LOS ALAMOS, N.M.–June 23, 2017–On June 19, 2017, the Board of Directors of Los Alamos National Bank (“LANB” or the “Bank”), the wholly-owned subsidiary of Trinity Capital Corporation (the “Company”), appointed Thomas Dolan as Chief Financial Officer of the Bank, effective immediately. Mr. Dolan, age 57, joined LANB in April 2017 as its Senior Financial Officer. Prior to joining LANB, CONTINUE READING >>
Copyright © 2017, SNL Financial By Timothy Ramos Sioux Falls, S.D.-based MetaBank and Wilmington, Del.-based Bancorp Bank completed their purchase and assumption agreement, with the former assuming prepaid accounts from the latter. After securing approval from the OCC in March, the two completed the transaction May 1. MetaBank will assume roughly $10.5 million in liabilities on approximately 1.5 million prepaid CONTINUE READING >>
HARRISBURG, PA and CLEARFIELD, PA–(Marketwired)–Riverview Financial Corporation (“Riverview”) (OTCQX: RIVE), headquartered in Harrisburg, Pennsylvania, and CBT Financial Corp. (“CBT”) (OTC PINK: CBTC), headquartered in Clearfield, Pennsylvania, jointly announced today the execution of an agreement and plan of merger (the “Agreement”) pursuant to which CBT will merge with and into Riverview in a transaction valued at approximately $50 million. The merger CONTINUE READING >>
BLAIRSVILLE, Ga. and LORIS, S.C.–(GLOBE NEWSWIRE)–United Community Banks, Inc. (NASDAQ:UCBI) (“United”) and HCSB Financial Corporation (OTCQB:HCFB) (“HCSB”) announced today a definitive agreement for United to acquire HCSB and its wholly-owned bank subsidiary, Horry County State Bank, in an all-stock transaction. The transaction has been unanimously approved by the Board of Directors of each company and is expected to close in CONTINUE READING >>
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