BancFirst in Oklahoma shuffles leadership
David Rainbolt, who has been the company's CEO since the early 1990s, has handed the reins to a pair of longtime deputies. Rainbolt will stay at BancFirst as its executive chairman. ... Read full article
David Rainbolt, who has been the company's CEO since the early 1990s, has handed the reins to a pair of longtime deputies. Rainbolt will stay at BancFirst as its executive chairman. ... Read full article
The Arkansas company is selling more than $300 million in stock a year before its DFAST test in June 2018. ... Read full article
Anchor Bancorp in Laney, Wash., lowered its expectations in the face of impatient investors and buyers’ concerns about antitrust, credit quality and other issues. ... Read full article
The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, giving bankers some hope that their complaints are finally being heard. ... Read full article
The $3.2 billion-asset company agreed to pay $32 million in cash and stock for Lafayette Community Bancorp in a deal that is expected to close in the third quarter. ... Read full article
The Tennessee bank has agreed to pay nearly $85 million for Capstone Bancshares in Alabama. ... Read full article
A Nebraska banking veteran put up $1 million of her own money to create a microlending program that doesn't require business owners to provide traditional collateral. ... Read full article
Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process will take too long. ... Read full article
Union Bankshares is poised to become a nearly $12 billion-asset bank in a state that lost most of its midsize institutions in the 1990s and early 2000s. ... Read full article
Year to date through Mar. 31, 2017. Dollars in thousands ... Read full article
Year to date through Mar. 31, 2017. Dollars in thousands ... Read full article
Union agreed to pay $701 million for Xenith in a deal that is expected to close early next year. ... Read full article
The company agreed to buy Commerce Bancshares in Worcester, Mass., in a deal that is expected to close in the next six to nine months. ... Read full article
From digital lending solutions for U.S. community banks to Sharia-compliant finance in Africa ... Read full article
First Savings Financial in Indiana and Dime Community in New York are keen on making more SBA loans as a way to diversify revenue and generate fees through loan sales. ... Read full article
Financial Institutions in western New York withdrew plans to raise $40 million. ... Read full article
Readers opine on legacy core systems, the negative messaging around the Troubled Asset Relief Program, Jamie Dimon defending his Trump ties, and more. ... Read full article
The Washington company said that Sean Brennan, its president and chief operating officer, will become CEO when Jim Mitchell retires next year. ... Read full article
Suni Harford is off to UBS, Nina Fanlo is leaving SoFi, and Shaza Andersen is selling the bank she founded. Also, you should hear how venture capitalists talk about female entrepreneurs. ... Read full article
The former New Jersey mutual is stepping up efforts to court bigger commercial clients. The move will help Investors diversify its loan book and deploy capital while it is barred from buying banks. ... Read full article