The former Astoria chief, who died Sunday, took Astoria from a sleepy mutual to the fifth-biggest publicly traded thrift in New York. Engelke was also know for freely speaking his mind while maintaining strong relationships with fellow bankers.

Breaking News

Where there's a will, there's a way for Chris Bauer, who guided Anchor through bankruptcy as a means of recapitalizing the once-struggling Wisconsin company. The turnaround was punctuated with the company's October IPO.

Small banks and credit unions are looking to a lab hosted by NCR's Digital Insight to try out new tech like biometrics and beacons in an effort to keep up with their larger competitors.

A controversial plan to reform the bankruptcy code would shift the balance of power between debtors and creditors, resulting in extensive — but difficult to forecast — changes to the banking industry.

The Defense Department's decision to bar service members from using the military's discretionary allotment system will reduce Farmers Capital's annual process revenue by nearly $1.5 million.

Trevor Burgess, CEO of C1 Financial, brings an investment banker's irreverence to the normally decorous business of community banking. But he's produced a record that backs up his brash talk.

Monterey Credit Union could be the first credit union to convert since mid-2013. Management hopes the move will allow it to make more small-business loans, while providing greater access to capital.

Some banks offer better mobile apps than others, although there is time to recover because most consumers are not quite ready to switch banks yet based on app quality.

The Mississippi company is hopeful examiners will recognize progress made on Bank Secrecy Act compliance, including a much bigger staff and enhanced systems. If all goes well, BancorpSouth could have a consent order lifted, paving the way for it to refile applications for two acquisitions it hopes to complete next year.

Georgia once was known as the state hit with the most bank failures. Renasant's agreement to buy Heritage Financial in Albany, Ga., is the latest of several deals where buyers have paid strong premiums to enter or expand in the state.

Deborah Wright, who is set to retire as Carver's CEO at year-end, says the New York bank is preparing new products to reach underserved parts of the city. While she says community development banks should merge, Carver has no immediately plans to roll them up.

See all Community Banking News

Fiserv is a leading global provider of information management and electronic commerce systems for the financial services industry.
Learn More
Informa Research Services is the premier provider of competitive intelligence, mystery shopping, and compliance testing services to the financial industry.
Learn More
CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions.
Learn More
Already a subscriber? Log in here
Please note you must now log in with your email address and password.