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The Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares.1h ago
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The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.July 1
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Neil Dauby, the Indiana company's chief commercial banking officer, will have oversight of all operations, reporting directly to Chairman and CEO Mark Schroeder.July 1
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Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.July 1
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Investar Holding called off its deal to buy Cheaha Financial in Alabama.July 1
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Reading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities. Its leaders say it’s part of a broad strategy to develop new pipelines of talent and better serve low-income communities.June 30
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Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.June 30
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Two years after a consumer protection law changed how banks and other companies handle customer information, a new proposal aims for more sweeping reforms.June 28
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Arbor Bancorp and FNBH Bancorp said the pandemic had created uncertainty about the regulatory process for securing approval for the deal.June 25
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More than half of Toronto's population is foreign-born — a higher proportion than New York, Paris, London or Sydney — and about 52% identify as a visible minority. But the city's diversity fades in the upper echelons of its financial firms.June 24
