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NC’s First Bank to buy SC lender for $166M
Buying Carolina Bank & Trust would add 14 branches to First Bank’s existing 113-location footprint and push the acquirer well past $13 billion in assets. The deal is set to close by the first quarter of 2027.
By Dan Ennis • July 15, 2026 -
Bank of America’s chatbot Erica continues to amplify digital engagement
Active users of Bank of America’s chatbot grew 23% year over year to 24.6 million.
By Kristen Doerer • July 15, 2026 -
Explore the Trendline➔
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TrendlineArtificial intelligence
Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.
By Banking Dive staff -
Citi flags potential for more severance this year
The bank, which has reduced headcount by about 5% over the past year, is focused on finding efficiencies to fund investments, executives indicated Tuesday.
By Caitlin Mullen • July 15, 2026 -
First Hawaiian to buy California’s TriCo in $2B deal
The acquisition, set to close by year-end, marks a return to the mainland for the Hawaiian lender, which was once part of BNP Paribas’ U.S. network.
By Dan Ennis • July 14, 2026 -
JPMorgan’s Dimon: Lake chose retirement after board named co-presidents
The CEO didn’t say what prompted last month’s appointment of Doug Petno and Troy Rohrbaugh as co-presidents, but referred to it as “a natural change” in the bank’s succession planning process.
By Caitlin Mullen • July 14, 2026 -
OCC shutters smallest US bank
Customers of Kentland Federal Savings and Loan Association of Kentland, Indiana, automatically became customers of nearby but unrelated Kentland Bank, which was appointed receiver by the FDIC.
By Gabrielle Saulsbery • July 13, 2026 -
Deutsche Bank fined $2M by Australian regulator
It’s the second fine this year for the German bank, though it did not admit guilt or liability.
By Gabrielle Saulsbery • July 13, 2026 -
Fed faults Iowa bank holding companies
TS Banking Group and its bank holding company subsidiary TS Contrarian Bancshares must strengthen capital at two subsidiary banks, the central bank ordered.
By Gabrielle Saulsbery • July 10, 2026 -
Valley Bank exec: AI is changing build-versus-buy question
The New Jersey-based lender is using tiered employee access to control AI costs while pursuing internal efficiencies and relationship-building use cases, its chief operating officer said.
By Caitlin Mullen • July 10, 2026 -
Activist investors push Alabama bank to use its built-up equity
United Bancorporation of Alabama has teased the prospect of M&A, but since a $123 million cash infusion, its expenses have ballooned and deposits have stagnated, investors said.
By Dan Ennis • July 9, 2026 -
Louisiana bank buys financial consulting firm
Business First Bancshares, parent company of b1BANK, is a serial acquirer. This marks its seventh deal since 2020.
By Gabrielle Saulsbery • July 9, 2026 -
Starling to whittle headcount by 3%
The London challenger bank is cutting jobs to eliminate duplication and accelerate product delivery, a spokesperson said.
By Gabrielle Saulsbery • July 8, 2026 -
PNC’s new mobile banking app built on personalization
The Pittsburgh-based bank wanted to debut a customizable app with more features and functionality “without making it heavy,” said Alex Overstrom, the lender’s head of retail banking.
By Caitlin Mullen • July 8, 2026 -
Bank7 to buy 71% of Century Bank, maybe
Century said it’s not involved in the share sale. But after its largest shareholder defaulted on loans at another bank with Century shares as collateral, the sale is partly up to the courts.
By Gabrielle Saulsbery • July 7, 2026 -
U.S. Bank pursues Gen Z with payments-first strategy
By treating payments as the entry point to banking relationships, the Minneapolis-based lender is cultivating a low-cost funding base in a fiercely competitive deposit environment, said executive Arijit Roy.
By Caitlin Mullen • July 7, 2026 -
Fed dings small Kansas lender for third time since 2023
Lenexa, Kansas-based Small Business Bank must address being “significantly undercapitalized” within 30 days, the central bank wrote.
By Gabrielle Saulsbery • July 6, 2026 -
OCC ends enforcement against Patriot Bank
Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC fees to decrease.
By Gabrielle Saulsbery • July 2, 2026 -
Warren grills Capital One CEO over CFPB nominee
The Democratic senator wanted to know if Capital One executive-turned-CFPB nominee Brian Johnson had any role in the bureau’s termination of a lawsuit against the bank.
By Dan Ennis • June 30, 2026 -
Commerce Bank in St. Louis to buy boutique firm
Buying Nolan & Associates would mark the $37.5 billion-asset bank’s second deal in a year.
By Gabrielle Saulsbery • June 30, 2026 -
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Two Southeast banks to merge in $163M deal
When it buys First Reliance, Colony Bank will become the largest sub-$10 billion-asset bank headquartered in Georgia or South Carolina, the acquirer said.
By Gabrielle Saulsbery • June 26, 2026 -
JPMorgan’s Lake exits as Petno, Rohrbaugh named co-presidents
Longtime executives Doug Petno and Troy Rohrbaugh will each hold two roles, as Marianne Lake – previously seen as a potential successor to CEO Jamie Dimon – retires from the company.
By Gabrielle Saulsbery • June 25, 2026 -
Banks strike deals in Michigan, Wisconsin
A deal in Michigan is set to create a $1.68 billion-asset bank. Another, in Wisconsin, will create a $3.1 billion-asset institution.
By Gabrielle Saulsbery • June 24, 2026 -
GOP senator slams banks over deposit posting
Sen. Bernie Moreno, R-OH, threatened legislative action Tuesday if banks don't voluntarily change the order in which they post transactions, saying that posting customers’ withdrawals before deposits can trigger overdraft fees.
By Caitlin Mullen • June 24, 2026 -
KeyBank bets on relationships over tech budgets
Still, midsize lenders must take “more progressive, larger steps” to meet evolving customer expectations, said Emily Gessner, who jumps from a consumer to a commercial role at the bank next month.
By Caitlin Mullen • June 23, 2026 -
Santander-Webster deal gets OCC approval
The $12.3 billion acquisition, which also needs a green light from the Federal Reserve and European Central Bank, got the OCC’s go-ahead 74 days after the application was submitted.
By Dan Ennis • June 18, 2026