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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