Fidelity Bank in Wichita, Kan., plans to sell two branches in Oklahoma to WeStreet Federal Credit Union in Tulsa, Okla. The $3 billion-asset Fidelity applied with the Federal Deposit Insurance Corp. to sell the locations, according to a legal notice. The branches had a total of $27.1 million of deposits in mid-2022, according to FDIC data. Fidelity has 19 branches in other markets. Tulsa Federal Credit Union rebranded as WeStreet

CF Bankshares in Columbus, Ohio, plans to add several new commercial products in coming months. The $1.8 billion-asset company said in a press release that it will introduce swap fee services, cash management products and services and a new business credit card later this year. CF has also been making a push into Small Business Administration loans. Separately, the company said it will move into a new headquarters building later

Republic First Bancorp in Philadelphia has parted ways with its bank president. The $5.6 billion-asset company disclosed in a regulatory filing that Andrew Logue also stepped down as its chief operating officer on Jan. 31. Republic First said that Tom Geisel, its president and CEO, had succeeded Logue as bank president. Logue had served as the bank’s president and chief operating officer since May 2020. Logue’s departure comes as Republic

BayFirst Financial in St. Petersburg, Fla., will have a new CEO in 2024. The $939 million-asset company said in a press release that Anthony Leo will retire at the end of this year, though he will remain a director and special counsel for strategic matters. Thomas Zernick will succeed Leo as CEO. Zernick, who became president in February 2022, previously served as president of the company’s CreditBench government-guaranteed lending division.

Clackamas Federal Credit Union in Oak Grove, Ore., has rebranded as Embold Credit Union. The $612 million-asset credit union said in a press release that the new name reflects its expansion into five neighboring counties in August 2021. Embold worked with Strum Agency to select the new name.

Comerica in Dallas has formed a national investment banking group within its Comerica Securities unit. The $85 billion-asset company said in a press release that the new team will offer M&A and private placement advisory services to its commercial and wealth management clients. Jack Maier, head of investment banking, will lead the group. “As a leading bank for business, we seek to provide our customers with a comprehensive suite of

Upstart Holdings in San Mateo, Calif., is the latest fintech to lay off a large percentage of its workforce. The company disclosed in a regulatory filing that it will cut 20% of its staff, or roughly 365 people, by March 31. The move is designed to reduce operating costs, streamline operations and return the company to profitability. Upstart said it expects to incur about $15 million of total charges tied

First Bank of Baldwin in Wisconsin has rebranded as Pillar Bank. The $244 million-asset bank made the announcement on its website. The new name reflects expansion into new markets, including a branch that will open in Chippewa Falls, Wis., on March 1. “We felt it was time to change our name to better reflect our growth within and beyond the Baldwin community,” the bank said.