Jeff Cardone presented on mergers and acquisitions at the RKL Credit Union Seminar in Phoenixville, Pennsylvania. The presentation focused on credit union mergers, credit union acquisitions of banks, subordinated debt and charter options for credit unions.
Read More...On October 15, 2025, Seneca Bancorp, Inc., Baldwinsville, New York, the holding company for Seneca Savings Bank, National Association, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. At the same time, Seneca Savings Bank converted its charter from a federal savings association to a national banking association. A total of 1,044,858 shares of common stock were sold in the offering at $10.00 per share. Seneca Bancorp’s common stock is quoted on the OTCQX Market under the symbol "SNNF."
Read More...On October 10, 2025, First Interstate Bank, Billings, Montana, completed its previously announced sale of twelve branches – ten Arizona branches and two Kansas branches – to Enterprise Bank & Trust.
Read More...To our clients and friends:
We have updated our monthly Bankers’ Bulletin publication with a revised presentation format, featuring new content and additional practical tips to help banks implement the regulatory developments we cover. Today we published Volume 22, which provides our insights into key banking industry developments from September 2025, including:
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