The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia.

The company plans to use the new capital to pursue growth opportunities.

Alliance Bank Central Texas may have found a way around National Credit Union Administration regulations that make it difficult for banks to buy credit unions.

The Montana company agreed to buy Heritage Bancorp for $241 million.

The first quarter proved sluggish for overall merger activity. Here are notable deals announced in March.

Bonnie Lee will succeed C.G. Kum, who is retiring as CEO next month.

Lenders argue that the move is premature, citing record-low charge-offs in the agency's 7(a) program.

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen.

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

Most banks have an array of charitable endeavors designed to get workers involved. But the ones on our Best Banks list have built an emotional connection with employees

Sure, M&A is a good option, but so are branch deals or key hires, say two veteran bankers who shared some of their successful strategies at American Banker’s Retail Banking Growth Stories conference.

Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in the Sunshine State.