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The company, which recently shared a three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the ouster of its CEO.
February 14 -
The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.
February 12 -
Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.
February 9 -
Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing deposits to their larger rivals.
February 8 -
Investors, a former serial acquirer that has been sidelined by an informal order tied to Bank Secrecy Act compliance, has hired an executive from EverBank.
February 7 -
The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.
January 31 -
The company, which has been actively curbing growth to avoid becoming a systemically important financial institution, reported lower loan balances and reduced fee income after exiting the residential wholesale mortgage business.
January 31 -
The bank said it plans to use proceeds from the placement to expand its operations.
January 30 -
Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business.
January 29 -
The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.
January 26
