
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.
Walter Kaczmarek, who ran the bank from 2005 to 2019, will also serve as interim president following the retirement of Keith Wilton.
The Indiana company said the move reflects a need to cut costs and customers' increased preference for digital channels.
The Honolulu company said the "non-public, fact-finding inquiry" by the Securities and Exchange Commission focuses on its calculations for earnings per share.
Payservices would use deposits largely to support its existing business. It has no plans to make loans.
The Delaware company's pending purchase will create a bank with $43 billion of assets under management.
Andrew Harmening, who oversaw Huntington's digital strategy, will succeed the retiring Philip Flynn as president and CEO of the Wisconsin regional bank in April.
The company has formed a special committee to find a successor for James Ford, who will retire as president and CEO next year.
The unnamed investors will pay about $50 million for Northern California National Bank through a tender offer.
Lawrence Seidman will provide capital markets advice and financial analysis to the Pennsylvania company.
The company would gain its first branches around Annapolis after it buys Severn Bancorp in a deal valued at $146 million.