News Topic: Growth strategies

The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments. ... Read full article

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16. ... Read full article

CardWorks also specializes in non-prime credit cards and loans for recreational and marine vehicles. ... Read full article

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%. ... Read full article

The company will pay $130 million for Commerce Financial Holdings. ... Read full article

The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans. ... Read full article

Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank. ... Read full article

David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial. ... Read full article

The company will pay $15.5 million in cash for a bank with one branch and a large amount of low-cost deposits. ... Read full article

The Mississippi company will pay $49 million for Traders & Farmers Bancshares. ... Read full article

The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich. ... Read full article

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that. ... Read full article

The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years. ... Read full article

A new app will allow small-business clients to quickly apply for credit while expanded offerings for homeowners associations will help CIT build up its base of low-cost deposits. ... Read full article

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida. ... Read full article

Two major banking organizations objected to a proposal by the agency that would expand the pool of investors in subordinated debt issued by credit unions. They fear it could provide credit unions more financing to buy banks. ... Read full article

The company will pay $211 million for a bank with 22 branches as $1.2 billion in assets. ... Read full article

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors. ... Read full article