Ken McCarthy

David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial.

The company's new platform targets a narrow customer segment ⁠— frequent fliers.

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.

A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital.

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.

Luis Massiani has been the company's chief financial officer since 2012.

Bask Bank will offer customers AAdvantage miles for every dollar saved.

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors.

Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year.

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

Following a 44% jump in the number of CU-bank acquisitions in 2019, some observers believe the volume could plateau this year.

While the Maryland company claimed it has margins and credit issues under control, it couldn't provide any clarity on rising legal expenses.

Executives at Beach Community want to pursue more acquisitions in central Florida.

The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.

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.