Strategic Insights into Banking & Fintech

Parkside Financial expanding in Colorado with First American deal

Parkside Financial expanding in Colorado with First American deal

Parkside Financial in St. Louis, Mo., has agreed to buy First American Bancorp in Greenwood Village, Colo. The $1.1 billion-asset Parkside said in a press release that it expects to buy the $277 million-asset First American in a cash-and-stock transaction expected to close in the fourth quarter. The price wasn't disclosed. “First American has built a strong legacy of relationship-based banking in Colorado,” James Wagner, co-founder and CEO of Parkside

September 3, 2026
Equity Bancshares in Kansas to buy Lincoln Bancorp in Iowa

Equity Bancshares in Kansas to buy Lincoln Bancorp in Iowa

Equity Bancshares in Wichita, Kan., has agreed to buy Lincoln Bancorp in Reinbeck, Iowa. The $7.7 billion-asset Equity said in a press release that it will pay $123.8 million in cash and stock for the $1.7 billion-asset parent of Lincoln Savings Bank. The deal is expected to close in the fourth quarter. “This partnership marks an important step in our long-term strategy for Iowa,” Brad Elliott, Equity’s chairman and CEO,

September 3, 2026
First National of Nebraska to buy InBankshares in Colorado

First National of Nebraska to buy InBankshares in Colorado

First National of Nebraska in Omaha has agreed to buy InBankshares in Denver. First National, part of the $35 billion-asset First National of Nebraska, said in a press release that it will pay between $200 million and $204 million in cash for the parent of the $1.4 billion-asset InBank. InBankshares shareholders may receive a special dividend immediately before closing. “InBank is strategically and culturally aligned with FNBO and represents an

September 2, 2026
TabaPay raises $155M, agrees to buy Transact Bank in Denver

TabaPay raises $155M, agrees to buy Transact Bank in Denver

TabaPay in Palo Alto, Calif., raised $155 million and agreed to buy Transact Bank in Denver. The money movement platform said in a press release that the funding round was led by FTV Capital. The $6.5 million-asset bank would be rebranded as TabaBank if the acquisition closes; the price wasn't disclosed. TabaHoldings is the proposed bank holding company. The bank acquisition is expected to close in the fourth quarter. “For

September 2, 2026
Earned-wage fintech Immediate raises $13 million in new funding round

Earned-wage fintech Immediate raises $13 million in new funding round

Immediate, an earned wage access and financial wellness platform, closed a $13 million Series B led by BankTech Ventures. The Birmingham, Ala., fintech said in a press release that Castle Creek Launchpad and BankSouth also participated in the funding round. Immediate also expanded its existing working capital facility with Always.bank.‍ The capital will be used to accelerate product innovation, expand strategic distribution partnerships, support growth in the employer market, and

September 2, 2026
Former FDIC chairman William Isaac dies

Former FDIC chairman William Isaac dies

William Isaac, the former Federal Deposit Insurance Corp. chair who steered the agency through financial turbulence of the 1980s, died Friday at age 82 from complications related to Lewy body dementia. Isaac's death came just months after he retired from Sarasota Private Trust. Isaac was appointed to the FDIC board in 1978 and later named chairman by President Ronald Reagan, becoming the youngest person to lead the agency at the

September 2, 2026
Mid Penn in Pennsylvania adds Gregory Braca to its board

Mid Penn in Pennsylvania adds Gregory Braca to its board

Mid Penn Bancorp in Pennsylvania is adding a familiar name in area banking to its board. The $7 billion-asset company said in a press release that  Gregory Braca will join its board on Sept. 16 Braca led TD Bank's U.S. retail, commercial, and specialty banking operations as president and CEO of the $400 billion-asset institution. He currently chairs Ironlight, a tokenized real-world-asset exchange, sits on the board of Intellicheck, and advises

September 2, 2026
Essex Mortgage seeks bank charter in Texas

Essex Mortgage seeks bank charter in Texas

Essex Mortgage is seeking a bank charter. The business, legally known as Data Mortgage, applied with the Federal Deposit Insurance Corp. and the Texas Department of Banking to open Bank Elevated in Frisco. The applications were not immediately available.

September 1, 2026