Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
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The new capital will allow the Austin bank to increase its lending limit.
May 14 -
Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.
May 14 -
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.
May 9 -
The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.
May 9 -
The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7 -
The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6 -
The California company was issued a consent order after it failed to meet the conditions of a January 2018 informal agreement.
May 6 -
Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.
May 4 -
MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.
May 3 -
Shelley Seifert had been the bank's chief operating officer.
May 1
