Community banking
Community banking
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Founder and executive chairman Edward Nigro will step back into the top executive spot after Ryan Sullivan informed the company he didn't plan to renew his employment contract.
September 5 -
Organizers of the planned Portrait Bank say they're well ahead of initial capital-raising goals as they near completion on leasing a property to serve as headquarters
September 4 -
The giant custody bank plans to offer specialized instruction in cybersecurity, AI and other topics to 1,000 community bank executives.
September 3 -
Roland Harbin of First Chatsworth Bankshares in Georgia is part of a trend of bank directors continuing to serve well beyond the traditional retirement age.
September 3 -
Orlando-based Cogent Bank has hired a team to finance single-tenant net lease properties, an asset class characterized by exceptional credit quality.
September 2 -
Four years after its launch, the Mission Driven Bank Fund has ended its fundraising well short of its original $500 million target. Still, organizers are hopeful that the fund's performance will attract other investors to the sector.
August 26 -
Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
August 22 -
Horizon Bancorp said it will raise about $200 million in capital to fund a major balance-sheet restructuring. The move would dilute existing shareholders, and the company's stock price dipped on Thursday.
August 21 -
The faster timelines for completing bank mergers this year reflects a transformed regulatory environment under the Trump administration. In several cases, deals have closed just a few months after they've been announced.
August 20 -
The deal brings together a banking core provider and a digital banking software platform to offer an end-to-end tech product for community and regional banks.
August 19