The Illinois company, four months removed from its last bank acquisition, just announced the biggest purchase in its history. Alpine Bancorp. will add low-cost deposits and scale to Midland States' wealth management business.
TD Bank has pledged $3 million to provide credit counseling to small-business owners. The hope is that those owners will use commercial loans to replace personal credit cards and home equity as their primary forms of business funding.
Howard Bancorp CEO Mary Ann Scully was so keen on buying 1st Mariner that she met with a representative of one of the Baltimore company's three largest shareholders before meeting with management, and she kept talking with them. It worked.