Ken McCarthy

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.

Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms.

Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion.

The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.

Jim McLemore has a new job just three months after orchestrating MidSouth's sale to Hancock Whitney.

Savings institutions are aggressively cutting staff and shortening hours to be more competitive. As a result they have become more efficient than commercial banks.