Chris Cumming

Recent Stories From this Author

Community Banker of the Year: Glacier Bancorp's Mick Blodnick
December 18, 2014 Disciplined pursuit of acquisitions and efficient management of a complex business model have earned Mick Blodnick, the...

Bankruptcy Reform Proposals Could Hurt Banks
December 15, 2014 A controversial plan to reform the bankruptcy code would shift the balance of power between debtors and creditors, resulting...

Bid Dispute Leaves Minn. Bankruptcy Auction Unresolved
December 12, 2014 Bidding is over in the first bankruptcy auction to be held at the demand of trust-preferred creditors, but there's no clear...

Renasant Deal Latest Sign of M&A Rebirth in Georgia
December 11, 2014 Georgia once was known as the state hit with the most bank failures. Renasant's agreement to buy Heritage Financial in Albany,...

Investors Fight Back Against Trust-Preferred Loophole
December 3, 2014 In at least three recent instances, trust-preferred investors have filed lawsuits against lenders who either bought or sold...

Freedom Bank of Va. Extends Offering Deadline
November 26, 2014 The Freedom Bank of Virginia has extended the deadline for its $4 million stock offering in response to investors' requests...

Taboo May Be Ending for Dividend Payments to Bank Parents
November 25, 2014 Two community banks recently were permitted to transfer cash to their holding companies. It could be a sign that regulators...

UMB's Fee Revenue Providing Flexibility for Pricing, Selecting Loans
November 19, 2014 UMB Bank's strong fee revenue and cheap deposits give it leeway to compete on loan pricing, employing a strategy often used by...

Banc of California Chief on Handling Fast Growth, CRA Protests
November 18, 2014 Steven Sugarman, chief executive at Banc of California, recently completed a large branch acquisition after a public battle...

Victim of Loan Scam Presses USDA for Repayment, Reform
November 11, 2014 Pennant Management, which says it bought $179 million in bogus USDA-backed loans, claims the agency put up barriers to...

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