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The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Plus: Promotions and new presidents at Surrey Bancorp and Embassy National Bank
Russia-Ukraine war has shown tail risks are not independent of each other, Michael Hsu warns
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Public comments are requested regarding the proposed statement of principles
Plus: Promotions at Northrim, Gateway First, and SchoolsFirst FCU
Many Americans are preparing for a digital financial future, research shows, while a California bank is using bitcoin as loan collateral
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
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