Georgia

Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.

The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.

The integration of Habersham Federal Credit Union into HALLCO Community Credit Union is expected to take several months.

A former market president for State Bank Financial would serve as CEO of the proposed Classic City Bank.

The Georgia bank's operating costs rose in the fourth quarter, but executives sought to assure shareholders that investments will produce revenue growth in the long run.

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors.

Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check.

The Tennessee company said Rob Garcia will be in charge of building a commercial banking team in the city.

The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial.

Jim McLemore has a new job just three months after orchestrating MidSouth's sale to Hancock Whitney.

Organizers have applied to form Craft Bank. If successful, the bank would become the third to open in the Atlanta area in recent years.

Mike Mercer had planed to work as part of the combined League of Southeastern Credit Unions until a least 2023, but recently approached the league's board with an early retirement request.

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

The Peach State is the latest to offer gamified savings programs as an incentive to draw in deposits and improve consumers' behavior.

The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.

John Rhea has served as president and CEO of the Georgia-based institution for 11 years.

BB&T and SunTrust had to sell the branches to get Justice Department approval of their merger, a key step toward closing the deal.

Three Rivers Credit Union in Bainbridge, Ga., and DOCO Credit Union in Albany, Ga., are expected to operate independently once the transactions are completed.

The Columbus, Ga., company had been counting on increased volume to offset a squeeze in net interest margins.