News

The Bancorp Announces Termination of Compliance-Related Consent Order

  • Posted: 11/24/2020
  • Jennifer Lian
  • No Comments

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK), announced today that the Federal Deposit Insurance Corporation (FDIC), the prudential regulator of The Bancorp Bank (Bank), has terminated its Consent Order with the Bank principally related to consumer compliance and third-party risk management. The termination of this Consent Order concludes all outstanding regulatory actions brought by the FDIC against the Bank. Follow CONTINUE READING >>

Enterprise Financial Services Corp Announces Completion of Merger With Seacoast Commerce Banc Holdings

  • Posted: 11/12/2020
  • Jennifer Lian
  • No Comments

ST. LOUIS–(BUSINESS WIRE)–Enterprise Financial Services Corp (Nasdaq: EFSC) (“Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today the completion of its merger with Seacoast Commerce Banc Holdings (“Seacoast”), effective November 12, 2020, and the merger of EB&T with Seacoast’s wholly owned subsidiary, Seacoast Commerce Bank (“Seacoast Bank”). The merger adds approximately $1.3 billion in assets, $1.2 billion CONTINUE READING >>

Bank of Southern California Hires Chief Banking Officer to Grow the Bank’s Presence in Southern California

  • Posted: 11/12/2020
  • Jennifer Lian
  • No Comments

SAN DIEGO–(BUSINESS WIRE)–Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Richard Hernandez has joined the company as Executive Vice President, Chief Banking Officer. He will be responsible for leading the Bank’s business banking teams with a focus on building strong, lasting customer relationships, growing loan and deposit CONTINUE READING >>

Bridgewater Bank Only Minnesota Bank Named in American Banker’s 2020 “Best Banks to Work For”

  • Posted: 11/11/2020
  • Jennifer Lian
  • No Comments

St. Louis Park, MN – Bridgewater Bank, today announced that it has been recognized as one of the 2020 Best Banks to Work For by American Banker Magazine. Bridgewater, highlighted as #46 on the list, is the only bank headquartered in Minnesota and one of 85 banks nationwide to be selected. Bridgewater Bank has focused on creating the premier banking CONTINUE READING >>