Hilary Burns

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking.

Bob Rivers, CEO of Eastern Bank, was praised and criticized after he called out a Boston sports radio station whose on-air personalities made insensitive remarks. The incident underscores why bankers must be mindful about the positions they take.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.

The company, which recently shared a three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the ouster of its CEO.

The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.

Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.

Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing deposits to their larger rivals.

Investors, a former serial acquirer that has been sidelined by an informal order tied to Bank Secrecy Act compliance, has hired an executive from EverBank.