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Balances from the 52 branches Flagstar bought from Wells Fargo fell by 22% between the deal's announcement and closing, forcing the Michigan company to adjust the math for earning back tangible book value.
By Hilary BurnsDecember 11 -
The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.
By Hilary BurnsDecember 10 -
Sunrise Banks in Minnesota, which has a mission of helping underserved communities, also provides compliance services to fintechs with a similar mission.
By Hilary BurnsDecember 6 -
Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.
By Hilary BurnsDecember 6 -
Simone Lagomarsino, former CEO of Heritage Oak Bank, will succeed John Biggs next month.
By Hilary BurnsDecember 3 -
Credit unions have hired executives away from banks for years. Now banks are returning the favor.
By Hilary BurnsDecember 3 -
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.
By Hilary BurnsDecember 3 -
Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them.
By Alan KlineDecember 2 -
A meticulous approach to expansion, along with an ability to produce solid results while based in a slow-growth state, explains why Hageboeck is a Best in Banking honoree.
By Hilary BurnsNovember 28 -
Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.
By Hilary BurnsNovember 27 -
Michael Daly had been the Boston company's president and CEO since 2002. It did not say why he left.
By Hilary BurnsNovember 26 -
The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.
By Hilary BurnsNovember 21 -
Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.
By Hilary BurnsNovember 21 -
There is a surprising amount of pessimism in the air among bankers, including fears of another recession and House Democratic activism. But there are lots of reasons financial institutions should be feeling good.
By Andy PetersNovember 21 -
It started with financial literacy classes, but now Chelsea Groton Bank in Connecticut is offering crafts and other so-called lifestyle courses, all in an effort to connect with the public and drive traffic to its branches.
By Hilary BurnsNovember 20 -
Larry Helling will take over next spring as CEO of the $4.8 billion-asset QCR Holdings, when Douglas Hultquist retires.
By Hilary BurnsNovember 20 -
A broad decline in bank stocks and investor concerns about specific companies are among the reasons for a spike in insider purchases.
By Hilary BurnsNovember 15 -
Brenda Kerr will be responsible for creating a strategy for the bank's retail operations.
By Hilary BurnsNovember 15 -
New Valley Bank & Trust is set to become the state’s first new bank since 2008.
By Hilary BurnsNovember 15 -
The California company will pay $280 million for Leerink Holdings, which focuses on health care and life science firms.
By Hilary BurnsNovember 13

















