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The Virginia company told investors that Morgan Davis, its president, will soon succeed founding CEO Robert Aston, who is retiring.
June 22 -
Chemical Financial was caught off guard by CEO David Ramaker's decision to retire. Fortunately, Chemical had retained Talmer Bancorp CEO David Provost after buying his bank a year earlier.
June 21 -
When brewery software provider OpHouse strated to grow, it turned to its CEO's connections in the tech incubator community to find a new payments gateway
June 21 -
David Provost will succeed David Ramaker as the Michigan company's CEO. Provost ran Talmer Bancorp, which Chemical bought last year.
June 21 -
With interest in these cross-industry deals growing, the CU credited with the first whole-bank acquisition is launching a CUSO to facilitate the process.
June 20 -
The offering would be a big milestone for Byline Bancorp, which was recapitalized in 2013 by a group led by former Banco Popular North America CEO Roberto Herencia.
June 19 -
Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.
June 16 -
Jonathan Oliver succeeds Stephen Stapp, who left SF FCU in 2016 to take the helm at Unitus Community CU in Portland, Ore.
June 13 -
Here are 10 banks the investment banking firm KBW says are ripe M&A targets because they are in hot markets, face various growth challenges that make them vulnerable or have private-equity owners looking to cash out.
June 8 -
Bill would replace much of Dodd-Frank but is unlikely to become law; online retailer is expected to expand Amazon Lending program to small businesses in the U.S., U.K. and Japan.
June 8 -
Keeping up a long-running trend, the number of federally insured CUs declined to 5,737 in Q1 2017 from 5,954 in Q1 2016.
June 7 -
Citizens Financial is going out of market to find midsize businesses in need of credit or advisory services in uncertain times. It is a good example of the resiliency that regional banks are showing amid softer loan demand, Washington gridlock and still-low interest rates.
June 6 -
Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union.
June 5 -
More than half of the company's loans and deposits would be in the Atlanta area after it buys Resurgens Bancorp.
June 2 -
How do the top-performing banks continue to post double-digit returns, despite having the same serious profit-dampening challenges as their peers? The answer isn't exactly straightforward.
May 31
Capital Performance Group -
Financial Institutions in Warsaw, N.Y., has replaced earlier plans for a typical stock sale with an at-the-market program.
May 31 -
The company was set to sell a 24% stake in itself to buy two Tennessee banks but has restructured the arrangement to avoid a potential conflict cited by a regulator.
May 30 -
Bay Area CU launches Business Banking Division to increase, diversify loan portfolio.
May 24 -
The $3.2 billion-asset company is making a bigger push into northern Indiana with its agreement to buy Lafayette Community Bancorp.
May 24 -
Management reports assets, membership continue to grow into 2017.
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