Search Results for: Community Bank

Texas Partners Bank partners with Legacy Mutual Mortgage
Mortgage News

Texas Partners Bank partners with Legacy Mutual Mortgage

Fintech News Desk
by Fintech News Desk0
Texas Partners Bank announced a partnership in Legacy Mutual Mortgage with key executives of Legacy. The acquisition of the partnership interests of Legacy provides Texas Partners Bank, whose members include The Bank of San Antonio, The Bank of Austin, and Texas Hill Country Bank, with a comprehensive mortgage platform broadening......
Bank First Capital Corporation Completes Acquisition of The Citizens Bank of Fayette
Banking Fintech News

Bank First Capital Corporation Completes Acquisition of The Citizens Bank of Fayette

Fintech News Desk
by Fintech News Desk0
Bank First Capital Corporation , parent of Bank First Financial Services (the “Bank”), announced the completion of its acquisition of The Citizens Bank of Fayette, Fayette, Alabama (“Citizens Bank“) from F.B.H. Corporation, an Alabama corporation (“F.B.H.”).  The acquisition results in BankFirst having 32 offices serving Mississippi and Alabama, with total assets of approximately $2.0 billion, gross loans......
WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members
Fintech News

WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members

Fintech News Desk
by Fintech News Desk0
WSFS Financial Corporation, the parent company of WSFS Bank, completed the acquisition of the Bryn Mawr Bank Corporation, and its primary subsidiary, The Bryn Mawr Trust Company (“Bryn Mawr Trust”), as of January 1, 2022. In addition, in accordance with the merger agreement between WSFS and Bryn Mawr, Frank J.......
Customers Bank Makes Bold Move with Cryptocurrency Clients
Cryptocurrency News

Customers Bank Makes Bold Move with Cryptocurrency Clients

Fintech News Desk
by Fintech News Desk0
Customers Bank, the $19.1 billion subsidiary of Customers Bancorp, Inc, released a partial list of inaugural institutional crypto clients. The clients identified are among the premier cryptocurrency and digital asset institutions, making the bank one of the nation’s leading financial services providers in the growing global crypto industry. “The platform......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
by Fintech News Desk0
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
First Northern Bank Announces its Membership in Alloy Labs Alliance
Banking Digital Payments News

First Northern Bank Announces Its Membership in Alloy Labs Alliance

Fintech News Desk
by Fintech News Desk0
First Northern Bank announced its membership in Alloy Labs Alliance, a consortium of innovative community banks working together to drive innovation and change for community banking. First Northern Bank is the only member bank from California. Included in this announcement is the partnership Alloy Labs Alliance has created with Payrailz......
RBB Bancorp Announces Entry Into the San Francisco Bay Area with Agreement to Acquire Gateway Bank, F.S.B.
Banking News

RBB Bancorp Announces Entry Into the San Francisco Bay Area with Agreement to Acquire Gateway Bank, F.S.B.

Fintech News Desk
by Fintech News Desk0
RBB Bancorp announced that it has entered into a definitive agreement to acquire Gateway Bank, F.S.B. in a cash transaction valued at approximately $22.9 million, subject to certain terms and conditions, including customary holdbacks if certain contingencies are not met, and other possible adjustments as contained in the definitive agreement.......
Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings
Banking News

Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings

Fintech News Desk
by Fintech News Desk0
Double Bottomline Corp. has completed the purchase of Community Savings Bancorp, Inc., and its wholly-owned subsidiary, Community Savings, a federal savings association. The final aggregate merger consideration for the transaction was $9.5 million, which will result in the payment of $23.44 per share in cash to the shareholders of CCSB common stock.  It......
Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency
Digital Asset Management News

Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency

Fintech News Desk
by Fintech News Desk0
Manasquan Bank modernizes its digital banking offerings by expanding access for clients to buy, sell and hold cryptocurrencies Bakkt Holdings, Inc., a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, announced that Manasquan Bank, a NJ-based mutual community bank with......
Katahdin Bankshares Announces Stock Buyback Program, Up to $2.0 Million
News Stock Market

Katahdin Bankshares Announces Stock Buyback Program, Up to $2.0 Million

Fintech News Desk
by Fintech News Desk0
Katahdin Bankshares Corp., parent company of Katahdin Trust Company, a community bank founded in 1918 serving northern Maine and the greater Bangor and Portland regions, announced that its Board of Directors has approved a Stock Buyback Program. The Program authorizes the purchase of up to $2,000,000 of the Company’s outstanding shares of Common Stock through December 31, 2022.......
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