News

Summit Financial Group, Inc. Completes Acquisition of WinFirst Financial Corp. and Subsidiary, WinFirst Bank

  • Posted: 12/15/2020
  • Jennifer Lian
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Summit Financial Group, Inc.Tue, December 15, 2020, 3:00 AM PST MOOREFIELD, W.V., Dec. 15, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective December 15, 2020, of the acquisition by its subsidiary Summit Community Bank, Inc. of WinFirst Financial Corp. and its subsidiary, WinFirst Bank, headquartered in Winchester, Kentucky. The former WinFirst Bank offices will CONTINUE READING >>

Bank of Southern California Names Thomas G. Dolan Chief Financial Officer

  • Posted: 12/7/2020
  • Jennifer Lian
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Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financial Officer. In his new role, he will continue to serve as a key member of the executive leadership team and will lead financial planning and analysis, accounting, investor relations, and CONTINUE READING >>

The Bancorp Announces Termination of Compliance-Related Consent Order

  • Posted: 11/24/2020
  • Jennifer Lian
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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
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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 >>