Plus: New head of banking at Wells Fargo and presidents at Gateway Bank and Dime Community Bank
Plus: New chief sustainability role at Wells Fargo and C-suite additions at South Atlantic Bank and Univest
The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Plus: Promotions and new presidents at Surrey Bancorp and Embassy National Bank
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Plus: Promotions at Northrim, Gateway First, and SchoolsFirst FCU
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Ruling will block credit unions and other non-bank entities from banking M&A
