Paul Davis

The New Jersey company will add three branches in the northern part of the state as part of the transaction.

The company also plans to shed some corporate office space by the end of this year.

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

The Justice Department alleges that the bankers worked with “higher-ranking bank officials” at Washington Federal Bank for Savings in Chicago to falsify records and hide funds before the bank's December 2017 collapse.

The company said the sale will provide more consistent financial results and allow it to redeploy funds to support other businesses.

The company will use Savoy's midtown Manhattan office to coordinate business development efforts around the city.

The Los Angeles company will remain a community development financial institution when it acquires the parent of City First Bank in Washington.

USAL Bancorp will have nearly $300 million in assets after it buys Escambia County Bank.

The company will pay $156 million for a bank with a large Small Business Administration lending platform.

The Missouri company 's deal for Clifford Bancshares is set to close later this year.

The deal for Our Community Bank comes two months after Crane agreed to acquire Community State Bank of Southwestern Indiana.

Crane Credit Union's deal for Our Community Bank comes two months after it agreed to acquire Community State Bank of Southwestern Indiana.

ViZ Bank would eventually have branches across several major U.S. cities, including Dallas, Denver and Atlanta. It would also offer a program to help former inmates build savings and establish credit.

The proposed combination would create a bank with $3 billion in assets in central Virginia.

Richard Marotta left the Boston company less than two weeks after a goodwill impairment charge contributed to a large quarterly loss.

Cypress Trust Co. has requested deposit insurance from the Federal Deposit Insurance Corp.

Spinning off its digital bank will allow Pennsylvania-based Customers to beef up its commercial lending and buy other banks. BankMobile, meanwhile, plans to pursue more white-label relationships and perhaps explore its own acquisitions.

The digital bank would be sold to Megalith Financial, allowing Customers to focus on commercial lending and letting BankMobile expand more aggressively.

The company will pay an undisclosed amount of cash for Marshall Financial, the parent of Citizens Bank.

First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year.