CapStar Ranked #1 in Tennessee and #14 Nationally

CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR), the parent company of CapStar Bank, was recently ranked #1 in Tennessee, fifth among banks $1-5 billion in assets, and #14 among all banks nationwide in Bank Director’s “The Best U.S. Banks” report. Since 2017, Bank Director has analyzed the best in banking through its RankingBanking® reports. In 2022, Bank Director identified the best U.S. Banks based on those institutions that balance growth and profitability, deliver long-term shareholder...

Comerica Bank Names Corey Bailey EVP, Middle Market & Business Banking

Comerica Incorporated (NYSE: CMA) announced that Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, has been named to the new role of Executive Vice President, Head of Middle Market & Business Banking. Bailey will report to Peter Sefzik, Executive Vice President, Commercial Bank. Bailey’s new role is part of Comerica’s restructure within its Commercial Bank, which will feature two divisions focused on 1) Middle Market & Business Banking and 2) National & Specialty Businesses. Recently, Comerica announced...

Unit & Thread Bank to Expand Banking-as-a-Service Ecosystem

Unit, the banking-as-a-service platform that empowers companies to embed financial services into their products, today announced a strategic partnership with Thread Bank, a leading digital-first bank based in Rogersville, Tennessee. Companies will now be able to easily embed a complete set of banking services into their products—including accounts, cards, payments, and lending—using a single platform, in a matter of weeks. “In collaboration with Thread, Unit will be able to empower more companies to offer unique banking solutions...

FNWB Partners with Torpago, Spend Management Fintech

First Northwest Bancorp (FNWB) announced a strategic fintech partnership with Torpago, a rapidly growing corporate card and spend management platform. “When evaluating corporate card providers, Torpago impressed us with the ease-of-use and efficiency of its integrated spend management software. We are excited to support Torpago’s growth as a customer and an investor,” shared Matt Deines, CEO of FNWB and First Fed. The partnership will include an equity investment and line of credit to enable Torpago’s...

Cenlar Appoints New Chairman of the Board and Co-CEOs

Cenlar FSB, the nation’s leading mortgage loan subservicer and federally chartered wholesale bank, announced that Dave Applegate has been appointed Chairman of the Board of Directors. In addition, Executive Vice President and Chief Operating Officer Robert “Rob” Lux has been named co-CEO along with D. James “Jim” Daras, who will also serve as President. Dave, who has been a member of the board since 2020, has more than 30 years of experience in residential real...

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