Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
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Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.
By Ken McCarthySeptember 27 -
Regulators may be willing to grant new charters, but economic uncertainties, capital hurdles and inexperience have led the organizers of numerous bank startups to give up in the last few years.
By Ken McCarthySeptember 25 -
The Maryland company says two recent deals, including its agreement to buy Revere Bank, give it the right amount of coverage across Washington's suburbs.
By Ken McCarthySeptember 24 -
The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.
By Ken McCarthySeptember 20 -
JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold.
By Ken McCarthySeptember 19 -
The company will offer deposit-related services to firms with permits for hemp and CBD.
By Ken McCarthySeptember 17 -
An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.
By Ken McCarthySeptember 12 -
Both banks focus on the Chinese-American community.
By Ken McCarthySeptember 6 -
Driver Management said it believes the company would create more shareholder value by finding a buyer.
By Ken McCarthySeptember 6 -
The Baltimore company will pay $31 million for MB Bancorp.
By Ken McCarthySeptember 6