Sterling in Michigan selects next CEO
Tom Lopp will succeed Gary Judd at the end of November. ... Read full article
Tom Lopp will succeed Gary Judd at the end of November. ... Read full article
The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions. ... Read full article
The Pittsburgh company’s “branch lite” approach to retail and middle-market banking in new markets will break even sooner than expected and has had a noticeable impact on loans and deposits. ... Read full article
The deal will create a nearly $500 million-asset bank. ... Read full article
The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets. ... Read full article
Its quarterly results show lower rates and emerging credit risks can be overcome. Whether most banks have all the same levers to pull is another matter. ... Read full article
BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories. ... Read full article
Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why. ... Read full article
MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions. ... Read full article
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t ... Read full article
The company has agreed to buy a portfolio of commercial loans from Santander Bank. ... Read full article
The Wisconsin company will have 15 branches in its home state after completing the acquisition. ... Read full article
Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company. ... Read full article
Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says. ... Read full article
The Montana will pay $135 million for a bank with 10 branches in seven Arizona markets. ... Read full article
Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio. ... Read full article
The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers. ... Read full article
The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year. ... Read full article
The North Carolina company agreed to buy the much-smaller Community Financial Holding. ... Read full article
The Maryland company says two recent deals, including its agreement to buy Revere Bank, gives it the right amount of coverage across Washington's suburbs. ... Read full article