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Bank acquisitions announced in Illinois, Pennsylvania

ABA Community Banking

Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp. The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal.

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Mid Penn Bancorp to buy William Penn Bancorp in Pennsylvania

ABA Community Banking

Mid Penn Bancorp in Harrisburg, Pennsylvania, has agreed to buy William Penn Bancorp in Bristol. The post Mid Penn Bancorp to buy William Penn Bancorp in Pennsylvania appeared first on ABA Banking Journal. The deal is expected to close in the first half of next year.

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Community banks hire, promote top executives in October

American Banker

Multiple lenders filled leadership roles across the country, including National Bankshares in Virginia, while Peoples Financial in Pennsylvania said its CEO would step down.

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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” Guidelines From The UK.

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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too.

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First Bank to Expand in Pennsylvania with Malvern Deal

Banking Exchange

Plus: Georgia’s Piedmont Bank buys stake in lender; Texas-based Fidelity to change ownership Management Feature M&A Community Banking Feature3.

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Community bank, fintech team up to serve gig-economy workers

American Banker

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.