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Seacoast readily agreed to buy First Green Bank. The next step is determining which of the seller's programs, including car-charging stations and discounted rates for green projects, to keep.
August 23 -
A Florida politician who has run a pro-medical marijuana campaign said Wells Fargo closed her account over her ties to the industry, adding that the incident was an example of the challenges legal cannabis businesses face from the U.S. financial system.
August 20 -
Legacy tech vendors have traditionally offered decadelong contracts. But given constant change in the industry, small banks today should push for three-year deals, a bank CEO says.
August 14 -
The transaction was set up to give Mercantil more autonomy to expand in South Florida, Houston and New York.
August 13 -
Customers Bancorp said Flagship Community Bank has temporarily withdrawn its application with the FDIC to acquire the digital bank.
August 10 -
JetStream FCU’s Jeanne Kucey says her greatest goal as NAFCU board chair is regulatory relief for credit unions, and she'll do whatever she can to achieve that in the year ahead.
July 30 -
The credit union plans to retain all employees of Oculina Bank, whose CEO says the merger will allow Oculina branches to provide more products and services.
July 26 -
The $1.1 billion credit union is set to acquire the $350 million Oculina Bank, subject to regulatory approval.
July 26 -
The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.
July 24
American Banker -
Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.
July 24 -
The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal.
July 24 -
The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.
July 24 -
First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.
July 23 -
The company will no longer originate indirect auto loans outside of Florida and Georgia.
July 20 -
OneUnited in Boston recently issued a debit card supporting immigrants, taking a public stand on a divisive national issue.
July 18 -
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.
July 16 -
This is the trade association’s 15th such filing in response to disputes regarding credit union websites and the Americans with Disabilities Act.
July 11 -
The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.
July 10 -
Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.
July 6 -
Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch.
June 13














