MVB Financial in Fairmont, W.Va., has agreed to buy Integrated Financial Holdings in Raleigh, N.C.    The $3 billion-asset MVB said in a press release Friday that it will pay $98 million in stock for the parent of the $435 million-asset West Town Bank & Trust. The deal, which is expected to close in the first quarter, priced IFH at 128% of its tangible book value.    West Town has

ConnectOne Bancorp in Englewood Cliffs, N.J., has formed a division to focus on health care prospects and clients. The $8.8 billion-asset company tweeted an announcement about its health care commercial banking team. “Our expert team will work to provide clients with custom-tailored solutions so they can focus on delivering the highest-quality care to their patients,” the company tweeted. James Vincenti will lead the health care team. He previously worked at Valley National Bank,

BTC Bank in Bethany, Mo., has agreed to buy Merchants and Farmers Bank of Salisbury in Missouri. The $934 million-asset BTC said in a press release that it expects to gain approvals to buy the $118 million-asset Merchants and Farmers over the next two months. Integration is expected to take place in October. The price wasn’t disclosed.Merchants and Farmers “strongly aligns with BTC Bank’s culture, values and dedication to its customers and

Meridian Corp. in Malvern, Pa., has entered Florida after hiring a former bank CEO. The $1.9 billion-asset company said in a press release that it has opened a loan-production office in Bonita Springs, near Fort Myers. Meridian hired Wayne Griest, former CEO of Continental Bank in Philadelphia, to lead the Florida expansion. Griest moved to Bonita Springs after Continental was sold Bryn Mawr Trust in 2014. The company said it has already hired

Farm Bureau Bank in Reno, Nev., plans to buy small-business loans originated by Funding Circle as part of a new partnership with the online lending platform. The $807 million-asset bank said the loans it buys will include those made to the agricultural community. “Our work with Farm Bureau Bank reflects our ongoing commitment to identifying and pursuing partnerships that allow us to support affordable funding options for diverse small business owners across

Pacific West Bank in West Linn, Ore., could soon have a new president. The $300 million-asset bank said in a press release that Jason Wessling is set to take over the post, subject to regulatory approval. He will remain Pacific West’s chief financial officer and join the board. Wessling "was the first executive recruited after the capital raise in 2018,” Terry Peterson, the bank’s CEO, said in the release. “His accomplishments were magnified

Comerica in Dallas has tapped an insider to oversee its national lending platforms. The $87 billion-asset company said in a press release Thursday that Mike Ritchie had been named head of national and specialty businesses, a newly created position. He had been Comerica’s Michigan market president since 2013. Steve Davis, who had been Comerica’s senior vice president of middle-market banking, succeeded Ritchie as Michigan market president. He will oversee business and community

PNC Financial Services Group in Pittsburgh is the latest large bank to eliminate nonsufficient fund (NSF) fees for consumer clients. The $552 billion-asset company did not disclose the financial impact of the move or when it will stop charging the fees. "PNC is focused on building a platform that empowers the financial well-being of its customers," Alex Overstrom, the company’s head of retail banking, said in the release. "Over the last several years,