The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia.

Shamir Karkal’s startup, Sila, is launching an API platform that gives developers a way to connect traditional bank systems to distributed ledgers like Ethereum.

The company plans to use the new capital to pursue growth opportunities.

Bank managers should remember their roots and keep their hands in business development, even as they climb the ranks.

Alliance Bank Central Texas may have found a way around National Credit Union Administration regulations that make it difficult for banks to buy credit unions.

The Montana company agreed to buy Heritage Bancorp for $241 million.

The Earnin app appears designed to look like other early wage access programs, but critics say it’s actually a payday lender and New York regulators have taken notice.

The first quarter proved sluggish for overall merger activity. Here are notable deals announced in March.

Bonnie Lee will succeed C.G. Kum, who is retiring as CEO next month.

Lenders argue that the move is premature, citing record-low charge-offs in the agency's 7(a) program.

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen.

The loan origination fintech is offering the product in a stand-alone format and as part of the workflow for its mortgage and home equity loan products.

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.

The executive is leaving after two years of coast-to-coast commuting; the interest rate on the loan declines as the borrower achieves technology goals.

Customers are starting to reveal more to private bankers when they use GoTo, the bank's strategy chief Rilla Delorier says.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.