Fentura Financial in Fenton, Mich., is the latest banking company to outline plans to sell common stock.
The $501 million-asset company said in a press release Friday that it plans to raise $15 million by selling about 1.1 million shares of common stock at $14 each.
The proceeds will be used to fund the company's
Texas Capital Bancshares in Dallas; Iberiabank in Lafayette, La.; and Unity Bancorp in Clinton, N.J., are also among the banks selling stock right now.
Former Avantax executive Walters is succeeding Simon Paris as Finastra's CEO.
Experian said it has gone "above and beyond the law" to investigate consumer disputes related to the accuracy of information.
Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean little for the central bank's approach to regulation under the incoming Trump administration.
The banking giant's exit from the global Net-Zero Banking Alliance leaves just three smaller U.S. banks in the group. Climate activists called large banks' departures a capitulation to Republicans' climate denialism.
A customer claims the Massachusetts bank fined her numerous times over a single botched purchase. The bank paid her back — but her class action lawsuit isn't going away.
The angry reaction of Bench's customers to its sudden closing was one thing that made it an attractive acquisition target, Employer.com executives say.
