The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.

Credit unions and smaller banks can differentiate themselves by returning to the passion for personal service that first anchored their success, and payments are central to this strategy, according to Deborah Matthews Phillips, managing director of payment strategy at Jack Henry.

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

Its mobile banking app comes with bank accounts, merchant accounts, and instant credit on invoices. Behind it is a network of community banks that will gather the deposits the app brings in.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

Though it would be based in the nation's capital, MOXY Bank would also have significant operations in Charlotte, N.C.

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

On Sep. 30, 2018. Dollars in thousands.

On Sep. 30, 2018. Dollars in thousands.

Heartland said the sales will allow it to focus on other operations.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.

Robotic process automation is said to have a high return on investment, but adopting it on a large scale has proven challenging, especially at community banks.

The North Carolina company agreed to pay $38 million in cash for First South Bancorp.

Shareholder approval, usually a formality, is far from guaranteed when an acquirer's share price is sliding.

Silver River Community Bank is the fifth de novo in Florida to apply with the FDIC in the last three years.