Banc of California in Santa Ana will soon have a new bank president as part of a series of executive shifts. The $9.4 billion-asset company said in a press release that Hamid Hussain will take over the role on Jan. 1. Hussain, who is president of commercial and real estate banking will succeed Jared Wolff, who remains the company’s president and CEO and the bank’s CEO. Banc of California also

Sandy Spring Bancorp in Olney, Md., is the latest bank to eliminate nonsufficient funds (NSF) fees for personal accounts. The $13.9 billion-asset company said in a press release that it also made changes to its overdraft policy and fees as part of a comprehensive review process. "Individuals and families want to be in control of their banking in ways that best meet their financial goals, regardless of when, how and

Genesis Bank in Newport Beach, Calif., is making a bigger push into banking homeowners associations. The $125 million-asset bank said in a press release that it has formed a HOA banking division to provide products and services to property management companies, homeowners and condo associations and their governing bodies. Products include online and mobile banking, treasury management, lockbox services, payment processing and fraud protection. “Our veteran team of bankers is

Several banks are combining the roles of chairman and CEO heading in 2023. Sandy Spring Bancorp in Olney, Md.; Burke & Herbert Financial Services in Alexandria, Va.; and Synovus Financial in Columbus, Ga., are among the companies that announced moves that will take place on Jan. 1. The $13.9 billion-asset Sandy Spring said that Daniel Schrider, its president and CEO, would succeed Robert Orndorff as chairman. Orndorff will remain on

Patrick Sells has left NYDIG to co-found a company that will help financial institutions with digital upgrades and vetting fintech partners. Sells, who was NYDIG’s chief innovation officer, has formed True Digital along with Ryan Alfred. He was chief innovation officer at Quontic Bank before joining NYDIG. “I am launching into a new endeavor with a loose plan,” he said in a LinkedIn postv. “I want to focus on helping

Binance.US in Palo Alto, Calif., has agreed to buy Voyager Digital’s assets for about $1 billion. Voyager, which has been navigating the bankruptcy process since July 5, said in a press release that Binance provided the “highest and best bid for its assets after a review of strategic options.” Voyager said the bid “sets a clear path forward” for its customer funds to be unlocked as soon as possible. Voyager's

Calvin B. Taylor Bankshares in Berlin, Md., has a new chairman. The company said in a press release that Tom Coates was also named chairman of its $931 million-asset bank. Coates, a director since May 2014, is a member of accounting firm Coates, Coates and Coates. He also chairs the bank’s governance committee and is a member of the audit committee. Coates' “legal and accounting background and previous board leadership

ACNB in Gettysburg, Pa., is applying its brand to its operations in Maryland. The $2.7 billion-asset company said in a press release that NWSB Bank and FCB Bank will become ACNB Bank on Jan. 1. The current brands will be retired. “We believe this brand alignment will eliminate any confusion for our customers who bank in multiple markets, as well as will allow us to operate more cohesively under one