Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years.

Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions.

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

The company expects to report a $15 million gain in the fourth quarter from the stock sales, which will more than offset any deferred-tax impairment tied to recently passed tax reform.

The company has agreed to pay more than $50 million for United American Bank.

The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati.

GOP Rep. Ed Royce of California said this week that he will leave Congress at the end of the year, removing his name from the list of contenders to lead the Financial Services Committee next year.

Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment.

Minneapolis Fed President Neel Kashkari acknowledges that his plan to raise capital at the biggest banks and ease burden for smaller ones isn't likely to be enacted soon, but says its time will come.

Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services.

The final plan to end "too big to fail" suggests that banks with less than $10 billion be subject to a much less complicated risk-based capital regime, akin to what was required in Basel I.

The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans.

Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers.

The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes.

Despite impending data requirements, many small banks are still struggling with automating loan risk calculations.

Calling the move "depressing," Chairman Ken LaRoe said the decision to stop working with medical marijuana firms came after certain investors objected. Recent moves by the federal government cemented the call.

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.

United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit.

A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers.

MidSouth Bancorp in Lafayette, La., has appointed one of its regional executives to the newly created post of chief banking officer and moved to appoint a veteran turnaround banker to its board.