Santa Cruz County Bank consummated a holding company reorganization with the formation of West Coast Community Bancorp, which went into effect on Aug. 18. read more

AUG 31, 2023 - 6:35 am

Bank of Montreal appointed Hazel Claxton, former executive vice president and chief human resources officer of Morneau Shepell (now part of TELUS Health), to its board of directors. read more

AUG 31, 2023 - 6:34 am

Sierra Bancorp, the parent of Bank of the Sierra, an independent bank headquartered in the South San Joaquin Valley in California, named Natalia Coen executive vice president and chief risk officer for both the company and the bank. read more

AUG 31, 2023 - 6:33 am

Peapack-Gladstone Financial and Peapack Private, a division of Peapack-Gladstone Bank, appointed James McKenna senior managing director and commercial private banker. McKenna previously served as first vice president and relationship manager at Valley National Bank. read more

AUG 31, 2023 - 6:31 am

Titan Machinery, an owner of a network of agricultural and construction equipment stores, entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons (O’Connors), a Case IH dealership group in Australia, for $63 million in cash. read more

AUG 31, 2023 - 6:29 am

The Equipment Leasing and Finance Association filed to join an injunction to stop implementation of Section 1071 of the Dodd-Frank Act by the Consumer Financial Protection Bureau. read more

AUG 30, 2023 - 6:56 am

Tamarack Technology, a provider of business intelligence and artificial intelligence-based automation products and software integration services, entered into a partnership with equipment finance consulting firm Rinaldi Advisory Services. read more

AUG 30, 2023 - 6:52 am

First Citizens Bank’s capital equipment finance group, part of the CIT division, served as lead arranger on $200 million in financing for New Fortress Energy. The loan will support New Fortress Energy's grid stabilization project in Puerto Rico. read more

AUG 30, 2023 - 6:50 am

Gibraltar Equipment Finance closed a $4 million equipment financing transaction to support a sponsor-backed specialty pet food manufacturer. read more

AUG 30, 2023 - 6:48 am

Western Alliance Bank appointed Julian Parra head of commercial and industrial banking for California. Parra most recently served as regional commercial banking executive for California, Nevada and Hawaii at Bank of America. read more

AUG 30, 2023 - 6:47 am

First Horizon Bank named Hunter Hill regional president of its south-central region, which includes Birmingham, AL; Mobile, AL; and Atlanta. As regional president, Hill will be responsible for all banking operations within the region. read more

AUG 30, 2023 - 6:46 am

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, hired Darren Sabeski as an account manager to support business development initiatives in its inventory finance division. read more

AUG 30, 2023 - 6:45 am

Capital Bank, a commercial bank in the Washington, D.C. region, launched a new lender finance group, hiring Scott Lisman and Thomas Scott to lead the new line of business. Lisman and Scott previously worked at Pacific Western Bank. read more

AUG 30, 2023 - 6:43 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume in the equipment finance industry for July was $9.9 billion, down 2% year over year. read more

AUG 29, 2023 - 7:15 am

Standard Chartered signed agreements for the sale of its global aviation finance leasing business for $700 million to AviLease, an aircraft leasing company owned by Saudi Arabia’s sovereign wealth fund. read more

AUG 29, 2023 - 7:13 am