Delaware

Emigrant Bank in New York has asked for regulatory approval to double its ownership stake in The Bancorp in Wilmington, Del.

Delaware, whose business-friendly laws have lured more than half the country's publicly traded corporations and more than 60% of the Fortune 500 to incorporate in the state, is now vying to become a hub for blockchain technology.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.

Kevin Thompson, who had been selected for the post in November, notified the $6 billion-asset company that he will remain at Zions Bancorp. in Salt Lake City to be near members of his immediate family who were involved an accident shortly after he accepted the WSFS post.

The Bancorp in Wilmington, Del., has agreed to pay a $3 million civil money penalty to address issues tied to electronic fund transfer practices.

The Bancorp in Wilmington, Del., is looking for a new chief executive. The $4.7 billion-asset company said that Frank Mastrangelo resigned as CEO to become its technologist in residence.

WSFS Financial in Wilmington, Del., has hired Kevin Thompson as chief financial officer. He succeeds Steve Fowl, who in the first quarter became CFO of Seacoast Banking in Stuart, Fla.

The $5 billion-asset company said in a press release Tuesday that Gail Ball recently served as head of the payment studies group at the Federal Reserve Bank of Richmond.

WSFS Financial in Wilmington, Del., has made a number of executive changes following the planned departure of its chief financial officer.

WSFS Financial in Wilmington, Del., has agreed to buy Alliance Bancorp Inc. of Pennsylvania in Broomall.

The chief financial officer of WSFS Financial in Wilmington, Del., is leaving the bank holding company for Seacoast Banking in Stuart, Fla.

SEAFORD, Del. — The members who get the most out of their relationship with $252 million Sussex County Federal Credit Union received a Valentine's Day present of sorts.

The Bancorp in Wilmington, Del., reported a quarterly loss as it racked up higher expenses to resolving anti-money laundering issues.

Malvern Bancorp in Paoli, Pa., has entered a partnership with Bell Rock Capital in Delaware to offer wealth management services.

The Bancorp in Wilmington, Del., has sold nearly $267 million of commercial loans to an investor group.

James Ladio, a former chief executive of MidCoast Community Bank in Wilmington, Del., was sentenced to two years in prison for his role in a fraudulent loan scheme.

The Bancorp in Wilmington, Del., will have a new chief executive next year.

Wells Fargo plans to sell an $8.5 billion portfolio of federal student loans to Navient, the educational loan servicer that recently split off from Sallie Mae.

The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.

CLAMONT, Del. — Transforming one location of Eagle One FCU here has transformed branch traffic as well.