Organizers of Integrity Bank for Business must raise around $19.9 million before they can open the bank.

Rep. Andy Barr, R-Ky., has introduced legislation to make it easier for new community banks to open in areas that are underserved by the banking system.

The Iowa company, which operates a dozen individually branded banks, now has a name that matches its stock symbol.

The company will gain seven branches, including one in Richmond, Va., after it acquires Sevier County, which is based in eastern Tennessee.

Heritage Southeast Bank in Georgia will become the latest community bank to stop paying federal taxes when it merges into VyStar Credit Union later this year. It's time for Congress to investigate this consolidation trend and its impact on taxpayers.

The San Francisco company has now backed 11 minority-owned banks as part of a $50 million pledge it announced last year.

Brian Mauntel, who previously served as president of Heartland Bank in Ohio, will join Citizens Business Bank in late April.

The Wisconsin company is paying $248 million for Mackinac, which has $1.5 billion of assets and $1.3 billion of deposits.

Banking trade groups have called for congressional hearings following the Jacksonville, Fla.-based credit union's agreement to purchase the $1.6 billion-asset Heritage Southeast Bank, the largest deal of its kind to date.

The Baltimore community bank is experimenting with fee-based checking accounts that bundle cellphone protection, roadside assistance and other perks with an app that makes such services easier to use. Early returns are promising.

The California company has not established a time or pricing for the IPO.

The announcement comes about six months after Boston-based Eastern raised $1.7 billion through an initial public offering.

JAM FINTOP Banktech will fund startups that offer services designed for the banking industry. All 66 limited partners are banks.

The Boston company has acquired three insurance agencies since becoming fully stock-owned in October 2020.

On Dec. 31, 2021. Dollars in thousands.

The Independent Community Bankers of America asked lawmakers to investigate credit unions' M&A activity after VyStar announced what would be the biggest purchase of a bank by a credit union.

USI Insurance Services agreed to buy Northwest Insurance Services in a deal that should close later this quarter.

The Illinois company would gain its first two branches in Winnebago County as part of the deal.

The Texas company has agreed to acquire HubTran, which offers artificial intelligence and machine learning capabilities for the transportation sector.

Heritage Southeast Bank in Georgia, at $1.6 billion of assets, would become the largest bank to be sold to a credit union.