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Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.
August 3 -
Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.
August 3 -
Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.
August 2 -
A task force created by the American Bankers Association asserts that applying for a bank charter is too time-consuming and that some de novo rules are too rigid.
August 2 -
Despite continued industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.
July 31 -
At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.
July 31 -
Organizers of Dogwood State Bank want to open Raleigh's first new bank since the financial crisis.
July 26 -
Richwood Bancshares will get closer to $1 billion in assets after it buys Home City Financial.
July 26 -
Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.
July 26 -
The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.
July 26