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americanbanker.com/news/from-frie… American National Bankshares in Danville, Va., is selling to Atlantic Union Bankshares in Richmond. The deal bolster's Atlantic Union's position as the biggest bank headquartered in Virginia, while giving it a springboard for expansion in North Carolina.

americanbanker.com/news/fast-grow… Is something brewing in Santa Rosa? Poppy Bank, the city's No. 3 lender is "accumulating shares" in a smaller competitor, Summit State Bank. Poppy owns just under 5% of Summit State and has applied to the Fed to boost its stake to 24.99%.

americanbanker.com/news/the-turna… Turning Sterling Bancorp in Michigan around involved three years of hard work for CEO Tom O'Brien, he enjoyed the challenge, likening it to "an adrenaline rush." O'Brien said he would consider helping another troubled bank "if I could be a value-add."

americanbanker.com/news/dime-comm… Dime Community Bank has come a long way in its commercial transformation. Today, C&I and owner-occupied CRE loans comprise 21% of Dime's $10.8 billion portfolio. At year end 2016, they were virtually nil, with multifamily totaling 82% of the loan book.

Carrie Tolstedt, ex-senior exec Wells Fargo, will be sentenced tmrw after pleading guilty to a criminal charge in connection w/ the bank's fake-accounts scandal. To get up to speed, check out my extensive new podcast intrw about Wells w/ Lee Reiners: tinyurl.com/3p573rha

americanbanker.com/news/bank-owne… For EverBank, betting big equals investing big time, as it brings on two fund finance heavyweights to lead a new division aimed at serving investment funds. A few years down the road, this could be a major contributor to the balance sheet and bottom line.

americanbanker.com/news/sbas-push… SBA Administrator Isabel Casillas Guzman appears to have taken a page from the War on Poverty playbook in her effort to boost capital access for minorities and other historically disadvantaged groups.

Before 2008, every wave of bank consolidation was met with increased de novo bank formation. Displaced community lenders attracted local capital to establish locally owned and managed tax-paying banks with intense focus on a small geographic footprint. The extremely high barrier

americanbanker.com/news/riding-a-… When is a single new bank branch more than just one new bank branch? When it gets your institution in on the ground-floor of one of the Southeast's fastest-growing markets. That appears to be what First National Community Bank has done in Dallas, Georgia.

americanbanker.com/news/fade-to-b… I see the occasional in-store bank branch. There's a Woodforest location inside the Walmart I frequent in Fredericksburg, Va. Still, they're not nearly as widespread as they were a decade ago, or two decades ago, which we noted today in American Banker

americanbanker.com/news/a-michiga… After six decades of decline, Detroit has returned to growth mode. Banks are taking note.

americanbanker.com/news/first-eve… This is a big deal. DOJ has never pursued a redlining case against a credit union before. The consent order with Citadel Federal Credit Union is DOJ's 14th since launching a redlining initiative three years ago.

americanbanker.com/news/first-eve… For its part, Citadel Federal Credit Union says it's never had any intent to discriminate and disputed the DOJ allegations, even though it signed a consent order. (2/2)

americanbanker.com/news/vista-ban… Dallas-based Vista Bank does business in Texas and Florida. It had one of its best years in 2024, earning nearly $28 million. A key executive says 2025 is shaping up to be big, as well. With wind in its sails, Vista eyeing expansion opportunities.

americanbanker.com/news/why-this-… CEO Kelly Skalicky is convinced relying on deposit service fees is a losing move for banks, which helps explain why Stearns Bank in St. Cloud, Minnesota, just eliminated fees on overdrafts.