A group with ties to Vernon Hill has suggested replacing him as CEO of Republic First Bancorp in Philadelphia. George Norcross III, Gregory Braca and Phillip Norcross suggested in a Jan. 31 letter to the $5.4 billion-asset company’s board that it should consider hiring Braca to replace Hill.  Braca once served as president and CEO of TD Bank, which bought Commerce Bank in 2007 after Hill was removed as that bank’s

Western Alliance Bancorp in Phoenix has acquired a fintech that offers a digital payments platform for the class-action legal industry. The $50 billion-asset Western Alliance said in a press release that it had bought Digital Settlement Technologies in Los Angeles, which operates as Digital Disbursements. Western Alliance did not disclose the price it paid. Digital Disbursements, formed in 2019, allows claimants to choose how they would like to receive payments. The deal “furthers

ACNB Corp. in Gettysburg, Pa., has agreed to buy an insurance agency in Gettysburg. The $2.8 billion-asset ACNB said in a press release Tuesday that it will buy Hockley & O’Donnell Insurance Agency. The deal is expected to close in the “near future,” the company said. ACNB did not disclose the price it will pay. “We are very pleased to have entered into this agreement and look forward to promptly closing this transaction,” James

BayFirst Financial in St. Petersburg, Fla., has a new bank president. The $917 million-asset company said in a press release Tuesday that Tom Zernick would be responsible for coordinating First Home Bank’s various business lines and for overseeing its delivery and support functions. Zernick has been president of CreditBench, the bank’s Small Business Administration lending division, since 2016. Anthony Leo remains the bank’s CEO. BayFirst also said that Robin Oliver has been promoted to

Southern Bancorp in Arkadelphia, Ark., has agreed to buy FCB Financial Services in Jonesboro, Ark. The $2.1 billion-asset Southern said in a press release Monday that it expects to buy the parent of the $200 million-asset Premier Bank of Arkansas in the second quarter. It did not disclose the price it will pay. The agreement comes less than two months after Southern received an infusion of capital from the Treasury Department's Emergency

Heartland Financial USA in Dubuque, Iowa, is moving ahead with a plan to consolidate its 11 bank charters. The $19.3 billion-asset company said in a press release Monday that the banks will collapse into a single Colorado-based charter. Each bank will operate under its own brand after the consolidation. The effort is expected to begin in mid-2002 and be completed by the end of 2023. Heartland expects to incur $19 million to $20

Banner County Ban Corp. in Harrisburg, Neb.., has agreed to buy Bankers Capital in Lusk, Wyo. The $228 million-asset Banner County said in a press release that it expects to complete the purchase of Bankers Capital and its $68 million-asset Lusk State Bank in the second quarter. Banner County did not disclose the price it will pay. Banner County will gain a branch in Wyoming. Lusk State will operate as an independent

Midland States Bancorp in Effingham, Ill, will continue to work with GreenSky to develop a pipeline of consumer loans. The $7.4 billion-asset company said during its quarterly earnings call that the relationship will continue through at least 2023. GreenSky is being acquired by Goldman Sachs in a deal that is expected to close later this quarter. Midland States has been working with GreenSky for about a decade. Midland States has