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The Securities and Exchange Commission has given community banks and other small companies more flexibility to issue private stock, but even more flexibility should be granted to fulfill congressional intent.
June 9
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WSFS Financial Corporation in Wilmington, Del., is looking to raise $100 million through the sale of notes and plans to use the proceeds for a range of purposes, including possible acquisitions.
June 9 -
Hot demand for shares of Enterprise Bancorp in Lowell, Mass., has prompted the bank to double the size of its secondary offering.
June 7 -
Ottawa Savings Bancorp in Ottawa, Ill., is planning its second-step conversion.
June 3 -
How Eastern Bank pulled off something few community banks have: launching a digital lending product that the 197-year-old mutual dreamed up in its innovation lab.
June 2
- California
First Republic Bank in San Francisco plans to raise about $178 million through a common stock offering.
June 1 -
Paragon Commercial could raise up to $29 million when the Raleigh, N.C., company conducts its initial public offering.
May 27 -
First Internet Bancorp in Indianapolis plans a secondary offering of about $20 million of common stock.
May 24 -
HomeStreet in Seattle has raised $65 million from issuing senior debt. The $4.8 billion-asset company said in a press release Friday that the proceeds from the offering with support growth and other general corporate purposes.
May 20 -
National Commerce in Birmingham, Ala., has issued $25 million in subordinated debt.
May 20
