Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.
Blake Edwards Jr. will take the helm at the parent of Skyline National Bank when J. Allan Funk retires next month.
The Virginia company said that Carolina State Bank is on pace to open later this month.
The Mississippi company will pay $86 million for seven branches with $318 million in deposits.
Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks.
The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009.
The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M.
Orange County Bancorp has identified two neighboring counties for expansion.
The acquisition will increase Horizon’s core deposits and add branches around Indianapolis.
