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Organizers of Watermark Bank aim to open early next year.
By Hilary BurnsSeptember 18 -
The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.
By Hilary BurnsSeptember 17 -
The Delaware company said it recouped nearly two-thirds of the costs it incurred as part of a legal settlement reached earlier this year.
By Hilary BurnsSeptember 13 -
Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC.
By Hilary BurnsSeptember 12 -
With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week.
By Hilary BurnsSeptember 11 -
Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.
By Hilary BurnsSeptember 10 -
The French banking giant will lower its stake in First Hawaiian below 20% when the secondary offering is completed.
By Hilary BurnsSeptember 6 -
The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening.
By Hilary BurnsSeptember 4 -
The company and certain investors plan to sell $35 million in stock through the proposed offering.
By Hilary BurnsSeptember 4 -
Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.
By Hilary BurnsAugust 31