Community banking

Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.

Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers.

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.

The proposed merger will create a bank with more than $1 billion in assets.

Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.