Pathward unveiled its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank®, N.A. earlier this year. The new name and branding reflect the company’s commitment to...
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October 05, 2022, 08:00 AM
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Premier Bank announced the addition of Ty A. Otto as Vice President, Commercial Lender.Otto joins Premier Bank with over 25 years of commercial lending experience. He most recently worked as Vice President, Business Development for a community bank...
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October 04, 2022, 07:00 AM
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Civista Bancshares announced the signing of a definitive stock purchase agreement pursuant to which Civista will acquire all of the issued and outstanding shares of Pittsburgh-based Vision Financial Group, Inc. (VFG), a privately held, independent...
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October 03, 2022, 08:05 AM
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Santa Cruz County Bank announced the future retirement of Executive Vice President and Chief Financial Officer, Vic Davis. Davis will continue to serve in his current role with the bank to support a successful transition to his successor.Davis' over...
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September 28, 2022, 08:00 AM
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CNB Community Bancorp, Inc. announced that after a comprehensive search, Joseph R. Williams has agreed to become President and Chief Executive Officer of the company, and its wholly owned subsidiary, County National Bank, which will be effective upon...
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September 19, 2022, 06:00 AM
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WireFX, a Minnesota-based fintech startup and Stearns Bank announced their partnership to enable end-to-end cross-border payments for Stearns Bank retail and business customers. WireFX’s Global Payments as a Service (GPaaS) platform is now...
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September 13, 2022, 07:00 AM
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J.P. Morgan signed an agreement to acquire Renovite Technologies, Inc. (Renovite), a leading cloud-native payments technology company.The strategic acquisition of Renovite will help J.P. Morgan Payments build its next-generation merchant acquiring...
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September 12, 2022, 07:42 AM
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BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the signing of a definitive merger agreement with Mechanics Banc Holding Company, the parent company of Mechanics Bank, Water Valley, MI, under which BankFirst will...
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September 02, 2022, 07:00 AM
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First Commonwealth Financial Corporation and Centric Financial Corporation jointly announced the signing of a definitive Agreement and Plan of Merger providing for the merger of Centric with and into First Commonwealth in an all-stock transaction...
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September 01, 2022, 06:00 AM
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First Internet Bank announced that Vice President, Portfolio Manager, Public Finance Kathryn “Katy” Clayton has been named President of the Board of Directors for the Indiana Chapter of Women in Public Finance (WPF). Ms. Clayton has been with First...
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August 29, 2022, 08:00 AM
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Capital City Bank Group, Inc. (CCBG) announced that, effective Jan. 1, 2023, Jep Larkin will be named Executive Vice President and Chief Financial Officer to succeed J. Kimbrough Davis, who has elected to retire after a distinguished 41 years with...
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August 26, 2022, 08:00 AM
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Sumitomo Mitsui Financial Group, Inc. (SMFG) announced it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank will launch and operate as a new division of Manufacturers Bank, a California state-chartered...
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August 25, 2022, 08:00 AM
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U.S. Bank expands reporting services for custody clients; creates suite of alternative asset data metrics U.S. Bank launched a full suite of lifecycle data metrics, with faster reporting on private equity, hedge fund and other alternative fund data....
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August 18, 2022, 06:00 AM
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Funding Circle, a leading online small business lending platform, and Farm Bureau Bank, a financial institution focused on serving members of the Farm Bureau and their neighbors in rural communities, have announced a partnership to provide capital to...
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August 12, 2022, 07:00 AM
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Farmers Bank, a state-chartered, FDIC insured bank headquartered in Parsons, Tennessee, has formed a new partnership with a group of investors led by E. H. "Sonny" Bringol, Jr. of Victorian Finance, LLC in Pittsburgh, PA. Mr. Bringol and his team...
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August 08, 2022, 04:00 AM
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The PNC Financial Services announced its treasurer and longtime finance leader, Randall King, will retire from the company, effective Sept. 1. During his 39-year career with PNC, King has played key roles in helping manage PNC’s liquidity and capital...
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August 01, 2022, 08:08 AM
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Independent Bank Group appointed Paul Langdale as Chief Financial Officer. Langdale is replacing Michelle Hickox, who has served as Chief Financial Officer of Independent Bank Group, Inc., and its subsidiary Independent Bank since 2012. Ms. Hickox...
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August 01, 2022, 05:00 AM
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Bank First Corporation, the holding company of Bank First, announced the signing of an Agreement and Plan of Merger with Hometown Bancorp, parent company of Hometown Bank, a Wisconsin state-chartered bank, under which Bank First has agreed to acquire...
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American Challenger Development Corp., announced that it and Patriot National Bancorp (Patriot), the holding company for Patriot Bank, have mutually agreed to terminate their merger agreement, previously announced on November 14, 2021, under which...
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PNC Bank announced Brian Bucher will retire as Regional President for North Florida effective Oct.7 following a distinguished 40-year career in financial services. Succeeding him will be PNC Senior Vice President of Corporate Banking and former BBVA...
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First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products...
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Lakeland Bank announced its Healthcare Banking division is expanding to new markets across the North and Southeast as well as the Midwest. Services are now available in Massachusetts, Ohio, Virginia and Florida in addition to New Jersey, New York...
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WSFS Financial announced it sold the business of BMT Insurance Advisors (BMTIA), an independent insurance brokerage and risk management consulting firm throughout the United States that builds custom insurance solutions for consumers and businesses...
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Alerus Financial Corporation announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank...
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M&T Bank announced plans to launch its Multicultural Small Business Innovation Lab in Bridgeport, CT. This seven-week program is designed to help local multicultural business owners thrive, grow and pursue new ideas by providing guidance and skills...
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New reports from data.ai, Comscore, and Touchpoint Group/Curinos, place TD Bank Group (TD) in the top spots in Canada across several digital consumer, engagement, adoption and experience categories. With an increased number of Canadians using digital...
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BankFirst Capital Corporation, parent of BankFirst Financial Services (the Bank), announced the signing of a definitive merger agreement with Tate Financial Corporation, the parent company of Sycamore Bank, Senatobia, Mississippi (Sycamore Bank)...
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The Pennsylvania Bankers Association (PA Bankers) awarded Joseph B. (Joe) Bower, Jr., president and chief executive officer, CNB Bank, with the 2022 William S. Latoff Advocacy Award at the 2022 PA Bankers Day at the State Capitol. The award...
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Mark R. Haranas, Chief Executive Officer of MutualOne Bank, has announced that Kristin Carvalho has joined the bank as President, Chief Operating Officer and Treasurer. Carvalho brings with her more than three decades of financial industry experience...
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Meridian Corporation announced the death of longtime Board of Directors member and one of the original founding organizers, Kenneth H. Slack.“Ken Slack was part of the Meridian Bank board since 2004 and served on several Bank committees, most...
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Republic First Bancorp, the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), announced that its Board of Directors (the “Board”) appointed Harry D. Madonna interim Chairman of the Board, succeeding Vernon W. Hill, II, effective...
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Small business loan approval percentages at big banks ($10MM + in assets) rose from 14.9% in March to 15.1% in April, and small banks’ approvals also increased from 20.6% in March to 20.8% this past month, according to the Biz2Credit Small Business...
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U.S. Bancorp announced a five-year community benefits plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), as part of the planned acquisition of MUFG Union...
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The National Bank of Coxsackie launched its new Small Business lending platform, NBC Express. Now, small businesses can apply for installment loans via this platform and the entire process, from application to funding, is completed in a digital...
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Providence Bank & Trust, along with The Leaders Bank, announced the completion of the previously announced acquisition. The Leaders Bank merged into Providence Bank & Trust.“We are very pleased that our merger is now official, and we are happy to...
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The Pennsylvania Bankers Association (PA Bankers) awarded the Diversity, Equity & Inclusion (DEI) Pioneer and Changemaker Awards to two industry leaders who have been driving forces behind the association’s DEI efforts. Joseph (Joe) Major, bank...
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1st Source Corporation announced the election of Isaac P. Torres to its Board of Directors. Torres is President and Chief Executive Officer of InterCambio Express, Inc., an internet-based money transfer service with a U.S.A. headquarters in Elkhart...
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Firstrust Bank announced that its subsidiaries Apex Mortgage Corp., a commercial mortgage lender, and Firstlease, Inc., a leading nationwide provider of equipment financing, have merged under the new name of Apex Commercial Capital Corp. A...
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Bangor Savings Bank announced the promotions of two leaders: Lannie Moffatt to Chief Operating Officer and Kim Pope to Chief Banking Officer. As industry experts and tenured leaders at Bangor Savings Bank, they bring a depth of expertise, knowledge...
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The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its 2021 performance, the Bank earned the ranking of 31. The annual list...
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Norwood Financial announced James O. Donnelly has accepted an offer to become President and Chief Executive Officer of the company, and its wholly owned subsidiary, Wayne Bank effective upon his first day of employment with the company, anticipated...
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MetaBank announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a series of strategic acquisitions, MetaBank initiated a brand strategy review last year. The new name, Pathward, is born out of the...
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Endeavor Bank announced the hiring of Odie Goward as senior vice president. Goward will bring on a team and oversee business development in the cities of El Cajon, La Mesa, Lemon Grove and Santee, as well as nearby unincorporated areas. She will act...
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SouthState Corporation announced the closing of its acquisition of Atlantic Capital Bancshares through the merger of Atlantic Capital with and into SouthState. Immediately after that merger, Atlantic Capital's subsidiary bank, Atlantic Capital Bank...
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Cadence Bank announced its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low-...
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February 25, 2022, 08:00 AM
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Origin Bancorp, the holding company for Origin Bank, Choudrant, LA, and BT Holdings, Inc. (BTH", the holding company for BTH Bank, N.A., Quitman, TX, jointly announced the signing of an Agreement and Plan of Merger under which Origin will acquire BTH...
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February 25, 2022, 06:00 AM
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Texas Capital Bancshares, the parent company of Texas Capital Bank, in coordination with the American Bankers Association (ABA), has expanded its Commercial Lending Certificate Program to Huston-Tillotson University in Austin, TX.Texas Capital Bank...
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February 23, 2022, 08:00 AM
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Cogent Bank achieved a milestone – reaching $1 billion in assets. Cogent continues to experience strong loan and deposit growth. The Bank’s total loans grew by 51% since 2020 and notably, specialty lending doubled in 2021. Total deposits grew by...
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February 23, 2022, 06:00 AM
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The Harbor Bank of Maryland announced a partnership with Cerebro Capital, a commercial loan marketplace, to provide $50 million in loans to small businesses within the Baltimore Washington metro region. The program, which will offer loans as large as...
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February 10, 2022, 07:00 AM
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Bank economists expect credit conditions to continue improving for both consumers and businesses over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released today.The latest summary of ABA’s...
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January 26, 2022, 08:02 AM
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Regions Bank launched a Commercial Business Development team focused specifically on helping small businesses build customized plans for financial success.The new team complements Regions’ extensive Commercial Banking Solutions group and is led by...
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January 26, 2022, 08:00 AM
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F.N.B. Corporation announced it successfully completed its merger with Baltimore, MD-based Howard Bancorp, Inc. on Jan. 22. The customer and branch branding conversion is scheduled to be finalized on Feb. 7. As a result of the merger with Howard, FNB...
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January 25, 2022, 08:00 AM
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The Risk Management Association (RMA) announced that 19 leading banks have formed the RMA Climate Risk Consortium ("The Consortium"), which will develop standards for banks to integrate climate risk management throughout their operations, preparing...
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January 20, 2022, 07:00 AM
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Silicon Valley Bank has committed to provide at least $5 billion by 2027 in loans, investments and other financing to support sustainability efforts and the company has set a goal to achieve carbon neutral operations by 2025.“Our ability to make a...
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January 12, 2022, 07:08 AM
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First Financial Bank President and CEO Archie Brown has been appointed to the Board of Directors of the Cincinnati Branch of the Federal Reserve Bank of Cleveland, one of the 12 banks of the Federal Reserve System. Brown's appointment is for a...
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January 10, 2022, 08:00 AM
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Blue Ridge Bank announced its inclusion to the top 10 commercial lender list by the U.S. Department of Agriculture Rural Development. This accomplishment designates Blue Ridge Bank as one of the leading 2021 U.S. Department of Agriculture lenders by...
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December 13, 2021, 07:00 AM
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Mid Penn Bancorp announced that its acquisition of Riverview Financial Corporation was completed after the close of business on November 30, 2021. In connection with the holding company merger, Riverview’s banking subsidiary, Riverview Bank, has been...
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December 02, 2021, 07:00 AM
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Connecticut-based Ion Financial, MHC, parent company of Ion Bank, and New Jersey-based Lincoln Park Bancorp, MHC, the mutual holding company of Lincoln Park Bancorp, parent company of Lincoln 1st Bank, jointly announced entry into a definitive...
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November 29, 2021, 07:00 AM
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As Peapack-Gladstone Bank celebrates its centennial, the company continues to pursue the original mission established by its founders in 1921: to provide value-added banking services and strength to the communities it serves. To commemorate its...
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November 22, 2021, 06:04 AM
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Stearns Financial Services, Inc., the holding company for three Stearns Bank charters, has named Kelly Skalicky as Chair of the Board of Directors. Skalicky is also President and CEO of Stearns Financial Services, Inc. In related moves, Deb...
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November 16, 2021, 05:00 AM
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Eastern Bankshares, the stock holding company for Eastern Bank, completed its acquisition of Century Bancorp, Inc., the stock holding company for Century Bank and Trust Company, a full-service commercial bank with a full range of business, personal...
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November 15, 2021, 07:33 AM
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Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly reported the following in connection with Independent’s proposed acquisition of Meridian:
All regulatory approvals...
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November 08, 2021, 06:00 AM
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OceanFirst Financial Corp., parent company of OceanFirst Bank N.A., and Partners Bancorp, parent company of The Bank of Delmarva (and its division, Liberty Bell Bank), headquartered in Seaford, DE, and Virginia Partners Bank (and its division...
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November 05, 2021, 07:33 AM
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Shore Bancshares, the holding company of Shore United Bank, and Severn Bancorp, the holding company of Severn Savings Bank announced that, at special meetings of their respective shareholders held on October 22, 2021, Shore's shareholders approved...
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October 25, 2021, 07:00 AM
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Huntington National Bank is the nation's largest originator, by volume, of Small Business Administration (SBA) 7(a) loans for the fourth consecutive year at the close of SBA fiscal year 2021, further strengthening its position as the leader in...
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October 11, 2021, 08:00 AM
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BancPlus Corporation, the parent company of BankPlus, and First Trust Corporation, the parent company of First Bank and Trust, jointly announced the signing of a definitive merger agreement pursuant to which BancPlus will acquire First Trust...
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September 30, 2021, 08:00 AM
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Silicon Valley Bank and Plaid, a data network powering the digital financial ecosystem, announced a partnership to allow clients to instantly authenticate bank account information with Plaid and securely generate payments via a tokenized payment...
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September 17, 2021, 08:00 AM
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BMO Harris Bank announced the launch of the new BMO Women in Business Credit Program – a loan product offered under the Women In Business initiative that began last year as part of BMO's five-year, $5 billion BMO EMpower commitment.The loan program...
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September 08, 2021, 08:00 AM
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BHI, a full-service commercial bank, announced that it has received its own assigned S&P credit rating. BHI USA has been rated A/A-1 with a stable outlook, similar to the credit rating for Bank Hapoalim in Israel, one of the world’s largest financial...
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September 02, 2021, 06:06 AM
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Truist Financial announced the Homers for Hank program, a five-year commitment to donate $755 to the Henry Louis Aaron Fund for every home run hit by the Atlanta Braves, totaling a minimum of $1 million. The funds will be used to build a program that...
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August 30, 2021, 07:00 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, entered into two separate definitive agreements to acquire Sabal Palm Bancorp, Inc., parent company of Sabal Palm Bank based in Sarasota, FL, and Business Bank...
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August 24, 2021, 06:00 AM
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U.S. Bank entered into an agreement to acquire Bento Technologies, known as Bento for Business, a fintech company based in Chicago and San Francisco that provides payment and expense management services to small and mid-size businesses. The...
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August 13, 2021, 08:03 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisition of Legacy Bank of Florida, pursuant to the merger of Legacy Bank with and into Seacoast Bank.Legacy Bank...
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August 09, 2021, 06:00 AM
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Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder...
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August 06, 2021, 05:00 AM
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TriCo Bancshares, the parent company for Tri Counties Bank, and Valley Republic Bancorp, the parent company for Valley Republic Bank, have entered into a definitive agreement under which Valley will merge with and into TriCo in a stock transaction...
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Santander Bank announced that its Commercial Banking division is collaborating with Revenue Management Solutions (“RMS”), a healthcare remittance provider, to offer an end-to-end receivables lockbox product for its healthcare clients. The remittance...
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S&T Bancorp, Inc., the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York, announced Christopher J. McComish has been appointed as the company's Chief Executive Officer, effective Aug. 23. McComish previously served as...
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Valley National Bancorp and The Westchester Bank Holding Corporation entered into a definitive merger agreement whereby Valley will acquire Westchester, parent company of The Westchester Bank. The acquisition of this high-performing commercial bank...
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BancorpSouth Bank and Liberty Financial Services, the holding company of Liberty Bank and Trust Company, headquartered in New Orleans, Louisiana, ("Liberty") jointly announced the continuation of and the expansion of a strategic business alliance....
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Cadence Bank announced a strategic business alliance with Houston-based Unity National Bank of Houston (Unity National Bank), the only Black-owned banking institution in Texas. The cooperative alliance brings growth capital to Unity National Bank...
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TD Bank announced the establishment of a $100 million equity fund in support of minority-owned small businesses, demonstrating its continued commitment to combat racial inequities and provide opportunity in underserved communities. TD Bank’s equity...
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COVID-19 impacted businesses across many industries and companies of all sizes. Through it all, CFOs and finance leaders were at the helm, helping their businesses navigate the impacts and chart a course forward. As the economy recovers from a...
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SVB Financial Group announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ("LMI")...
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Comerica Bank will commit $5 billion to small business lending over the next three years (2021-2023). Additionally, Comerica will expand RISE!, a program designed to support small businesses with a multitude of resources, as well as financial...
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During its annual shareholder meeting, Merchants Financial Group, Inc. (MFGI), reported strong 2020 earnings growth.MFGI formally reported net income of $21,511,521 for 2020, an 8.8 percent increase over 2019 earnings. The year’s results were...
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Bank of Montreal announced the election of Madhu Ranganathan and Stephen Dent to BMO's board of directors following its Annual Meeting of Shareholders."We are pleased to welcome Steve and Madhu to the Board of Directors," said George Cope, Chair of...
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Fifth Third Bank exceeded the financial goal of the five-year Community Commitment it made in 2016. Fifth Third has delivered $41.6 billion in lending and investments, 130% of the $32 billion target* it announced with the National Community...
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Robert M. Fisher, President and CEO of Tioga State Bank in Spencer, N.Y., was elected chairman of the Independent Community Bankers of America (ICBA) for 2021-22. His term begins March 11 at the conclusion of ICBA Connect, a virtual community banking...
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Small business loan approval percentages at big banks ($10 billion+ in assets) rose slightly to 13.3% in February from 13.2% in January 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago...
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Credit risk for those U.S. banks and non-bank entities active in corporate lending is rising, as seen in the shared national credit (SNC) regulatory report released on Feb. 22, with “non-pass” loans increasing to 12.4% of SNC-reported commitments at...
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Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In...
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February 09, 2021, 08:23 AM
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Pacific Western Bank has acquired Civic Financial Services, LLC, (“CIVIC”), from Wedgewood, Inc. Headquartered in Redondo Beach, CA, CIVIC is one of the leading institutional private lenders in the United States specializing in residential...
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February 03, 2021, 07:00 AM
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First Business Financial Services, parent company of First Business Bank, announced that all First Business entities align as First Business Bank. This alignment is accompanied by a refreshed logo and a new .BANK website and email addresses. Only...
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January 20, 2021, 07:15 AM
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First Business Financial Services, parent company of First Business Bank, announced that all First Business entities align as First Business Bank. This alignment is accompanied by a refreshed logo and a new .BANK website and email addresses. Only...
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January 14, 2021, 06:00 AM
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Fifth Third Bancorp announced that Fifth Third Acquisition Holdings, LLC has closed on the acquisition of Hammond Hanlon Camp LLC (“H2C”).Founded in 2011, H2C is a premier strategic advisory and investment banking firm with an emphasis on healthcare...
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January 05, 2021, 07:00 AM
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The Conference of State Bank Supervisors (CSBS) announced it has filed a complaint in the U.S. District Court for the District of Columbia opposing the Office of the Comptroller of the Currency’s (OCC) creation of a new national bank charter for...
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December 24, 2020, 09:00 AM
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The federal bank regulatory agencies on Friday announced an interim final rule that provides temporary relief for certain community banking organizations related to certain regulations and reporting requirements as a result, in large part, of their...
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November 23, 2020, 08:05 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank are proud to announce that NJBankers recently recognized Matthew Remo as a “Rising Star” of the New Jersey banking industry at its virtual awards ceremony held on November 5, 2020....
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November 20, 2020, 06:00 AM
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U.S. Bank announced the opening of its Luxembourg office, which provides fund accounting and administration, domiciliation, depositary and custody-related services for Luxembourg-domiciled funds.Didier Delvaux, who joined U.S. Bank earlier this year...
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November 16, 2020, 08:30 AM
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KeyBank announced that John J. Manginelli, Northeast Regional Executive for KeyBank Real Estate Capital, will assume an expanded role that includes Market President for Key’s Hudson Valley/Metro New York market. As market president, Manginelli will...
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November 12, 2020, 08:22 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.5% in September to 13.3% in October, demonstrating the challenges of small business owners searching for capital, according to the latest...
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November 12, 2020, 08:00 AM
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For the 11th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Commercial and Business Banking contact centers, which include card servicing, for providing “An Outstanding Customer Service...
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TD Bank Group, of which TD Bank, America's Most Convenient Bank® is part, announced that there will be no job losses in 2020 as a result of COVID-19."It is only natural that the speed and scale of the impacts across society have employees feeling...
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The federal bank regulatory agencies announced two actions to support the U.S. economy and allow banks to continue lending to households and businesses. They are:
A statement encouraging banks to use their resources to support households and...
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For the third year in a row, Stearns Bank has received nationwide recognition for high performance. This month, American Banker magazine and Independent Community Bankers of America (ICBA) both ranked Stearns Bank in their top ten lists of high...
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The federal banking agencies proposed a rule to limit the interconnectedness of large banking organizations and reduce the impact from failure of the largest banking organizations. The proposal would complement other measures that the banking...
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CIT Bank, CIT Group's national online bank, announced it has been selected as winner of the Best Personal Finance Company award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the...
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S&P Global Market Intelligence released its annual rankings for 2018’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets less than $3 billion, and top-performing credit unions.For the second...
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Middle-market companies could soon experience changes in how banks view and service them due to banks’ adoption of sophisticated artificial intelligence (AI) systems that rank companies in terms of their potential profitability as clients. That’s one...
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February 06, 2019, 08:03 AM
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Mechanics Bank and Learner Financial Corporation, the bank holding company for Scott Valley Bank, announced that they have reached a definitive agreement for Mechanics to acquire Learner Financial and its wholly owned subsidiary, Scott Valley Bank....
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February 20, 2018, 08:00 AM
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First Business Financial Services, Inc. announced plans to consolidate the charters of its three subsidiary banks, First Business Bank, headquartered in Madison, Wisconsin, First Business Bank- Milwaukee, headquartered in Brookfield, Wisconsin, and...
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January 13, 2017, 07:17 AM
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Westfield Bank has been recognized as the top 3rd party lender in Western Massachusetts in terms of dollars and volume for 2016, according to the Massachusetts District Office of the U.S. Small Business Administration (SBA). Westfield Bank was among...
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December 28, 2016, 07:00 AM
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Bridge Bank reaffirmed its commitment to providing commercial banking services, including working capital loans and lines of credit, to technology and innovation companies throughout the country through its expanding national network of business...
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December 09, 2016, 07:57 AM
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Signature Bank, a New York-based full-service commercial bank, announced today the appointment of several new private client banking professionals, who joined existing banking teams. Pasquale (Pat) Loporcaro was named Group Director and Vice...
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December 07, 2016, 07:13 AM
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Wells Fargo & Company announced that its Board of Directors has amended the Company’s By-Laws to require the separation of the Chairman and CEO roles and for the Chairman and Vice Chairman of the Board to be independent directors. The Board approved...
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December 02, 2016, 07:30 AM
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Opus Bank announced that, as part of the previously announced focus on enhancing the leadership at Opus, Ed Padilla, Opus’ Senior Vice President, President of Commercial Real Estate Banking, has been named Executive Vice President, Co-Chief Lending...
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November 02, 2016, 07:24 AM
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BMO Financial Corp. announced the appointment of Diane Cooper, formerly the President and CEO of GE Capital's Commercial Distribution business, to the BMO Financial Corp. Board of Directors."Diane's wealth of knowledge and financial services...
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October 25, 2016, 07:36 AM
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The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank...
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September 06, 2016, 07:50 AM
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Avidia Bank announced the launch of Commercial Lending Center™, a new online business loan application portal. Commercial Lending Center is the simple and secure way to help businesses get quick and convenient access to loans online.Business loan...
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Wells Fargo announced the launch of FastFlex Small Business Loan, an online, fast-decision loan that is funded as soon as the next business day and offers a competitive interest rate to small businesses with short-term credit needs. An innovation...
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