Independent Bank had no intention of expanding outside Texas until it gained a few stray branches in a neighboring state.
CEO Bruce Lee believes a multicharter model, which many other banks have scrapped, gives the Iowa company an edge in smaller markets.
Organizers of Scottsdale Community Bank plan to raise a minimum of $16 million.
A competitive job market and improved security protocols are pushing more banks to consider letting employees work remotely.
Farmers & Merchants Bancorp is looking for a successor for Paul Siebenmorgan, who has been its CEO for nearly 15 years.
The planned acquisition will add $187 million in assets in the Puget Sound area.
The Indiana company agreed to pay $101 million for the $586 million-asset First Security.
Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition.
Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup.
James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.
