Solera National Bancorp (SLRK) continues to go through management changes less than a month after an activist took over the Lakewood, Colo., company's board.
The $168 million-asset company disclosed in a regulatory filing Friday that Robert Fenton had been named its interim president and chief executive. Fenton, who was
Fenton replaced John Carmichael, who was
Fenton is Solera's fifth chief executive since 2008.
Multiple lenders filled leadership roles across the country, including National Bankshares in Virginia, while Peoples Financial in Pennsylvania said its CEO would step down.
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.
The payment company is connecting installment lenders with borrowers who may be looking for a product instead of a specific company.
U.S. Bancorp is splitting its payment services business in half; Flagstar Financial continues to fill out its leadership with an eye toward tech and risk management; First Horizon authorized an additional $350 million in stock buybacks for its $1 billion share repurchase plan; and more in this week's banking news roundup.
