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News Stories (141 Results) - Banking News

QuickFi was a finalist and was recognized as highly commended in the Best Use of IT for Lending award announced at the 2022 London Banking Tech Awards. Congratulations to J.P. Morgan for winning the category with its Pre-approved Lending Offers.... Read Story
December 05, 2022, 07:20 AM

Newtek Business Services Corp. received conditional approval from Office of the Comptroller of the Currency (OCC) to complete its acquisition of the National Bank of New York City. Newtek announced last week that it received approval from the Federal... Read Story
December 05, 2022, 07:16 AM

NexBank Capital, Inc., a financial services company and parent company of NexBank, announced Rhett Miller has been promoted to Chief Banking Officer. Miller served as Chief Credit Officer since 2013 when he joined the company. In his new role, he... Read Story
December 02, 2022, 07:10 AM

TowneBank announced that Brad E. Schwartz, Towne’s President and Chief Operating Officer, will retire from the company on Dec. 31, 2022. Schwartz also plans to step down as a director of the company when his current term expires at the 2023 annual... Read Story
November 29, 2022, 07:05 AM

HBT Financial, Inc., the holding company for Heartland Bank and Trust Company, announced that Patrick F. Busch, Executive Vice President and Chief Lending Officer of the Company and President and Chief Lending Officer of Heartland Bank, will step... Read Story
November 28, 2022, 07:16 AM

Encore Bank announced Gary Edwards has been named Executive Vice President and Chief Audit Officer. Edwards steps in for Elizabeth Bradley, who has been promoted to Encore’s Executive Vice President and Chief Risk Officer.Edwards, who will be based... Read Story
November 28, 2022, 07:00 AM

Farmers & Merchants State Bank announced the appointment of Andy Baker as the Regional President for its Northern Indiana market. Lars Eller, President and Chief Executive Officer said, “Andy has a long and proven history of building markets and his... Read Story
November 23, 2022, 07:20 AM

The Washington Trust Company announced the expansion of its Connecticut presence with the opening of a Commercial Lending office in New Haven, adjacent to its Washington Trust Wealth Management office. The Bank also added three new Vice Presidents to... Read Story
November 23, 2022, 07:10 AM

First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced that Chief Executive Officer, Scott F. Kavanaugh, has been named President of First... Read Story
November 22, 2022, 07:15 AM

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief... Read Story
November 17, 2022, 07:12 AM

North Easton Savings Bank welcomes Ralph Letner as its new Chief Lending Officer. With 36 years in the banking industry focused on supporting local and regional organizations, the Bank welcomes his significant experience as they gear up for further... Read Story
November 11, 2022, 07:07 AM

Rockland Trust added Slayton Purcell to its Asset Based Lending Team as Vice President, Relationship Manager. In his role, Slayton is responsible for managing a growing portfolio of clients while underwriting and building new relationships. Prior to... Read Story
November 11, 2022, 07:00 AM

Colony Bankcorp, Inc., the bank holding company for Colony Bank (the Bank), announced that Edward G. “Ed” Canup has been named Chief Revenue Officer and President of Banking Solutions. In this newly created position, Canup will be charged with the... Read Story
November 08, 2022, 07:11 AM

New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced that NYCB has received regulatory approval from the Federal Reserve Board (the FRB) to complete its previously announced acquisition of Flagstar Bancorp, Inc. On Oct. 28, NYCB and... Read Story
November 08, 2022, 07:05 AM

Pinnacle Bank, headquartered in Gilroy, CA, announced Michael Khan has joined the bank as Executive Vice President, Senior Lending Officer.“We are pleased to welcome Michael Khan to the Pinnacle Bank family. Michael has over 20 years of lending... Read Story
November 07, 2022, 07:18 AM

In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted... Read Story
November 02, 2022, 07:20 AM

The national Citizens Business Conditions Index (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns. This quarter’s score extends the index’s streak to eight... Read Story
October 26, 2022, 07:15 AM

Kapitus, a provider of financing to small and medium-sized businesses (SMBs), announced it has selected Mambu’s cloud banking platform as its technology foundation. Kapitus will leverage Mambu’s low-code, composable lending engine to achieve a faster... Read Story
October 26, 2022, 07:00 AM

MidWestOne Financial Group, Inc., parent company of MidWestOne Bank, announced its Board of Directors has named Charles (Chip) N. Reeves, 54, as its new Chief Executive Officer (CEO), effective Nov. 1. Reeves succeeds Charlie Funk, who is retiring... Read Story
October 20, 2022, 07:20 AM

Cadence Bank announced the launch of its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.The... Read Story
October 20, 2022, 07:00 AM

Bank Rhode Island (BankRI) has appointed a new President and CEO. William C. Tsonos, who joined BankRI in 2006 and currently serves as the bank’s Executive Vice President, Director of Commercial Banking, will assume his new leadership position... Read Story
October 18, 2022, 07:18 AM

Citizens announced the appointment of Rebecca O’Connell as its New York City Metro Market Executive. In this capacity, she will represent Citizens throughout the region as the bank partners with customers, businesses and communities to help them... Read Story
October 18, 2022, 07:15 AM

JPMorgan Chase announced it is now able to accept government deposits in all 50 U.S. states. This milestone is significant because most states require or encourage banks to have a local branch presence to be eligible to receive or hold government... Read Story
October 18, 2022, 07:05 AM

Prosperity Bancshares, Inc., the parent company of Prosperity Bank, and Lone Star State Bancshares, Inc., the parent company of Lone Star State Bank of West Texas, headquartered in Lubbock, TX, jointly announced the signing of a definitive merger... Read Story
October 17, 2022, 07:05 AM

TD Bank announced Steve Boyle has been named Chief Operating Officer, a newly created position reporting to Leo Salom, President and CEO. Boyle will be responsible for scaling the bank’s operations to support its growth priorities, continuing the... Read Story
October 13, 2022, 07:25 AM

TowneBank announced the creation of new roles to lead its banking teams in Virginia and North Carolina. As part of its new board-approved leadership plan, Brian Skinner will become the President and Regional banking director for all markets in the... Read Story
October 12, 2022, 07:09 AM

Regions Bank announced the launch of a digital solution enabling Corporate Banking clients to send real-time payments through the RTP network from The Clearing House. The new real-time payments service is part of Regions’ iTreasury platform, which... Read Story
October 12, 2022, 07:05 AM

QuickFi is a finalist in the London-based 2022 Banking Tech Awards for three categories: Best Embedded Finance Initiative, Best Digital Initiative – Lending and Best Use of IT for Lending. The winning companies will be announced at the awards... Read Story
October 10, 2022, 07:17 AM

CIBC President and CEO Victor Dodig announced senior leadership appointments to further the bank's client-focused strategy.The following leadership changes are effective November 1, 2022:Mike Capatides, Senior Executive Vice-President and Group Head... Read Story
October 07, 2022, 07:18 AM

Brookline Bancorp Chairman & CEO Paul Perrault announced three key changes affecting leadership positions at Brookline Bancorp, Inc. and Bank Rhode Island, its Rhode Island subsidiary bank.After 13 years as the Company’s Chief Credit Officer, M.... Read Story
September 30, 2022, 07:23 AM

David Jeter has been named Executive Director for BOK Financial’s Commercial Banking line of business. The line of business, which generally serves owner-managed companies and nonprofits with $5 million to $50 million in revenue, is one of the... Read Story
September 29, 2022, 07:17 AM

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in... Read Story
September 28, 2022, 07:22 AM

Santa Cruz County Bank announced the future retirement of Executive Vice President and Chief Financial Officer, Vic Davis. Davis will continue to serve in his current role with the bank to support a successful transition to his successor.Davis' over... Read Story
September 28, 2022, 07:17 AM

Bridge Bank announced a significant expansion of its growing asset-based lending team, part of the bank’s Capital Finance Group.Seven recent hires support the ongoing buildout of monitoring support for the Capital Finance Group, which serves clients... Read Story
September 22, 2022, 07:00 AM

Wintrust Business Credit announced plans to expand its geographic reach from a regional provider to a national ABL platform.  Since its founding in 2008, WBC has provided best-in-class asset-based lending solutions with a focus on middle-market... Read Story
September 20, 2022, 07:05 AM

First Citizens Bank announced the official launch of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across the Southeastern U.S. Headquartered in Charlotte, First Citizens Middle Market Banking is now... Read Story
September 07, 2022, 07:20 AM

BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the signing of a definitive merger agreement with Mechanics Banc Holding Company, the parent company of Mechanics Bank, Water Valley, MI, under which BankFirst will... Read Story
September 02, 2022, 07:18 AM

CIT Bank, the national online bank, announced it has been ranked as No. 1 in the nation for humanizing the customer experience in an independent survey conducted by American Banker in partnership with Monigle, a brand experience agency.The survey... Read Story
September 02, 2022, 07:05 AM

WSFS Financial Corporation, the parent company of WSFS Bank, announced Kevin McKeown as Senior Vice President, Director of Healthcare Banking, reporting to Jim Wechsler, Senior Vice President, Chief Operating Officer, Commercial Banking. McKeown will... Read Story
September 02, 2022, 07:03 AM

Hampton Roads based TowneBank announced that its Board of Directors selected William (Billy) I. Foster, III to succeed J. Morgan Davis when he steps down as Chief Executive Officer on December 31, 2022. Davis, who plans to retire on March 31, 2023... Read Story
August 30, 2022, 07:00 AM

Citigroup Inc. announced that, as part of its continued efforts to reduce its operations and exposure in Russia, it will wind down its consumer banking and local commercial banking operations in the country. As part of the wind-down, Citi will also... Read Story
August 26, 2022, 07:12 AM

Sumitomo Mitsui Financial Group, Inc. (SMFG) announced it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank will launch and operate as a new division of Manufacturers Bank, a California state-chartered... Read Story
August 25, 2022, 07:11 AM

First Republic Bank announced Neal Holland has been named Executive Vice President and Chief Financial Officer, and Olga Tsokova has been named Deputy Chief Financial Officer, effective Nov. 2. Tsokova will also continue to serve as Executive Vice... Read Story
August 24, 2022, 07:20 AM

Associated Bank announced new hires to its asset-based lending team.  The asset-based lending team, under the leadership of Ray Temple who joined Associated Bank in September 2021, welcomes Keith Contole, John Todd, Jim Vargo and Mike Williams, who... Read Story
August 24, 2022, 07:18 AM

On Aug. 19, Karen Rojeski tendered a notice of her retirement as Executive Vice President and Chief Credit Officer of Patriot Bank, N.A., a wholly owned subsidiary of Patriot National Bancorp, Inc. effective Sept. 2, according to a filing with the... Read Story
August 24, 2022, 07:07 AM

Funding Circle, a leading online small business lending platform, and Farm Bureau Bank, a financial institution focused on serving members of the Farm Bureau and their neighbors in rural communities, have announced a partnership to provide capital to... Read Story
August 15, 2022, 07:05 AM

Horizon Bancorp, Inc. announced it named Thomas M. Prame as President of the company and its wholly owned subsidiary, Horizon Bank. The appointment is effective Aug. 15 and represents an important step in Horizon’s strategic expansion of its... Read Story
August 04, 2022, 07:20 AM

Byline Bancorp, the parent company of Byline Bank, announced that Thomas J. Bell, III, currently Senior Vice President, Treasurer, and a member of Byline’s executive leadership team, will succeed Lindsay Corby as Chief Financial Officer, effective... Read Story
July 29, 2022, 06:50 AM

North Shore Bank announced that its commercial banking team will expand with the hire of new vice president, Derek E. Wheeler, and business relationship specialist, Max Schommer. Wheeler and Schommer will manage and advise existing, new and potential... Read Story
July 29, 2022, 06:45 AM

Nano Banc announced the appointment of R. Scott Racusin as chief executive officer (CEO), Mary Lynn Lenz, as chairman of the board and Steven K. Buster, as board vice chair. The new additions will play an integral role in Nano Banc’s strategic plan... Read Story
July 29, 2022, 06:00 AM

Bank First Corporation, the holding company of Bank First, announced the signing of an Agreement and Plan of Merger with Hometown Bancorp, parent company of Hometown Bank, a Wisconsin state-chartered bank, under which Bank First has agreed to acquire... Read Story
July 28, 2022, 06:00 AM

Truist Financial Corporation announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today.Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity... Read Story
July 27, 2022, 07:02 AM

Fifth Third Bank announced that Mark Hoppe, Chicago Region President, plans to retire at the end of the year following a distinguished 45-year career in the banking industry. Mark Heckler, senior commercial banker, will succeed him.Since joining... Read Story
July 26, 2022, 07:00 AM

First Business Bank has added Marcus Riccio as Assistant Vice President – Commercial Banking. Riccio has more than eight years of experience in finance and banking, along with over ten years of experience in sales and marketing. His main areas of... Read Story
July 26, 2022, 05:00 AM

American Challenger Development Corp., announced that it and Patriot National Bancorp (Patriot), the holding company for Patriot Bank, have mutually agreed to terminate their merger agreement, previously announced on November 14, 2021, under which... Read Story
July 25, 2022, 06:07 AM

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced several leadership changes: Matt Cornwell, who previously served as President of the Northwest Market which includes Arvada and Wheat Ridge... Read Story
July 20, 2022, 07:05 AM

First Citizens Bank announced its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products and... Read Story
July 19, 2022, 07:05 AM

City National Bank has grown its Commercial Banking presence on the East Coast with the addition of nearly a dozen new bankers and now offers commercial, institutional, and nonprofit banking services throughout the region with an expanded focus on... Read Story
July 18, 2022, 07:10 AM

Reuters reported second quarter profits at large U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.To read the full Reuters report, click here. Read Story
July 11, 2022, 07:25 AM

Mars Bank’s Jennifer Klein was promoted to Assistant Vice President, Commercial Banking. Klein will be responsible for managing existing bank relationships as well as growing C & I and commercial real estate business for Mars Bank.“We’re excited that... Read Story
July 11, 2022, 07:11 AM

Alerus Financial Corporation announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank... Read Story
July 11, 2022, 07:05 AM

Regions Bank announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership... Read Story
July 08, 2022, 07:15 AM

Brookline Bank announced Carol Hansen has been named Senior Vice President, Relationship Manager in the bank’s Middle Market C&I Banking Group. She will be located at Brookline Bank’s Wakefield commercial banking office. Hansen has more than 20 years... Read Story
July 01, 2022, 07:20 AM

Craig Wanichek, CEO & President, announced the promotion of Matt Dynice to Senior Vice President, Credit Administrator at Summit Bank. He has over 20 years of commercial banking experience. He is highly skilled in Commercial and Industrial banking.... Read Story
July 01, 2022, 07:10 AM

Centric Bank has promoted Christopher J. Bickel, Senior Vice President, Market Leader Main Line, to the new position of Commercial Revenue Officer, announced Patricia (Patti) A. Husic, President & CEO of Centric Bank and Centric Financial Corporation... Read Story
June 29, 2022, 07:15 AM

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Roger Grossman as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Grossman is responsible for growing a portfolio of... Read Story
June 29, 2022, 07:10 AM

PlainsCapital Bank added Philip Ugalde, Jasmine Sadeghpour, and Daniel Wheeler as Senior Vice Presidents and Senior Commercial Loan Officers in its Houston market. Ugalde and Sadeghpour will serve clients from PlainsCapital’s office at 2925 Richmond... Read Story
June 28, 2022, 06:39 AM

BankFirst Capital Corporation, parent of BankFirst Financial Services (the Bank), announced the signing of a definitive merger agreement with Tate Financial Corporation, the parent company of Sycamore Bank, Senatobia, Mississippi (Sycamore Bank)... Read Story
June 24, 2022, 07:12 AM

Cohn & Dussi, LLC, a full-service, Boston-based law firm, announced it has joined the Massachusetts Bankers Association (MBA).For more than 25 years, Cohn & Dussi has represented business clients in practice areas that include collection on breach of... Read Story
June 23, 2022, 07:16 AM

IDB Bank, a New York-based private and commercial bank, announced the appointment of Daniel Roberts as its new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the bank's capacity to identify, measure... Read Story
June 17, 2022, 07:18 AM

VersaBank, a leader in digital banking and cyber security solutions, announced that, through its wholly owned U.S. subsidiary, VersaHoldings US Corp., it has signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, N.A.... Read Story
June 15, 2022, 07:16 AM

Signature Bank appointed five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.John Madigan was named Managing Group Director, leading a team of six, all of whom joined... Read Story
June 13, 2022, 07:11 AM

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the promotion of Lisa Ciampi, CPA to Senior Vice President, Managing Principal, Head of Operations at Peapack-Gladstone Bank. Ciampi is responsible for the oversight and... Read Story
June 10, 2022, 07:15 AM

Trustmark National Bank, a wholly owned subsidiary of Trustmark Corporation, announced Duke Hinds has joined Trustmark as Director of Commercial Banking, and will be responsible for Trustmark’s commercial products and sales strategy. He joins... Read Story
June 10, 2022, 07:09 AM

First Business Bank welcomed back Craig Cerbins as Vice President – Commercial Banking in its Southeast Wisconsin office. “We’re delighted to have Craig back on our team,” said Kevin Kane, President of First Business Bank’s Southeast Wisconsin market... Read Story
June 08, 2022, 07:19 AM

Fieldpoint Private, a fast-growing private banking firm serving entrepreneurs, families, businesses and institutions, announced four additions to its client-facing team in the Atlanta, Orlando-Winter Park and New York City offices. The firm welcomed... Read Story
June 03, 2022, 07:15 AM

Leader Bank announced that Matthew Pierce has been promoted to the position of Chief Lending Officer."Matthew has been an important partner for our entire team since his first day at Leader Bank," said Sushil Tuli, Chairman and CEO of Leader Bank.... Read Story
May 25, 2022, 07:09 AM

Fulton Financial Corporation announced that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. and... Read Story
May 24, 2022, 07:15 AM

Longtime First Community Bank employee, Dwight Ford, has been promoted to Executive Vice President, Chief Lending Officer. In his new role, he will lead and direct the institution's overall loan portfolio. With 27 years of experience in banking, Ford... Read Story
May 24, 2022, 07:12 AM

The second quarter Phoenix Management “Lending Climate in America” survey results reveal supply chain disruptions and continued inflation to be the biggest concerns for consumers and the U.S. economy.Phoenix’s Q2 2022 “Lending Climate in America”... Read Story
May 20, 2022, 07:11 AM

TAB Bank announced the addition of Bill Bahls to its business development team as Vice President and Business Development Officer for the Northeastern United States. In this role, Bahls will operate from Philadelphia, with responsibility for sourcing... Read Story
May 20, 2022, 07:09 AM

Brookline Bancorp has launched the Prolific Banking On-Ramp enrollment-as-a-service into production, providing automated enrollment of cash management customers.The turn-over to production follows an implementation project that benefited from a... Read Story
May 20, 2022, 07:00 AM

With the release of Nacha’s Top 50 financial institution ACH originators for 2021, Wells Fargo was confirmed as the top payment originator by volume on the Automated Clearing House (ACH) Network for the tenth consecutive year (historical data... Read Story
May 17, 2022, 07:13 AM

PNC Bank appointed key market leadership positions in Fort Worth, where the bank now ranks as one of the top financial institutions in deposit market share with its acquisition of BBVA USA. These market leaders, both Fort Worth natives, will be... Read Story
May 12, 2022, 07:12 AM

Cadence Bank appointed Mandy Mitchell as its Chief Experience Officer, a newly established position reporting to the chairman and CEO. In her new role, Mitchell is responsible for developing and overseeing strategies that enhance customers' and... Read Story
May 11, 2022, 07:05 AM

Banking industry veteran Jim Donovan has joined Unity Bank as Chief Lending Officer (CLO), bringing more than 35 years of financial services industry leadership experience to the community bank.“Jim Donovan is an accomplished leader with a commitment... Read Story
May 10, 2022, 07:14 AM

JPMorgan Chase Commercial Banking announced it has named Arnold Evans as Managing Director and Co-Head of Emerging Middle Market (EMM) within the Middle Market Banking & Specialized Industries (MMBSI) business. In this new role, Evans will partner... Read Story
May 06, 2022, 07:20 AM

United Community Banks, Inc. and Progress Financial Corporation announced the execution of a definitive merger agreement pursuant to which United will acquire Progress, and its wholly owned subsidiary, Progress Bank & Trust, in an all-stock... Read Story
May 05, 2022, 07:05 AM

Blue Ridge Bank announced the establishment of its middle market banking division. This effort entails the buildout of commercial banking teams in attractive MSA's in the Mid Atlantic and Southeast.   The division is led by C. Douglass Riddle... Read Story
May 04, 2022, 07:10 AM

Citizens announced that the national Citizens Business Conditions Index™ (CBCI) reached 59.5 for the first quarter of 2022, up markedly from 54.4 at the end of 2021 and reaching its highest level since Citizens began tracking the data in 2014... Read Story
April 29, 2022, 07:30 AM

Washington Federal, Inc., parent company of Washington Federal Bank (WaFd Bank) announced the promotion of veteran commercial banker Todd Gerber to Regional President for Arizona to lead the bank’s growing presence in Arizona. Gerber joined WaFd Bank... Read Story
April 28, 2022, 07:19 AM

SouthState Bank has hired nine bankers to continue to expand its Commercial, Business and Private Banking teams across Florida, Alabama, Georgia and South Carolina."According to most recent Census data, Florida had the largest net migration gains in... Read Story
April 27, 2022, 07:05 AM

PNC Bank announced the official opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint, and the first hub of this type to be established in Texas. The hub will... Read Story
April 25, 2022, 07:18 AM

Bank of America named Carolyn Rainey President of Bank of America Charlottesville.As President, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies... Read Story
April 22, 2022, 07:24 AM

Wells Fargo & Company announced Tim O’Hara will join the Corporate & Investment Bank (CIB) on May 9, as head of Banking. In this role, he will lead corporate and investment banking origination and execution within CIB’s Banking Division, which is... Read Story
April 19, 2022, 07:19 AM

Provident Bank, a New Jersey-based financial institution, welcomed four new members to its Commercial Lending team to support the bank’s plans to grow its commercial deposits and loan portfolio. Lee Ehudin and Adam Kuras have joined the Bank as First... Read Story
April 05, 2022, 07:05 AM

Bank of America has named Susan Rabinowitz as President of Bank of America Treasure Coast. Rabinowitz succeeds Doug Sherman, who has led the market the past nine years and announced his decision to retire from the company last month.As President... Read Story
April 04, 2022, 07:12 AM

Customers Bank, a digital and fintech-forward top 100 national bank with nearly $20 billion in assets, announced the institution hired industry veteran John Donohue to serve as Executive Vice President, Managing Director of Customers Commercial... Read Story
March 23, 2022, 07:25 AM

The first quarter Phoenix Management “Lending Climate in America” survey results reveals the majority of lenders anticipate geopolitical tension and an increase in interest rates to be the biggest economic headwind in 2022.Phoenix’s Q1 2022 “Lending... Read Story
March 21, 2022, 07:10 AM

TriState Capital Holdings, Inc. announced Devron Robinson has joined the company as Senior Vice President, Relationship Manager of the Commercial Banking team at TriState Capital Bank. In this role, Robinson is responsible for new business... Read Story
March 15, 2022, 07:18 AM

Colorado-based FirstSun Capital Bancorp, the holding company of Sunflower Bank, N.A. and Texas-based Pioneer Bancshares, Inc., the holding company of Pioneer Bank, SSB jointly announced today the receipt of all required regulatory approvals to merge... Read Story
March 10, 2022, 07:11 AM

Tamarack Technology, Inc., a provider of independent software solutions in the equipment finance and commercial lending industry, announced its President and Chief Digital Officer Scott Nelson, PhD has been invited to join the board of directors for... Read Story
March 09, 2022, 07:15 AM

Fulton Financial Corporation and Prudential Bancorp, Inc. announced they have entered into a definitive Agreement and Plan of Merger under which Prudential will merge with and into Fulton in a stock and cash transaction.Fulton Financial Corporation... Read Story
March 04, 2022, 07:15 AM

Seacoast Banking Corporation of Florida has hired James Stallings, a banking and credit risk leader with nearly 25 years of experience, as Executive Vice President and Chief Credit Officer. Stallings succeeds Richard Raiford, who recently... Read Story
March 02, 2022, 07:18 AM

Cadence Bank announced its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low-... Read Story
March 01, 2022, 07:06 AM

TD Bank Group and First Horizon Corporation announced they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued at $13.4 billion, or $25.00 for each common share of First Horizon. Through this... Read Story
February 28, 2022, 07:25 AM

TriState Capital Holdings, Inc. announced Matthew Lang has joined the company as Vice President, Relationship Manager of Equipment Finance for TriState Capital Bank. In this role, Lang is responsible for new business development and market growth in... Read Story
February 04, 2022, 07:19 AM

Pitney Bowes Inc. announced the roll out of a transformational best-in-class banking platform in 2022. The modern platform from Fiserv, a global provider of payments and financial services technology, creates the foundation for Pitney Bowes’ bank to... Read Story
February 03, 2022, 07:11 AM

Q2 Holdings, Inc., a provider of digital transformation solutions for banking and lending, released its 2022 State of Commercial Banking Market Analysis Report. The report, based on insights mined from Q2’s proprietary databases, is an annual review... Read Story
February 01, 2022, 07:10 AM

Wells Fargo appointed Derek Flowers as the company’s Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargo’s Independent Risk Management function, including compliance risk management. He will continue to serve as a... Read Story
January 19, 2022, 07:18 AM

The Risk Management Association (RMA) announced that 19 leading banks have formed the RMA Climate Risk Consortium ("The Consortium"), which will develop standards for banks to integrate climate risk management throughout their operations, preparing... Read Story
January 13, 2022, 07:05 AM

Webster Financial Corporation and Sterling Bancorp jointly announced that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies. As... Read Story
December 21, 2021, 07:15 AM

First Financial Bancorp. announced it has entered into an agreement to acquire Cincinnati, OH-based Summit Funding Group, Inc., the fourth-largest independent equipment financing platform in the United States. "We are very excited to join forces with... Read Story
December 08, 2021, 07:23 AM

Simmons First National Corporation and Spirit of Texas Bancshares, Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a... Read Story
November 22, 2021, 07:17 AM

The October 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the third... Read Story
November 11, 2021, 07:07 AM

After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal Banking, has informed TD of her intention to retire at the end of January 2022. Upon her retirement, she will be appointed to TD's U.S. Board of Directors, effective... Read Story
October 29, 2021, 07:20 AM

PNC Bank announced the appointment of two new regional presidents in California, further expanding its local leadership and decision-making model in the state. Jarrod Ingle joins PNC as the regional president and head of Corporate Banking for the... Read Story
October 28, 2021, 07:24 AM

Valley National Bancorp, the holding company for Valley National Bank, announced that regulatory approvals for the previously announced acquisition of The Westchester Bank Holding Corporation, and its banking subsidiary The Westchester Bank, has been... Read Story
October 28, 2021, 07:15 AM

BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, announced their proposed merger has received final Federal Deposit Insurance Corporation approval. The FDIC approval follows recent approvals from the Mississippi... Read Story
October 18, 2021, 07:22 AM

Columbia Banking System, the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, have entered into a definitive agreement under which the companies will join together in an all-stock... Read Story
October 13, 2021, 07:20 AM

Hancock Whitney expanded the number of financial experts serving the Greater New Orleans region.Hancock Whitney Senior Vice Presidents Elizabeth Hefler and Billy Hoffmann, two longtime Hancock Whitney financial services professionals serving South... Read Story
October 12, 2021, 07:15 AM

Valley National Bancorp and Bank Leumi Le-Israel Corporation announced they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA... Read Story
September 24, 2021, 07:19 AM

HSBC Global Commercial Banking announced that Martin Richards has been appointed Global Head of Sustainable Finance – Client Infrastructure for Commercial Banking. In this role, he will focus on delivering market-leading sustainable finance solutions... Read Story
September 22, 2021, 07:05 AM

Bank of America announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders.The company is adding five new members, including three women, to the senior... Read Story
September 13, 2021, 07:23 AM

Wells Fargo announced that Talena Hooper has been named division executive to lead its Commercial Banking Great Plains division. Based in Kansas City, Hooper now oversees commercial banking operations across Arkansas, Iowa, Kansas, Missouri, and... Read Story
September 01, 2021, 07:22 AM

The PNC Financial Services Group announced it is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC's long-standing support for accelerating the transition to a low-carbon economy, and... Read Story
August 20, 2021, 07:00 AM

Truist Financial Corporation announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer William H. Rogers Jr. will succeed Kelly S. King as chief executive officer on Sept. 12, 2021, as previously... Read Story
August 18, 2021, 07:33 AM

MUFG announced that Brian Gunn will join the company as Chief Risk Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary, MUFG Union Bank, effective September 13, 2021. Gunn succeeds Donna Dellosso, who announced her... Read Story
August 18, 2021, 07:31 AM

Webster Financial Corporation and Sterling Bancorp jointly announced that each company's stockholders have approved the proposed merger between Webster and Sterling at their respective special meetings of stockholders held today. The final voting... Read Story
August 18, 2021, 06:00 AM

Wells Fargo announced that Charles H. Noski will retire as Chairman and a member of Wells Fargo’s Board of Directors. Noski has stepped down as Chairman, and he will remain as a Director until he retires on Sept. 30, to facilitate the transition of... Read Story
August 11, 2021, 07:09 AM

Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder... Read Story
August 06, 2021, 07:00 AM

Connecticut Attorney General William Tong wrote to leadership of M&T Bank and People’s United Bank seeking detailed information regarding efforts to mitigate job losses and adverse economic impacts to Connecticut workers and communities. Last month... Read Story
August 03, 2021, 07:12 AM

The Boards of Directors of Lakeland Bancorp, the parent company of Lakeland Bank, and 1st Constitution Bancorp, the parent company of 1st Constitution Bank, have entered into a definitive Agreement and Plan of Merger, under which Lakeland will... Read Story
July 13, 2021, 07:15 AM

TD Bank Group announced the following executive changes, effective Sept. 1.Bob Dorrance to Retire; Will Remain Chairman of TD SecuritiesAfter a storied 40-plus-year career, Bob Dorrance, Chairman, CEO and President of TD Securities will retire from... Read Story
June 25, 2021, 07:25 AM

HSBC Bank USA is offering Sustainability-Linked Loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support a more sustainable, resilient and prosperous world.HSBC SLLs are available in a variety of corporate loans... Read Story
June 17, 2021, 05:42 AM

Huntington Bancshares Incorporated announced it has closed its merger with TCF Financial Corporation, creating a Top 25 U.S. bank holding company.The combination positions Huntington for enhanced profitability and scale, revenue growth opportunities... Read Story
June 10, 2021, 07:21 AM

Santander Bank appointed Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank.Baldinelli will lead business development, market growth and relationship... Read Story
March 30, 2021, 07:17 AM

Peoples Bancorp and Premier Financial Bancorp jointly announced the signing of a definitive agreement and plan of merger pursuant to which Peoples will acquire, in an all-stock merger, Premier, a bank holding company headquartered in Huntington, West... Read Story
March 30, 2021, 07:15 AM

Capital Farm Credit announced the following additions to its Executive Management Team: Jon Hutchinson was named Chief Credit Officer; Sally Lawson was named Chief Financial Officer; Phil Peabody was named Chief Lending Officer; and Glenn Trant was... Read Story
March 23, 2021, 07:15 AM

PNC Bank announced the entry into a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services, having engaged in over 750 M&A transactions since 2011. Upon the... Read Story
December 21, 2017, 07:07 AM

Financial research firm Greenwich Associates named Huntington one of the nation's top banks for businesses with the presentation of 17 Greenwich Excellence Awards. Huntington stood out among top middle-market banks that Greenwich Associates notes are... Read Story
February 17, 2017, 07:02 AM