Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
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Northeast Community Bancorp (NECB) in White Plains, N.Y., is opening a fourth branch in Massachusetts as part of its continued expansion in the suburbs surrounding Boston.
By Alan KlineMay 22 -
Umpqua Holdings (UMPQ) in Portland, Ore., continues to ramp up in commercial real estate lending at a time when many other banks are shying away from the sector.
By Alan KlineMay 22 -
Three prominent private-equity groups that already own significant stakes in Hampton Roads Bankshares (HMPR) have agreed to pump another $50 million into the Norfolk, Va., company.
By Alan KlineMay 22 -
FNB United (FNBN) in Asheboro, N.C., is planning to sell up to two million shares of its common stock in a move that could net it close to $60 million of fresh capital.
By Alan KlineMay 21 -
More than 100 former HSBC Bank branches across upstate New York and Connecticut are now operating as branches of First Niagara Bank.
By Alan KlineMay 21 -
National Bank Holdings in Boston is shifting its headquarters to Denver following a string of bank acquisitions in Colorado and nearby states.
By Alan KlineMay 18 -
Now that a proposal to give credit unions more business lending power has been tabled, banks and credit unions have resumed their long-running battle over taxes.
By Alan KlineMay 18 -
BankTennessee in Collierville has been released from a two-year-old enforcement order after it improved its capital ratios and sharply reduced its concentration of commercial real estate and construction loans.
By Alan KlineMay 18 -
More than two-dozen have already announced that would stop filing reports with the regulator and many more could follow as they aim to cut costs.
By Alan KlineMay 18 -
Capitol City Bank, a minority-owned bank in Atlanta that is under orders from its regulators to add fresh capital, is getting a shot in the arm from SunTrust Banks (STI).
By Alan KlineMay 17 -
Two Massachusetts thrifts that are planning to merge next quarter have decided on a new name for the combined company.
By Alan KlineMay 17 -
Prosperity Banchares’ deal to buy East Texas Financial Services is on hold after another bank holding company that owns a stake in the $212 million-asset East Texas filed a lawsuit to block the sale.
By Alan KlineMay 17 -
Just weeks after Capital One Financial (COF) said it was cutting 500 assistant manager jobs at its branches, FirstMerit (FMER) in Akron, Ohio, announced this week that it would eliminate all assistant branch manager jobs as part of a broad cost-cutting initiative.
By Alan KlineMay 16 -
Activist investor Joseph Stilwell is not winning much outside support in his bid to force changes at First Financial Northwest (FFNW) in Renton, Wash.
By Alan KlineMay 16 -
A month after expanding into Connecticut with its acquisition of a Hartford bank, Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has added one of the state's most famous citizens to its board of directors.
By Alan KlineMay 16 -
Central Bank in Stillwater, Minn., is buying another distressed bank. It has a deal to buy the struggling Bank of Naples in Florida.
By Alan KlineMay 16 -
Jamie Dimon may no longer be President Obama's favorite banker, but the president is still apparently a fan of Dimon's bank.
By Alan KlineMay 16 -
First Federal Savings Bank in Elizabethtown, Ky., is planning to sell four more of its branches as part of its ongoing effort to beef up its capital levels.
By Alan KlineMay 16 -
One drawback with most envelope-free automated teller machines is that checks and cash have to be deposited separately, but that could soon change for customers of Fifth Third Bank (FITB).
By Alan KlineMay 15 -
The Japanese parent of Union Bank in San Francisco announced Tuesday that the bank's chief executive, Masashi Oka, has taken on the additional title of CEO for the Americas.
By Alan KlineMay 15
