Cambridge Financial Group in Cambridge, Mass., has agreed to buy First Seacoast Bancorp in Dover, N.H. The $7 billion-asset Cambridge said in a press release that it will pay $80.9 million in cash for the $599 million-asset First Seacoast. The deal is expected to close in the third quarter. “At the heart of both institutions is a shared belief in the power of relationships – knowing our customers, supporting our

OptimumBank Holdings in Ft. Lauderdale, Fla., has shaken up its management. The company disclosed in a regulatory filing that Timothy Terry had retired as principal executive officer and has president and CEO of its bank. Moishe Gubin, OptimumBank Holdings' chairman, was named CEO of the company and bank. Braden Smith was named the bank's president. He was the chief business development officer at Amerant Bank.

Zions Bancorp. in Salt Lake City will report a big gain from selling Visa stock. The Salt Lake City company disclosed in a regulatory filing that it sold 460,000 shares it gained in 2007 tied to Visa's restructuring and public offering. Zions said it will report a $215 million pretax gain from the sale in the second quarter.

JPMorgan Chase in New York brought back a former executive to run its blockchain business. Oli Harris shared on LinkedIn that he was named head of Kinexys. "The focus ahead: expand our digital settlement infrastructure and tokenization capabilities, strengthen partnerships across public and private networks, and drive innovation at the intersection of TradFi and digital assets," he wrote.

Otoma, a payments-focused fintech, has new leadership as part of its official launch. The New York fintech said in a press release that Peter Reynolds had become CEO and Reuven Ben Menachem is now chairman. Both had senior roles at Fundtech, a payments technology provider. "Otoma is positioning its platform as an AI-native alternative to traditional payments infrastructure, aiming to reduce banks’ reliance on external vendors and shorten the time

Kirkpatrick Bank in Oklahoma City has a new leader. The bank said in a press release that Kyle Powell had become its president and CEO. Powell, who had been an executive vice president, succeeded George Drew, who is now vice chairman. Drew had been president and CEO of 19 years.

BayFirst Financial in St. Petersburg, Fla., has a new investor and new leadership. The $1.2 billion-asset company said in a press release that it raised $80 million in a private investment of convertible preferred stock. BayFirst also announced that Alfred Rogers had become president and CEO of its bank and will also assume those roles at the company once approved by regulators. Rogers, who recently served as chief lending officer

Interra Credit Union in Goshen, Ind., has agreed to buy The Hicksville Bank in Ohio. The $2 billion-asset Interra did not disclose what it will pay for the $217 million-asset bank. “This marks an important step in our journey and reflects a shared commitment to community banking, personal relationships, and long-term service,” the bank said in a statement.