Retail & Commercial

An Ogan-led effort to overhaul the bank's retail strategy yielded a better-than-expected increase in consumer and business deposits and improvements in cross-selling.

Reissman joined Seacoast in 2014 and led several departments before being promoted to chief marketing officer last year.

The nation’s largest mortgage lender plans to use a new partnership with the financial technology company AutoFi to sell more cars to its home loan customers.

Western Union, the world’s largest money-transfer provider, will soon test banking products for its customers.

The digital-only bank has adopted machine learning to process loans faster, more accurately and with better fraud detection than in the past.

Most executives are comfortable crossing over $1 billion of assets, where more frequent exams are the biggest supervisory change. But few are eager to take on the compliance burdens that accompany the jump above $10 billion.

Smaller lenders have proved more aggressive than their larger rivals in making new loans during the farm country rebound. Market watchers warn that the price boom may not last.

The Paycheck Protection Program has about $8 billion remaining, with those funds earmarked for community development financial institutions, minority depository institutions and other mission-driven lenders.

The Arkansas company will gain branches around Nashville as part of the acquisition.

The company agreed to pay $104 million for a one-branch bank with $391 million of assets.