Truist Financial in Charlotte, N.C., has acquired Long Game, a gamified finance mobile app. The $544 billion-asset Truist did not disclose the price it paid. Long Game uses prize-linked savings and casual gaming to motivate smart financial behavior. The goal is to add new accounts and retain clients. Truist said it will leverage the acquisition to help clients “build long-term financial wellness and advance its purpose to inspire and build better lives and

Lewis Critelli, who is retiring as president and CEO of Norwood Financial, will become the Honesdale, Pa., company’s chairman. The $2.1 billion-asset company said in a press release that Critelli will take on the new role after he steps down from his leadership posts on May 9. Critelli joined the bank in 1995 as chief financial officer. He has been president and CEO since 2010.  The company said in March that James

Midland States Bancorp in Effingham, Ill., is working with LendingPoint to fund consumer loans using the AI-driven fintech's national network of point-of-sale relationships. The $7.3 billion-asset Midland States said in a press release Monday that it expects outstanding balances to increase by $200 million to $250 million over the next couple of years due to the partnership. “As one of the first community banks to engage in fintech partnerships, we have benefited

Origin Bancorp in Ruston, La., has added the CEO of a community development financial institution to its board. The $8.1 billion-asset Origin said in a press release Monday that Daniel Chu was elected as a director at its April 27 annual meeting. Chu is the founder and CEO of Tricolor Holdings, a Dallas CDFI that uses technology to advance financial inclusion to the Hispanic community.  Chu’s “entrepreneurial mindset and vast experience

A Chicago company that provides AI solutions for lenders has resubmitted an application for deposit insurance for a proposed de novo bank.    Organizers of BetaBank filed a new application with the Federal Deposit Insurance Corp. on Thursday. The group originally applied with the FDIC last summer.    The bank would operate as a unit of Beta Financial Services, which is consistent with the original application. Beta Financial plans to apply

California BanCorp in Oakland, Calif., has a new president. The $1.9 billion-asset company said in a press release Monday that Thomas Sa was also named president of its bank, effective immediately. Sa will remain the company’s chief financial officer and chief operating officer. Sa succeeded Steven Shelton, who remains CEO. The move “reflects the growth of the company and the management structure we believe is best suited to continue effectively executing on the

A group of shareholders has urged Republic First Bancorp in Philadelphia to hold a special meeting.George Norcross III, Gregory Braca, Philip Norcross and Avery Conner Capital Trust sent a written request to the $5.4 billion-asset company’s board on Thursday for the meeting. “Consistent with its fiduciary duties, the board, together with its advisers, is reviewing the notice,” Republic First said in a regulatory filing. Republic First recently disclosed that it will delay

Sterling Bancorp in Southfield, Mich., has started having discussions with federal agencies to resolve longstanding issues tied to its Advantage Loan Program. The $2.8 billion-asset company said in a press release Monday that talks with the Department of Justice and the Office of the Comptroller of the Currency are under way. Investigations by both agencies “have progressed significantly,” Sterling said. “It is too early in the process for us to have any