
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.
PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and Bogota Savings Bank.
The company agreed to pay $41 million for Victory Community Bank.
Collins Community Credit Union has agreed to buy First Savanna Savings Bank.
The company also disposed of a large agricultural loan that was nonperforming.
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.
The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.
The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.
The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.