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Mergers & Acquisitions

Senior appointments also made at PNC, Fulton Bank, Coastal Community Bank and 1st Security Bank
The creation of Orca Bank will strengthen Savi Financial Corporation’s presence in the largest county it serves
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
Research from Zebra Technologies highlights the digitization lag in bank branches
At the same time, Florida’s First Home Bank has rebranded to BayFirst
Plus: Wayne Bank CEO moves to board chair, California Bank of Commerce splits CEO and president roles
Michael Hsu calls for reform but rejects the idea of a moratorium on transactions
United is targeting an expansion into ‘attractive’ Southeastern markets
The two banks were unable to agree an extension to the acquisition plan despite regulatory approval
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