Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019.

The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks.

The benefits include improved financial inclusion, the chairman of the NCUA argues.

The promise of post-closing payments encourages top executives to pursue deals that aren’t necessarily in their self-interest, but investors may eventually raise concerns that the packages are expensive and too focused on the short term.

The Los Angeles company set aside more money to cover a problem loan after an updated appraisal of the credit's collateral.

A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital.

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.

The recent Dodd-Frank rollbacks for smaller banks could encourage risk-taking that leads to a systemic issue.

Luis Massiani has been the company's chief financial officer since 2012.

CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.

Bask Bank will offer customers AAdvantage miles for every dollar saved.

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.

The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.

The company, which sold the business to a group of former employees, will shut down its operation this quarter.

Bankers may not want to hear this, but communities benefit when credit unions buy banks.

The company will acquire the parent company of First National Bank of Manchester and Bank of Waynesboro for $85 million.

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

The company will pay $64 million to significantly increase its scale in the Tampa Bay area.

A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.