Consumer Finance

The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.

Stablecoins are already disrupting traditional finance and have the potential to eat away at banks' deposit base. Banks should be looking for ways to turn this emerging threat into an opportunity.

Business First Bancshares CEO Jude Melville and Progressive Bancorp head George Cummings are both second-generation bank CEOs — common ground that helped propel an $83 million merger deal.

The bank worked with Atomic to embed the digital payroll deposit manager into its mobile banking app.

The parent company of Wayne Bank said it would buy PB Bankshares for $54.9 million in cash and stock.

The voluminous resolution plans banks are required to submit to regulators are often set aside in the case of actual bank failures. There are far more efficient ways to ensure orderly bank resolutions.

Baton Rouge-based Business First Bancshares would pad its margin as Louisiana's largest state-chartered bank with an all-stock deal for Progressive Bancorp.

Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.

Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.