Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County.

The Virginia bank has submitted the paperwork for Carolina State Bank, adding to the list of groups looking to open the state's first de novo since 2009.

Seacoast's deposits in the central Florida city will increase by 49% after it completes the $133 million acquisition.

The company will pay $114 million to gain 10 branches and $482 million in assets.

Despite bipartisan support, the latest congressional effort to enable the legal marijuana industry's access to the banking system still faces plenty of roadblocks.

Studio Bank is set to become Nashville's first new bank since 2008. Organizers raised $46 million earlier this year.

Chief among the tips shared at Digital Banking 2018 were: be willing to experiment, seek out partners, rethink cost-cutting and small banks should stop making excuses.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

In a break with his own Justice Department, President Trump suggested Friday he would sign a bill co-authored by Sen. Elizabeth Warren to protect financial institutions that help legal marijuana businesses.

Developing technology in-house and then licensing it is one way a small bank can build a reputation as an innovator.

It's tough to explain the bizarre way the CFPB handled the decision to dismiss the members of three advisory councils earlier this week.

The bipartisan legislation would enable business in legal-marijuana states to access banking services, removing a key hurdle for a fast-growing industry.

President and CEO Joseph Ficalora took a 33% pay cut in 2017, but shareholders still rejected the plan by a wide margin.

Ameris Bancorp said that Edwin Hortman will step down as president and CEO in July but will continue as chairman.

Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality.

Paring down branches, product offerings and business lines can help banks succeed.

First Midwest Bancorp has agreed to buy Northern States Financial in Waukegan, Ill., for $91 million.

First Internet Bancorp in Fishers, Ind., which went public in 2013, could also use the capital for acquisitions and other investments.

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.