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Bankwell Financial Group in New Canaan, Conn., has issued $25.5 million in subordinated debt and it plans to exit the Small Business Lending Fund program.
August 19 -
New Jersey Community Bank's chairman has resigned, less than four months after he quit as chief executive of the Freehold bank.
August 19 -
Avidia Bank of Hudson, Mass. has contracted payments technology company FIS to offer card-free ATM transactions through a mobile app.
August 19 -
Heritage Oaks Bancorp in Paso Robles, Calif., has named Jason Castle chief financial officer, following CFO Lonny Robinson's resignation after grooming him for the job.
August 19 -
The Treasury Department announced Tuesday that members of the public will have an additional month to submit comments about the online marketplace lending industry.
August 18 -
Bank of New York Mellon has agreed to pay $14.8 million to settle Securities and Exchange Commission allegations that it used its internship program to violate the Foreign Corrupt Practices Act.
August 18 -
Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.
August 18 -
The recapitalization will allow City National Bank to continue as a certified Community Development Financial Institution, the bank said.
August 18 -
First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.
August 17 -
Astoria Financial in Lake Success, N.Y., has named a former Citigroup banker a director of business banking.
August 14