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The de novo, which raised $33 million in initial capital, will become the state's third new bank since the 2008 financial crisis.
March 19 -
Jay Murray has spent 30 years with the corporate credit union but plans to leave in June to spend more time with family.
March 19 -
The Florida bank will expand to the east with its pending purchase of Hillsboro Bank.
March 18 -
The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017.
March 18 -
Members of the Gunther family who own about a third of the Utah company's stock said they plan to vote against several directors at this year's annual meeting.
March 18 -
Keith Costello, who is looking to form Locality Bank, was president and CEO of First Green Bank when it was sold in 2018.
March 18 -
Goldman Sachs Group’s plan to move part of its asset management unit to Florida is gaining momentum, as the Wall Street bank discreetly seeks volunteers for the first wave and prepares office space.
March 18 -
First Internet CEO David Becker used to be dismissive of the Small Business Administration. But after getting to know some of the borrowers during the pandemic — and after his bank collected hefty fees from selling 7(a) loans — he's become a convert.
March 17 -
The company will pay $29 million for Town-Country National Bank in Camden, Ala., which will operate as its own subsidiary after the deal closes.
March 16 -
Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities. But Truist's recent $1.25 billion bond is a sign that regionals want to attract progressive institutional investors — and burnish their images.
March 15 -
Longtime leader John Young plans to retire at the end of 2021, and the credit union has hired Humanidei to find a replacement.
March 15 -
Walter Kaczmarek, who ran the bank from 2005 to 2019, will also serve as interim president following the retirement of Keith Wilton.
March 15 -
The Indiana company said the move reflects a need to cut costs and customers' increased preference for digital channels.
March 15 -
After digging deep into member data, Randolph-Brooks FCU in Texas developed a marketing campaign aimed at persuading JPMorgan Chase clients to switch to the credit union's own card. It's an effort its peers could imitate.
March 15 -
Since late last year, a number of large and regional banks have either replaced their CEOs or announced plans to do so in the coming weeks. Here's an introduction.
March 14 -
Harmening, set to take the helm of Associated Banc-Corp next month, is being asked to replicate the digital transformation he led at Huntington Bancshares. His career path is a signal to the industry’s rising stars that the road to the corner office includes hands-on technology work.
March 12 -
Large banks and aggregator sites, like Bankrate, tend to outperform regional and community banks, but smaller institutions can compete by publishing valuable content and creating web pages for individual branches.
March 12 -
Mark Kelly will step down next month as president and CEO of the Oklahoma City-based institution. He will be succeeded by the credit union's executive vice president.
March 12 -
The $21 million deal would combine Feather River Bancorp, a small bank with deep local roots, and Plumas Bancorp, which has deeper pockets and a broader array of products and services.
March 11 -
Juan Fernandez Ceballos will take the helm at the state league following Paul Stull’s retirement this summer.
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