ACNB agrees to buy Frederick County Bancorp in Maryland
The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market. ... Read full article
The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market. ... Read full article
The deal comes less than a week after the Louisiana company raised nearly $11 million. ... Read full article
The California company will pay $39.4 million for the parent of First State Bank of Colorado. ... Read full article
The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May. ... Read full article
The ban, which came to light Monday, will remain in effect until either the final disposition of Stephen Calk’s court case or until it is terminated by Comptroller Joseph Otting. ... Read full article
The thrift had been known as Boiling Springs Savings Bank. ... Read full article
Trustar Bank is set to debut in northern Virginia in July. ... Read full article
Dennis Zember Jr. stepped down as the Georgia bank's CEO, citing personal matters. Palmer Proctor, an executive at the recently acquired Fidelity Southern, succeeded Zember. ... Read full article
The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so. ... Read full article
The digital bank has grand ambitions for its new student loan refinancing platform as it looks to finally turn a profit for its parent company, Customers Bancorp. ... Read full article
Consumer groups applauded the California bank's announcement. ... Read full article
Organizers of Community Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, including buying an existing bank. ... Read full article
Accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready. ... Read full article
FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business. ... Read full article
The $550 million purchase will include a branch in the U.S. Virgin Islands. ... Read full article
The New Jersey regional will have higher capital levels after buying Oritani Financial. That was just one of the reasons why CEO Ira Robbins overcame his aversion to M&A. ... Read full article
First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union. ... Read full article
Ken Lehman recently bought a block of shares in Village Bank & Trust Financial. ... Read full article
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition. ... Read full article
Brad Goedken wants agreements for HarborOne Bancorp to include better protections, such as cost reductions if a service fails. ... Read full article