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Mergers & Acquisitions

Plus: Wayne Bank CEO moves to board chair, California Bank of Commerce splits CEO and president roles
Michael Hsu calls for reform but rejects the idea of a moratorium on transactions
United is targeting an expansion into ‘attractive’ Southeastern markets
The two banks were unable to agree an extension to the acquisition plan despite regulatory approval
New members for FDIC community banking committee; chief revenue officer for Finward Bancorp
Staff turnover increased 35% year-on-year, on average, according to WorkFusion
The acquisition is a move to strengthen First Bancshares’ presence in the Florida panhandle region
Plus: New head of banking at Wells Fargo and presidents at Gateway Bank and Dime Community Bank
Plus: New chief sustainability role at Wells Fargo and C-suite additions at South Atlantic Bank and Univest
The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
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