John Kanas to retire from banking — again


Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.


Community lenders tell big tech vendors to get up to speed


Small banks and credit unions say slow responses and outdated products from the establishment tech vendor can become a drag on their innovation efforts.


Taking social consciousness into account with bank M&A


Seacoast readily agreed to buy First Green Bank. The next step is determining which of the seller's programs, including car-charging stations and discounted rates for green projects, to keep.


Pro-pot Florida candidate says Wells Fargo shut her account


A Florida politician who has run a pro-medical marijuana campaign said Wells Fargo closed her account over her ties to the industry, adding that the incident was an example of the challenges legal cannabis businesses face from the U.S. financial system.


Why community banks should negotiate shorter fintech contracts


Legacy tech vendors have traditionally offered decadelong contracts. But given constant change in the industry, small banks today should push for three-year deals, a bank CEO says.


Venezuelan bank spins off Mercantil in Florida


The transaction was set up to give Mercantil more autonomy to expand in South Florida, Houston and New York.


BankMobile spin-off hits snag, faces possible delay


Customers Bancorp said Flagship Community Bank has temporarily withdrawn its application with the FDIC to acquire the digital bank.


Small Fla. bank to sell to IBM Southeast Employees’ Credit Union


The credit union, which plans to keep all of Oculina Bank's employees, will also provide more products and services.


States still call the shots on subprime lending


The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.


Why Synovus is betting big on Florida — again


Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.