Community Banking

Oklahoma City-based BancFirst agreed to pay an undisclosed sum for SpiritBank. The deal comes just seven months after the buyer completed another in-state acquisition.

Independent Community Bankers of America is launching a new campaign comparing community banks with crypto companies, and highlights potential harm that the latter could pose to Main Street.

Rising assessment fees and the fear of punitive actions under newly installed state regulator Rohit Chopra may push some California-chartered banks to switch to a federal overseer, some industry observers say.

Adam Metz has spent the past decade in senior management roles at Pennsylvania-based Orrstown. For the past year, Metz, served as chief operating officer and the designated successor to departed CEO Thomas Quinn.

The bank's first institutional fundraising round brought its total funding to $222 million.

Capital Community Bank is preparing to launch its fintech-focused rebrand by the end of this month.

Republican Sen. Joni Ernst is calling for more scrutiny of 10 lenders that were ejected from a Department of Agriculture program. Several of the lenders are pushing back, questioning officials' characterizations of their lending results and announcing appeal plans.

While the move is seen in a positive light, lenders and Trump administration officials are still angling to raise the loan-size limit within the agency's flagship 7(a) program.

The Omaha, Nebraska-based company announced its second purchase of a Kansas City-area bank in just over a year. It plans to keep expanding in the fast-growing market, according to Chairman and President Clark Lauritzen.