Because of a lapse in quality control, a wrong photograph appeared on pages 1 and 18 of Monday's edition. The photo identified as Douglas Lester, former CEO of Trans Financial Inc., was actually of Herbert G. Summerfield, a PNC Bank Corp. executive who had no connection with the article. American Banker regrets the error.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.