Community banks
Old Glory Bank, the nation's leading crypto-native community bank, has announced a strategic partnership with Bits of Stock, a digital embedded investing platform, to deliver integrated wealth-building tools and investment capabilities to its customers. This collaboration aims to unify banking and investing, allowing customers to seamlessly and lawfully
Bank mergers
RBL Bank expects the proposed USD 3 billion fund infusion from Emirates NBD Bank to close by June next year, subject to regulatory and government approvals. The deal will see RBL Bank merge with a wholly-owned subsidiary of Emirates NBD in India, becoming a "listed foreign bank subsidiary."
Community banks
Hyperion Bank, a full-service community bank with offices in Philadelphia and Atlanta, has been recognized as one of the fastest-growing private companies in the nation by Inc. magazine's 2025 "Fastest-Growing" list. This is the bank's second year on the list, with a three-year growth
Bank mergers
First Community Bankshares, Inc. has entered a plan of merger agreement with Hometown Bancshares, Inc. to acquire Hometown's banking subsidiary, Union Bank, Inc., with total assets of approximately USD 402m. This merger will bring First Community's total consolidated assets to approximately USD 3.6bn with 60
Bank mergers
First Community Bankshares, Inc., a financial holding company based in Bluefield, Virginia, has entered into a merger agreement to acquire Hometown Bancshares, Inc., headquartered in Middlebourne, West Virginia. The acquisition, valued at $41.5 million, is expected to be completed in the first quarter of 2026, subject to customary closing
Community banks
First Community Bankshares, Inc. and Hometown Bancshares, Inc. have entered into an Agreement and Plan of Merger, resulting in First Community's acquisition of Hometown. The transaction, which requires shareholder and regulatory approvals, is expected to be completed in the first quarter of 2026. Upon completion, First Community will
Community banks
Despite the economic shocks faced by the financial sector in 2024, the Builsa Community Bank (BUCO Bank) achieved remarkable growth in various financial indicators. The bank's profit after tax skyrocketed to GHS5.33 million, a 646% increase from the previous year. The bank's stated capital also
Community banks
Quiq Capital LLC has announced the closing of its inaugural revolving credit facility with Dime Community Bank, providing the company with increased financial flexibility and liquidity to support business growth. This strategic partnership marks a significant step forward in strengthening Quiq's financial position and enabling the company to
Community banks
Nicolet Bankshares, Inc. announced its first quarter 2025 financial results, showcasing continued profitability and growth. Net income reached $33 million, with earnings per diluted common share of $2.08. Nicolet's Chairman, President, and CEO, Mike Daniels, emphasized the bank's commitment to disciplined growth and customer-centric approach,
Community banks
As part of Community Banking Month in April, First Federal Savings Bank and the Independent Community Bankers of America are highlighting the significant contributions of community banks to local economies. Community banks provide more than 60% of small-business loans and 80% of agriculture loans nationwide, generating tax dollars that support
Community banks
The merger of FNCB Bancorp, Inc. with and into Peoples Financial Services Corp. has been completed, creating a leading $5.6 billion community bank with operations in Pennsylvania, New York, and New Jersey. The combination of Peoples and FNCB will benefit customers and the communities they serve, create new opportunities
