Retail & Commercial

Sandy Spring Bancorp in Olney, Md., said that its insurance unit bought The Advantage Group, which offers personal, business and life insurance to clients in Maryland, northern Virginia and Washington.

Cash has been notoriously stubborn in light of the relentless onslaught of new payment methods, and though it has started a very slow decline, it is perhaps decades away from declaring defeat.

WSFS Financial in Wilmington, Del., has agreed to buy the assets of Powdermill Financial Solutions in Wilmington.

The startup firm Paymency is seeking to offer an API-driven "banking-as-a-platform" service to the U.S. financial services industry.

Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.

A proposed 50% expansion to the Low Income Housing Tax Credit program would yield new opportunities for banks to finance development projects and meet their Community Reinvestment Act obligations.

Community Bank of the Chesapeake in Waldorf, Md., has handed its chief risk officer some serious additional duties. James Burke became president of the $1.2 billion-asset bank on July 28; he will remain risk chief and an executive vice president, also.

Bots have slowly begun to creep onto the online payments scene, and they could offer a whole new, simpler way to part with our cash.

Consistent marketing doesn't mean your offer gets better with each try, but it increases the odds of making a pitch when your customers are actually listening.

First Hawaiian Bank in Honolulu expects to raise up to $558 million in an initial public offering after its parent BNP Paribas Group decided to spin off the unit rather than sell it.