Community banks need to rethink their technology and marketing to ensure they are snagging a piece of the millennial generation. Big banks have the lead in reaching this demographic, but they are vulnerable, experts said.

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Banks can't live with commercial lending and can't live without it these days, two earnings reports Friday showed. First Niagara's commercial loans rose while TCF's fell. But TCF's margin is much higher and fell less sharply than First Niagara's.

A number of community banks reported higher loan-loss provisions during the second quarter despite improved credit quality. For some, the burgeoning trend could be yet another sign that the industry is getting back on track.

The Georgia company is also planning a marketing campaign to promote its brand and expanded technology offerings.

CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in the definition of what it requires to be a systemically important institution. With OneWest off the table, industry observers wonder if the thrift can find the deal it’s been looking for.

Sixteen banks, along with John Eggemeyer and Tim Chrisman, raised $6.3 million to keep the Hispanic-focused bank from failing.

Recent calls in Congress to take a closer look at the quasi-governmental Farm Credit System and its regulator have pleased bankers, who want to bring attention to their complaints of unfair competition.
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Huntington CEO Stephen Steinour
Consumer confidence is improving but uncertainty surrounding world events and gridlock in Washington continue to temper expectations for Stephen Steinour.

Regulatory constraints make it hard for banks to offer payday and other short-term loans, so why not refer those potential customers to credit unions who can? Some banks -- including Bank of America, TD and South State -- have decided this is a good strategy and helped start a credit union in South Carolina to do the job.
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The ongoing search for expense cuts continues, as investors wonder why regional banks such as KeyCorp, Fifth Third, Webster Financial and M&T aren't cutting more and faster.

A group led by Michael Quagliano, Solera's biggest shareholder, successfully took over the company's board last month, possibly ending a lengthy proxy battle.

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