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Civista to acquire Comunibanc for $50.2 million

Civista to acquire Comunibanc for $50.2 million

Gouverneur Bank to Acquire Citizens Bank of Cape Vincent

Gouverneur Bank to Acquire Citizens Bank of Cape Vincent

ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

  1. Financial Trends
  2. Human Resources
  3. Duties
  4. Lines of Business
US Banks Turn to Technology To Compete Against FinTechs

US Banks Turn to Technology To Compete Against Fin…

Traditional banks lack the underlying technology t...

Citi to exit consumer and small business banking in Mexico

Citi to exit consumer and small business banking i…

Decision is part of a wider strategic refresh

Banks Need to Expand Hybrid Banking Options to Survive

Banks Need to Expand Hybrid Banking Options to Sur…

COVID-19 has caused significant numbers of people ...

First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

First Financial Bank President to Join Federal Res…

Archie Brown has been president and CEO of First F...

ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay...

Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Valley Bank Names New President and First Farmers …

Plus: Regions Bank appoints financial services gro...

Fed Will Not Tell Banks to Restrict Lending to Oil and Gas Firms

Fed Will Not Tell Banks to Restrict Lending to Oil…

“That’s not our job. We don’t tell banks which sec...

Banking Trade Group Urges CFPB to Further Study Overdraft Use

Banking Trade Group Urges CFPB to Further Study Ov…

Follows December’s overdraft report from bureau wh...

Fed set to automate non-merger-related adjustments to member banks’ capital stock subscriptions

Fed set to automate non-merger-related adjustments…

The Federal Reserve has finalized a rule to automa...

Citi to exit consumer and small business banking in Mexico

Citi to exit consumer and small business banking i…

Decision is part of a wider strategic refresh

Bitcoin Verses Gold: Goldman Sachs Analyst Says Bitcoin Will Likely Increase Market Share

Bitcoin Verses Gold: Goldman Sachs Analyst Says Bi…

The gold investment market is just over $2.5 billi...

Credit Unions and Crypto-Assets

Credit Unions and Crypto-Assets

Bloomberg reported that credit unions are seeking ...

Fed set to automate non-merger-related adjustments to member banks’ capital stock subscriptions

Fed set to automate non-merger-related adjustments to member banks’ capital stock subscriptions

The Federal Reserve has finalized a rule to automate non-merger-related adjustments to member banks’ subscriptions
First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

Archie Brown has been president and CEO of First Financial Bank since 2018
Civista to acquire Comunibanc for $50.2 million

Civista to acquire Comunibanc for $50.2 million

The merger will create a company with total assets of approximately $3.3 billion
Citi to exit consumer and small business banking in Mexico

Citi to exit consumer and small business banking in Mexico

Decision is part of a wider strategic refresh
US Regional Bank M&A Activity Continues Amid Increased Regulatory Scrutiny

US Regional Bank M&A Activity Continues Amid Increased Regulatory Scrutiny

2021 saw several US banks announce new transactions despite simmering regulatory pressure
Gouverneur Bank to Acquire Citizens Bank of Cape Vincent

Gouverneur Bank to Acquire Citizens Bank of Cape Vincent

Plus German American has completed its merger with Citizens Union Bank of Shelbyville
First Citizens completes CIT Group merger

First Citizens completes CIT Group merger

First Financial and BankFirst also announced completion of M&A deals
ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay have also announced senior hires
Morgan Stanley launches education and career equity initiative

Morgan Stanley launches education and career equity initiative

The bank has dedicated $20 million to initiative which seeks to address systemic inequities in education and career outcomes
BMO to acquire Bank of the West for $16.3bn

BMO to acquire Bank of the West for $16.3bn

BNP Paribas subsidiary will add $56 billion of loans and $89 billion in deposits to BMO
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