
Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.
The bank agreed to acquire A Mortgage Boutique, which operates in six states.
The Mississippi bank will pay $108 million for the parent of FNB Bank, which has branches in Alabama, Georgia and Tennessee.
The Small Business Administration will allow lenders with less than $1 billion of assets to process applications in two days. The portal will open to all lenders on Tuesday.
Driver Management will try for a second straight year to gain a board seat at First United.
Organizers of First Bank of Central Ohio will need to raise $20 million before it opens.
Bankers have several unanswered questions about the Paycheck Protection Program before it reopens to select lenders on Monday. Among them: When will forms be available, and which portal will the Small Business Administration use?
Community banks will have access to allocated funds and at least two days of exclusive portal access when the Small Business Administration relaunches the Paycheck Protection Program.
The company, which reported a large third-quarter loss in October, plans to sell or shutter a quarter of its locations.
The California company, which focuses on technology companies and entrepreneurs, will make a big push into wealth management as part of the proposed acquisition.