Mortgage Blog

The insurance subsidiary of Evans Bancorp Inc. is moving south with the acquisition of an insurance agency in Allegany County.

The Evans Agency LLC plans to purchase the business of Wellsville-based Richardson & Stout Insurance, whose 2017 premiums totaled $14.3 million. Once finalized, annualized premiums at The Evans Agency are expected to top $100 million.

Terms of the deal, which is set to close July 1, were not disclosed.

The agency will be known as Richardson & Stout Insurance, a division…

In contrast to a national trend of banks trimming their brick and mortar presence, Republic Bank has opened a branch office in Tampa’s Westshore business district.

The new office, at 1300 N. Westshore Blvd., is Republic’s seventh branch in the Tampa Bay area, and the first office it has added locally since buying Cornerstone Community Bank in May 2016.

The new office will be Republic's main branch in Hillsborough County. The bank currently has a small office in Temple Terrace, but David Feaster,…

The state budget that takes effect July 1 earmarks another $10 million for Invest Georgia, the state-run venture capital fund.

That brings the state's investment to $40 million since the General Assembly created Invest Georgia in 2013 to boost support for Georgia-based growth and early-stage companies.

“Invest Georgia furthers one of my top priorities as governor: building Georgia's reputation as the best place to start and grow a business so that every Georgian who wants a good job can get a good…

The first female Minnesota district director for the U.S. Small Business Administration, Nancy Libersky is a tireless champion for growth and economic development, as well as small-business success.

Finance veteran Jennifer Senecal has helped build Fargo, N.D.-based Bell Bank’s Twin Cities team from the ground up.

“The reason why we went public is to have the currency to acquire other banks,” Cadence President Hank Holmes said in an interview before the deal to acquire Atlanta’s State Bank Financial Corp. was announced this week. “It’s a tough acquisition market…We’re looking for a few gems out there.”

The nation’s largest bank could be a potential acquirer of Greater Cincinnati-based payments processor Worldpay Inc., according to a recent analyst report.

The ability to use way-finding signs and apps to navigate through the Queen City is something many take for granted. But what about those who are blind or visually impaired?

Charlotte-based Bank of America Corp. (NYSE: BAC) is teaming up with the Metrolina Association for the Blind to fund the installation of hundreds of iBeacons around the city. An iBeacon is a Bluetooth-enabled system that can transmit location and description data via the mobile app Blindsquare, which provides spoken descriptions…

A hedge fund accused the merchant lender of stealing its money.

LaSalle has been fielding unsolicited offers from competitor Pebblebrook Hotel Trust.