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Ken Lehman will gain a 40% stake in the Tennessee bank as part of a broader plan to raise $13 million.
June 12
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Gate City Bank announced that Kevin Hanson, who has been at the bank for 36 years, will succeed Steve Swiontek as CEO next month.
June 11
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The number of mergers approved in the first quarter was down significantly but experts are unsure of how long that will last.
June 11
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The Tampa-based institution says it is poised for growth, but the new asset class also opens it up to additional scrutiny from the CFPB.
June 10
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One consultant offers tips on how to better understand – and compete with – new entrants to the financial services marketplace.
June 10
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Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.
June 7
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Columbia plans to incorporate certain aspects of Stewardship Financial's charitable giving into its own foundation.
June 7
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The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank.
June 6
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DNB had been facing pressure from an activist investor to consider selling itself.
June 6
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The company will pick up five branches as part of the $48 million deal.
June 5
