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Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.
By Hilary BurnsApril 18 -
Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.
By Hilary BurnsApril 18 -
An increase in total loans and a lower tax rate helped the Mississippi company offset revenue it lost after selling a consumer finance business.
By Hilary BurnsApril 17 -
A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.
By Hilary BurnsApril 17 -
Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS.
By Hilary BurnsApril 17 -
New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans.
By Hilary BurnsApril 16 -
The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state.
By Hilary BurnsApril 13 -
The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.
By Hilary BurnsApril 12 -
The music streaming services are becoming popular advertising vehicles for community and regional banks.
By Hilary BurnsApril 10 -
Community banks are slowly warming up to the pricey technology to reduce their reliance on branches, speed up transactions and provide convenience for customers.
By Hilary BurnsApril 5