The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions. ... Read full article
Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years. ... Read full article
Bank of America has opened a flagship branch downtown and plans several so-called robo branches across the city. It has used a similar strategy to enter new markets in the past year. ... Read full article
The company has agreed to pay more than $50 million for United American Bank. ... Read full article
Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment. ... Read full article
The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati. ... Read full article
In some ways the Canadian bank's U.S. consumer business is only now shaking off many of its crisis-era problems here. CEO Darryl White is pinning his retail-comeback hopes on a rejuvenated sales culture and a focus on more profitable customers. ... Read full article
Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services. ... Read full article
The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans. ... Read full article
United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit. ... Read full article
The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri. ... Read full article
A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers. ... Read full article
Rather than jump right away into lending to car buyers, Access National will start by offering CRE and M&A financing to dealerships. ... Read full article
The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island. ... Read full article
Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy. ... Read full article
James Neff, who joined the company in 1999, gained oversight of retail banking with the promotion. ... Read full article
The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees. ... Read full article
Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state. ... Read full article
Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions. ... Read full article
The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank, and its CEO has to clear those hurdles and convince investors steady growth is ahead. ... Read full article
