Strategic Insights into Banking & Fintech

Dream First to buy Kansas branch from Bank of the Plains

Dream First to buy Kansas branch from Bank of the Plains

Dream First Bank in Syracuse, Kan, has agreed to buy a branch from Bank of the Plains in Plains, Kan. The $921 million-asset Dream First said in a press release that it will buy a Lakin, Kan., location, from the $442 million-asset Bank of the Plains. The branch had $15.3 million of deposits on June 30, based on data from the Federal Deposit Insurance Corp. The deal is expected to

November 20, 2025
Pinnacle in Georgia to buy Morris State Bancshares

Pinnacle in Georgia to buy Morris State Bancshares

Pinnacle Financial in Elberton, Ga., has agreed to buy Morris State Bancshares in Dublin, Ga. The $2.2 billion-asset Pinnacle said in a press release that it will exchange 0.1095 shares of its stock for each share of the $1.5 million-asset Morris. The deal is expected to close by early in the second quarter. Morris' shareholders will also receive a special dividend of 54 cents a share before closing. "As we

November 20, 2025
SR Bancorp in N.J. taps insider as next CEO

SR Bancorp in N.J. taps insider as next CEO

SR Bancorp in Bound Brook, N.J., will have a new CEO in 2026. The $1.1 billion-asset company said in a press release that Christopher Pribula will succeed William Taylor on Jan. 1. Pribula is SR Bancorp's president and chief operating officer. Taylor, who is retiring, will remain on the board. Neil Viotto, the company's senior mortgage lending officer, will become COO. “Bill has been extensively involved in many of the

November 20, 2025
Bank of Marin in California to purge securities porfolio after sub debt raise

Bank of Marin in California to purge securities porfolio after sub debt raise

Bank of Marin Bancorp in Novato, Calif., decided to rip off the Band-Aid when it comes to its securities portfolio. The company, which restructured its securities book at least twice in the past two years, said in a press release that it reclassified its entire held-to-maturity portfolio as available-for-sale. The plan is to book a fourth-quarter balance sheet adjustment for the difference between the market value and the book value

November 19, 2025
Fintech Kaaj raises nearly $4 million in seed round

Fintech Kaaj raises nearly $4 million in seed round

Kaaj, an AI-focused fintech that builds credit intelligence platforms for lenders, has more cash on hand. Shivi Sharma, the company's co-founder and president, announced in a LinkedIn post that it completed a $3.8 million seed round led by Kindred Ventures with participation from Better Tomorrow Ventures, Karman Ventures, Pythia Ventures, Coughdrop Capital, and angel investors. "The real validation is our customer trust and love," Sharma wrote. "The momentum is undeniable.

November 19, 2025
CBS Banc-Corp. in Alabama to buy TAG Bancshares in Georgia

CBS Banc-Corp. in Alabama to buy TAG Bancshares in Georgia

CBS Banc-Corp. in Russellville, Ala., has agreed to buy TAG Bancshares in Trenton, Ga. CBS, the parent of the $2.8 billion-asset CB&S Bank, will pay a cash consideration for the holding company of the $129 million-asset Citizens Bank & Trust, according to an announcement by Olsen Palmer, which advised the seller. The deal is expected to close in the first quarter. The price wasn't disclosed.

November 19, 2025
Organizers plan digitally-focused VALT Bank in Idaho

Organizers plan digitally-focused VALT Bank in Idaho

A group of U.S. Bancorp veterans is seeking approval to form a fully digital de novo bank. Organizers applied to the Federal Deposit Insurance Corp. on Nov. 17 to form VALT Bank in Eagle, Idaho. The goal is to create a digital business banking platform that includes loans, deposits, cash management and advisory services. Founders said in their application that the proposed VALT will be dedicated to “digitally demanding small

November 19, 2025
Community First Credit Union to buy First Southern in Georgia

Community First Credit Union to buy First Southern in Georgia

Community First Credit Union in Jacksonville, Fla., has agreed to buy First Southern Bank in Waycross, Ga. The $2.9 billion-asset credit union said in a press release that it reached a deal with FSBH Corp. to buy substantially all of the assets and assume most of the liabilities of the $400 million-asset First Southern. FSBH shareholders will receive about $17.14 in cash for each share of their common stock. The

November 18, 2025