News

OTC Markets Group Welcomes InBankshares, Corp to OTCQX

  • Posted: 01/22/2020
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NEW YORK, Jan. 22, 2020–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced InBankshares, Corp (OTCQX: INBC), the holding company for InBank, an independent commercial bank serving the Denver Metro Area, southern Colorado and northern New Mexico, has qualified to trade on the OTCQX® Best Market.  InBankshares, Corp was previously privately-held. InBankshares, Corp begins trading today on OTCQX under CONTINUE READING >>

The Bancorp Increases Commercial Fleet Leasing Footprint, Acquisition Expands The Bancorp to Southeastern Pennsylvania Region

  • Posted: 01/14/2020
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WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK) is pleased to announce the recent acquisition of McMahon Leasing. The purchase expands The Bancorp’s footprint to the southeastern Pennsylvania region, which will include a leasing office located in Norristown, Pennsylvania. The purchase of McMahon allows for greater growth opportunities for The Bancorp. McMahon Leasing has been in business since 1987 under the CONTINUE READING >>

Summit Financial Group, Inc. Completes Its Acquisition of Cornerstone Financial Services, Inc. and Subsidiary, Cornerstone Bank, Inc.

  • Posted: 01/2/2020
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MOOREFIELD, W.Va.–(GLOBE NEWSWIRE)–Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective January 1, 2020, of the acquisition by its subsidiary Summit Community Bank, Inc. of Cornerstone Financial Services, Inc. and its subsidiary, Cornerstone Bank, Inc., headquartered in West Union, West Virginia. The former Cornerstone Bank, Inc. offices will continue to operate under that name until close of business on CONTINUE READING >>

Bank of Southern California Completes Capital Offering and Plans to Form Holding Company

  • Posted: 12/16/2019
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SAN DIEGO, Calif.–(PRNewswire)–Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12.00 per share. The Bank also announced its plans CONTINUE READING >>