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Management

F&M will buy Peoples Federal Savings and Loan Association
Plus: Executive appointments at Mission National Bank, Pinnacle Bank, and Heritage Southeast Bank
Sandy Spring Insurance Corporation sold to Hub International for undisclosed amount amid staff promotions
Senior appointments also made at PNC, Fulton Bank, Coastal Community Bank and 1st Security Bank
The merger will create a banking group with $1.8 billion in assets
PCSB Bank will operate as a separate bank subsidiary of Brookline when the deal concludes later this year
Plus: Wayne Bank CEO moves to board chair, California Bank of Commerce splits CEO and president roles
The two banks were unable to agree an extension to the acquisition plan despite regulatory approval
New members for FDIC community banking committee; chief revenue officer for Finward Bancorp
Staff turnover increased 35% year-on-year, on average, according to WorkFusion

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