F.N.B. Corporation promoted Scott Mizerak to chief digital officer of its banking subsidiary, First National Bank and its affiliates. In his new role, Mizerak will oversee and direct the future of the bank’s digital banking products, services and overall strategy.
Blue Ridge Bankshares, the holding company of Blue Ridge Bank and BRB Financial Group, appointed G. William Beale CEO of the bank, effective immediately. Brian K. Plum will continue as president and CEO at the holding company and focus on broader strategy.
Mid Penn Bancorp and Brunswick Bancorp signed a definitive merger agreement pursuant to which Mid Penn will acquire Brunswick in a transaction valued at approximately $53.9 million.
Richard B. (Randy) Anderson Jr. of National Capital Bancorp is set to retire as CEO of its subsidiary, The National Capital Bank of Washington, on Dec. 31. James Olevson, the current president of the bank, will succeed Anderson, effective Jan. 1.
John L. Holt, Jr. will retire as president and CEO of NexBank Capital, the parent company of NexBank, at the end of this year. Matt Siekielski, who is a director, executive vice president and chief operating officer of the company, will succeed Holt Jr.
TowneBank’s board of directors selected William (Billy) I. Foster III to succeed J. Morgan Davis as CEO. Davis will step down as CEO on Dec. 31 and will retire on March 31, 2023, after assisting with the transition process.
F.N.B. Corporation and UB Bancorp signed a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank.
F.N.B. Corporation and its banking subsidiary, First National Bank, promoted Brent J. Semachko to director of corporate responsibility.
LINKBANCORP completed the merger of GNB Financial Services with and into LINKBANCORP and the merger of LINKBANK with and into The Gratz Bank.
Tecum Capital Management received a license from the U.S. Small Business Administration (SBA) to operate its third SBIC fund and concurrently held its first closing for the new fund. This third fund is nearly fully subscribed at $240 million.