Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.

The results did not include the company's purchase of CoBiz, which closed last month.

Organizers plan to raise $25 million to $35 million in initial capital to focus on small and midsize businesses in northern Virginia.

A smaller provision for loan losses helped counteract declining loan volume and higher expenses during the third quarter.

The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.

The agency’s biennial survey showed gradual improvement in access to mainstream banks, but over 14 million adults lack ties to a federally insured institution.

Frank Sorrentino, CEO of ConnectOne, says bankers who are unwilling, or unable, to invest in technology upgrades may have to find buyers as competition heats up.

The association has invited FIS, Fiserv and Jack Henry to join a committee tasked with helping smaller institutions modernize technology.

Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services.

Better web access, paid for by banks, could go a long way toward moving the unbanked into the mainstream. It was one of many ideas batted around at a recent a conference on the role fintech can play in promoting financial inclusion.

The gap in attitudes and outlook on gender inclusion is wide enough that women and men in financial services often have entirely different takes on gender in the workforce, with men much more likely to have an outsized positive view on progress in gender inclusion.

The bank failed to tell investors that the success of its cross-selling was built on “sales practice misconduct at the bank,” the state attorney general said.

In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity are developing an "UltraFICO" score that lets individuals share checking and savings account data and help lenders better assess risk.

Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.

The challenger bank is “rebundling” banking, offering more pieces of traditional financial services for a flat monthly fee.

The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it.

The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.

The company is facing criticism after a big chargeoff on two properties, showing that investors have little patience when a risky business model shows signs of distress.

Driver Management said it would also support National Bankshares if it decided to sell itself.

Cash is king when it comes to community events, and event organizers know this; which is why they hire qualified, professional mobile ATM companies to manage the ATMs they have on site, writes Yonas Marcos, president and CEO of Star Financial Services.