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Management

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
Plus: Promotions and new presidents at Surrey Bancorp and Embassy National Bank
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Plus: Promotions at Northrim, Gateway First, and SchoolsFirst FCU

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