ANCHORAGE, AK – In a move that signals a significant shift in the competitive landscape of West Coast community banking, Northrim BanCorp, Inc. (NASDAQ: NRIM), the parent company of Northrim Bank, has announced a definitive agreement to acquire People’s Bank of Commerce (OTC: PBCO), headquartered in Medford, Oregon. The strategic merger, valued at approximately $32.36…
By PYMNTS July 20, 2026 In a decisive move to bolster its technological sovereignty and streamline its financial product offerings, FinWise Bancorp—the parent entity of FinWise Bank—announced on Monday, July 20, 2026, that it has successfully acquired the technology platform and related assets of Tallied Technologies. This acquisition marks a significant milestone for the institution,…
By PYMNTS | July 17, 2026 Fifth Third Bancorp is beginning to reap the initial rewards of its high-stakes merger with Comerica, signaling a transformative period for the institution as it navigates the complexities of a large-scale systems integration. During the company’s second-quarter earnings call held on Friday, July 17, 2026, Chairman, CEO, and President…
For the first time in nearly two decades, the skyline of Pittsburgh’s financial district is bracing for a new tenant that represents a rare breed in the modern banking landscape: a de novo community bank. Brian Tabb, a former senior executive at BNY (formerly BNY Mellon), has officially filed applications with federal regulators to establish…
SOUTHERN PINES, N.C. — In a move that significantly bolsters its presence in the competitive Southeastern financial corridor, First Bancorp (Nasdaq: FBNC), the parent company of Southern Pines-based First Bank, has officially entered into a definitive agreement to acquire First Carolina Bancshares Corporation. The Florence, South Carolina-based target is the parent company of Carolina Bank…
The financial landscape of the Washington, D.C. metropolitan area is undergoing a significant transformation. In a move that blends century-old tradition with modern growth-oriented banking, Old Dominion National Bank (ODNB) and National Capital Bancorp (NACB) have announced a definitive merger agreement. This strategic consolidation is set to create a formidable regional institution, ranking as the…
