BM Technologies to buy Seattle community bank to ‘accelerate earnings power’

The $23 million deal, set to close in the second half of 2022, will allow BM Technologies to supplement fee-based income with net interest income, CEO Luvleen Sidhu said.

Original source: https://www.bankingdive.com/news/bm-technologies-to-buy-seattle-community-bank-to-accelerate-earnings-power/610056/