Paul Davis

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.

The Soboba Band of Luiseño Indians plans to form a holding company and raise $25 million for Legacy Bank.

The FDIC is pursuing the penalty five years after hitting the Delaware company with a consent order tied to BSA and AML compliance.

The issue, tied to how the company reconciles corporate accounts to its general ledger, is not expected to impact past financial statements.

A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

BB&T and SunTrust had to sell the branches to get Justice Department approval of their merger, a key step toward closing the deal.

Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.

The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009.

More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.

The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management.