Community banking
Community banking
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Community banks' prospects will improve if they accept that the financial services industry is changing. They must re-examine strategies and business models, and experiment and improvise to exploit new opportunities.
December 17 -
Amalgamated Bank of Chicago has named David Knopp its next president.
December 17 -
Union First Market Bancshares (UBSH) in Richmond, Va., plans to remake its board and expand its executive team after acquiring StellarOne (STEL) in Charlottesville, Va.
December 17 - Ohio
LNB Bancorp (LNBB) in Lorain, Ohio, has sold $3.7 million of stock as part of a plan to exit the Troubled Asset Relief Program.
December 17 -
M&T Bank's (MTB) long-delayed purchase of Hudson City Bancorp (HCBK) could be held up until the end of 2014.
December 17 -
Early in the year Hanmi Financial in Los Angeles was poised to put itself up for sale. But its deal to buy a Texas bank with operations in six states could rearm Hanmi in its fight with BBCN Bancorp and Wilshire Bancorp to be the top Korean-American bank.
December 16 -
Nearly one in four Federal Housing Administration loans would go belly up in the next five years if another recession hit the U.S., a new study has found.
December 16 -
With payday loans in regulators' cross hairs, banks are looking to check cashing as a way to bring in new customers and boost fee income.
December 16 -
Urban Partnership Bank in Chicago is selling a branch, has launched an online banking platform and has made an unusual offer to customers.
December 16 -
Fiserv was supposed to post a note on the website of an N.C. bank that BNC recently bought that redirected the acquisition's customers to BNC's site. Unfortunately, the note appeared on the wrong website -- that of a nearby rival.
December 16 -
Sierra Bancorp (BSRR) in Porterville, Calif., has tapped Kevin McPhaill to be its president and chief executive-in-waiting.
December 16 -
Zions Bancorp (ZION) said the Volcker Rule will force it to take a $387 million charge on its portfolio of collateralized debt obligations.
December 16 -
Malvern Bancorp (MLVF) in Paoli, Pa., took an $18.8 million loss in the quarter that ended Sept. 30 after selling a batch of bad loans for a loss.
December 16 -
The community bank says it's winning over government contractors and law and accounting firms with technology that's a step ahead of peers.
December 16 -
Hanmi Financial (HAFC) in Los Angeles has agreed to buy Central Bancorp in Garland, Texas.
December 16 -
The Office of the Comptroller of the Currency on Friday closed Texas Community Bank, a $160 million-asset institution located north of Houston.
December 13 -
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A group of employees at Black Diamond Capital Management are looking to buy Pacific National Bank.
December 13 -
A recent survey found that a significant number of customer problems take multiple interactions to resolve or are left unaddressed. Improvement in this area is critical as banks try to keep customers.
December 13 -
Codorus Valley Bancorp (CVLY) in York, Pa., has appointed Benjamin Riggs to become its general counsel and secretary.
December 13




