News

Northpointe Bank Parent Company Raises $25 Million from PE firm

  • Posted: 06/3/2019
  • Castle Creek
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GRAND RAPIDS — Northpointe Bancshare Inc. raised $25 million in capital through a private placement of common stock with Castle Creek Capital LLC, a private equity firm based in Rancho Santa Fe, Calif., north of San Diego. The Grand Rapids-based parent company of Northpointe Bank plans to use proceeds from the capital raise to support further growth and “other general corporate purposes,” the company said. CONTINUE READING >>

OTC Markets Group Welcomes Tri County Financial Group Inc. to OTCQX

  • Posted: 05/21/2019
  • Castle Creek
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NEW YORK, May 21, 2019 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Tri County Financial Group Inc. (OTCQX: TYFG), the holding company for First State Bank, has qualified to trade on the OTCQX® Best Market.  Tri County Financial Group upgraded to OTCQX from the Pink® market. Tri County Financial Group begins trading today on OTCQX under CONTINUE READING >>

Suncrest Bank Named to Top 200 Healthiest Banks

  • Posted: 05/20/2019
  • Castle Creek
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SACRAMENTO, Calif. and VISALIA, Calif., May 20, 2019 /PRNewswire/ — Suncrest Bank (OTCQX: SBKK) today announced it has been named as one of DepositAccounts.com Top 200 Healthiest Banks for 2019. This is the second year in a row that Suncrest Bank has been named to this prestigious list. Suncrest received an A+ rating signifying its status as one of the healthiest banks in the United States. To CONTINUE READING >>

Heartland Financial USA, Inc. Completes Acquisition of Blue Valley Ban Corp.

  • Posted: 05/13/2019
  • Castle Creek
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DUBUQUE, Iowa and OVERLAND PARK, Kan., May 13, 2019 (GLOBE NEWSWIRE) — Dubuque, Iowa-based Heartland Financial USA, Inc. (NASDAQ: HTLF) (“Heartland”) announced today the completion of its acquisition of Blue Valley Ban Corp. (OTCQX: BVBC) (“BVBC”) and its wholly-owned subsidiary, Bank of Blue Valley, headquartered in Overland Park, Kansas, at the close of business on May 10, 2019. BVBC was merged with CONTINUE READING >>