The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.

The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.

Separate apps for banking and PFM are too much for most customers to handle, so the Canadian bank is adding automated advice and savings to mobile banking — and it’s relying on artificial intelligence and predictive analytics to make it all work.

Mark Thompson had previously been a CenterState regional president overseeing the South Florida market.

The accounting firm says only a "very few" clients were affected by the cyberattack; former CEO Mike Cagney's wife, the lender's chief tech officer, is leaving.

Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs.

In a new book, Mehrsa Baradaran argues that the same forces of poverty that African-American banks were supposed to alleviate are now holding them back.

Chemical Financial and Fidelity Southern are the latest banks to curtail auto lending, blaming trends in auto sales and overheated competition.

Credit unions are getting lots of recognition for the good work they do, but they're also making sure to hand out plenty of awards of their own.

Out-of-control email chains, long meetings, haphazard approaches — that was project "management" at Exchange Bank in California. It took five years, but those things have changed.

Acting Comptroller of the Currency Keith Noreika on Monday gave a ringing endorsement to online lenders seeking to expand into banking, suggesting they should consider taking deposits and seek out national bank charters as they mature.

Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.

Ellen Patterson is one of just 21 TD employees with an EVP title globally and the only female EVP based in the United States.

The job descriptions of Bank of the West's branch employees have changed substantially, so each of them has received a 'passport' as a symbol of their journey.

Heather Cox is USAA's first-ever chief technology and digital officer.

Sound Community Bank CEO Laura Lee “Laurie” Stewart has made a career of going against the grain, and her bank’s investors, employees and customers are all better for it.

American Banker on Sep. 25 announced its 15th annual ranking of the Most Powerful Women in Banking and Finance.

The millennial advisory board at Centric Financial is far from being symbolic. CEO Patricia Husic, who aims to be on the leading edge of engaging with millennials, is making decisions based on its recommendations.

Under Diane Morais, Ally Bank is growing deposits at a rate four times faster than the industry average.

As Huntington's chief regulatory liaison, Helga Houston deserves much of the credit for the fact that the Fed approved the FirstMerit acquisition in just 185 days.