumer Financial Protection Bureau over its

First Financial Bancorp in Cincinnati has agreed to a five-year, $2.4 billion community benefits agreement. The $17.5 billion-asset company, under

Grove Bank & Trust in Miami has a new president. The $1 billion-asset bank named Ed Joyce to fill the

SouthState in Winter Haven, Fla., was the victim of a cyberattack.   The $44.9 billion-asset company disclosed in a regulatory

Provident Bancorp in Amesbury, Mass., is back to having just one president and CEO. The $1.7 billion-asset company disclosed in

BankFinancial in Burr Ridge, Ill., has reached a truce with an activist investor and added two directors to its board.

Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, are more than halfway to hitting their initial capital target.

The former CEO of Heartland Tri-State Bank in Elkhart, Kan., which failed in July, has been indicted on charges of

Empeople Credit Union in Moline, Ill., has agreed to buy TSB Bank in Lomira, Wis. The $2 billion-asset Empeople expects

Dutch neobank bunq withdrew its application for a U.S. banking license. Bunq said that issues emerged among its Dutch regulator,

Pilot Bancorp in Pilot Grove, Iowa, has agreed to buy Wayland State Bank in Mt. Pleasant, Iowa. Pilot, the parent

Wildfire Credit Union in Saginaw, Mich., has a new leader. The $1 billion-asset credit union said in a press release

SESLOC Credit Union in San Luis Obispo, Calif., has lined up its next CEO. The $1.1 billion-asset credit union said

GreenState Credit Union in North Liberty, Iowa, has a new CEO. The $11 billion-asset credit union said in a press

New York Community Bancorp in Hicksville is looking to ease concerns about its balance sheet and management team. The $116.3

The Federal Reserve terminated an enforcement action with Farmington State Bank in Washington. The Fed said that it ended the

Star Bank in Maple Lake, Minn., has applied to buy Community Development Bank in Hancock, Minn. The $380 million-asset Star

UMB Financial in Kansas City, Mo., has a new president.   The $44 billion-asset company said in a press release

NorthEast Community Bancorp in White Plains, N.Y., has sold its wealth management division. The $1.8 billion-asset company said in a

LendingClub in San Francisco has been released from an operating agreement tied to its 2021 purchase of Radius Bancorp. The

F.N.B. Corp. in Pittsburgh agreed to pay $13.5 million to settle redlining claims in North Carolina. The Department of Justice

CoastalSouth Bancshares in Hilton Head Island, S.C., raised $12 million through a private placement of common stock. The $2 billion-asset

Truist Financial in Charlotte, N.C., agreed to sell investment manager Sterling Capital Management to Guardian Capital Group in Toronto. Guardian

Peoples Bank & Trust in Pana, Ill., has agreed to buy Arcola First Bank in Arcola, Ill. The $539 million

First National in Strasburg, Va., reported a quarterly loss due to issues with commercial loans originated by a third-party lender.

Regions Financial in Birmingham, Ala., plans to cut 600 jobs, or roughly 3% of its workforce. Roughly 70% of the

Vast Bank in Tulsa, Okla., once a pioneer in serving as a custodian of cryptocurrency, disabled and removed its crypto

The Office of the Comptroller of the Currency assessed a $65 million civil money penalty against Royal Bank of Canada’s

Dogwood State Bank in Raleigh, N.C., has agreed to buy Community First Bancorp. in Seneca, S.C. The $1.4 billion-asset Dogwood

Arrow Financial in Glens Falls, N.Y., reported lower earnings that included margin pressure, a securities loss and a gain from

Business First Bancshares in Baton Rouge, La., has agreed to buy Waterstone LSP, a company that helps small banks and

Carver Bancorp said it “definitively rejects” an investor's offer to buy a 35% stake in the New York bank. The

Get used to hearing more about MountainSeed Real Estate Services after it secured its third sale-leaseback transaction in the past

WaFd in Seattle has finally secured regulatory approval to buy Luther Burbank in Santa Rosa, Calif. The $22.6 billion-asset WaFd

Central Pacific Financial in Honolulu reported lower quarterly profit that reflected margin pressure, a higher loan-loss provision and a securities

New York Community Bancorp in Hicksville, which bought the failed Signature Bank last year, slashed its dividend after credit issues

Cadence Bank used proceeds from the sale of its insurance business to more than offset a large securities sale. The

Heritage Financial in Olympia, Wash., reported lower earnings that reflected securities sales and an expense-cutting effort. The $7.2 billion-asset company

Southern California Bancorp in San Diego has agreed to buy California BanCorp in Oakland. The $2.4 billion-asset Southern California said

The Office of the Comptroller of the Currency plans to revoke a rule that limits the amount of time it

Advia Credit Union in Kalamazoo, Mich., has agreed to buy NorthSide Community Bank in Gurnee, Ill. The $3 billion-asset Advia

Bank of Marin in Novato, Calif., continued to purge its balance sheet. The $3.8 billion-asset company said in a press

Sierra Bancorp in Porterville, Calif., offset the costs of selling securities with proceeds from a sale-leaseback transaction. The $3.7 billion-asset

Beacon Credit Union in Wabash, Ind., has agreed to buy substantially all of the assets and liabilities of Mid-Southern Savings

TD Bank has unveiled a three-year, $20 billion community development plan. The Canadian bank said in a press release that

CORRECTION: A previous version of this article identified the wrong company and the regulatory order was incorrect. The errors have

Primis Financial in McLean, Va., acquired a 19% stake in Panacea Financial Holdings as part of the fintech’s recent Series

First Hawaiian in Honolulu reported lower earnings that reflected margin pressure, securities losses and a special assessment from the Federal

The Office of the Comptroller of the Currency now considers Blue Ridge Bank in Charlottesville, Va., to be in a

WSFS Financial in Wilmington, Del., had a noisy fourth quarter. The $20.6 billion-asset company said in a press release that

Kearny Financial in Fairfield, N.J., said it recently sold some real estate holdings and restructured its bank-owned life insurance portfolio.

HomeTrust Bancshares in Asheville, N.C., has decided to exit indirect auto lending and “right-size” its mortgage operations. The $4.7 billion-asset

Valley National Bancorp in New York reported lower quarterly profit that included a higher loan-loss provision and costs tied to

More banks continued to absorb losses from securities sales during the fourth quarter. Carter Bankshares in Martinsville, Va., sold $30

Origin Bancorp in Ruston, La., posted a decline in quarterly profit that reflected margin pressure and the sale of securities.

Hanover Bancorp in Mineola, N.Y., filed a shelf registration to raise up to $50 million in capital over time. The

FVCBankcorp in Fairfax, Va., reported a net loss in the fourth quarter after it purged its securities portfolio and closed

Simmons First National in Pine Bluff, Ark., reported a messy fourth quarter that included a securities loss, a higher loan-loss

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