Community banking
Community banking
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Price caps on debit card swipe fees were supposed to spell the demise of free checking accounts, but new research from the Kansas City Fed reveals otherwise.
December 11 -
Royal Bank of Scotland (RBS) will pay $100 million to state and federal regulators to settle allegations that it violated sanctions on doing business with Iran, Sudan, Myanmar and Cuba.
December 11 -
There may well be too many banks in the United States. Thats a problem for stock investors and CEOs of publicly traded banks to address, not policymakers.
December 11 -
Buyers in Texas show little interest in strugglers like Omnibank in Houston, leaving the door open for a buyer like Bank of the Ozarks from Arkansas that knows how to acquire and fix broken banks.
December 11 -
Despite widespread concerns at community banks, industry experts assert that regularly testing can help bankers with strategic planning.
December 11 -
IberiaBank Corp. (IBKC) said its president and chief executive has set up a plan to sell up to 11% of his stock in the Lafayette, La., company.
December 11 -
Even before Dodd-Frank, federal regulations had grown exponentially. The sheer quantity of the regulations is bad enough, but the complexity often confuses banks and their customers and increases compliance costs.
December 11 -
The $18.4 billion-asset company said in a regulatory filing Wednesday that it will shutter 37 branches inside Chicago-area Jewel-Osco stores and a branch in downtown Minneapolis.
December 11 -
The peer-to-peer lender, which has both threatened banks' traditional businesses and cultivated Wall Street ties, is now selling its loans to community banks and working with them to offer personal loans as a counter to big banks' dominance in credit cards.
December 11 -
EverBank Financial (EVER) in Jacksonville, Fla., has agreed to pay the Federal Deposit Insurance Corp. $48 million in connection with its purchase of the failed Bank of Florida in May 2010.
December 11 -
MetroCorp (MCBI) in Houston hired a consultant to scout possible Chinese suitors before agreeing to sell to East West Bancorp (EWBC) in Los Angeles.
December 11 - California
Tom Meuser will leave the role at the end of the year, the Sacramento Business Journal reported Tuesday. George Cook, the bank's president, will succeed him.
December 10 -
CFOs gave the strength of the U.S. economy an average score of 53 out of 100 up from 49 a year ago and the highest recorded rating in the last six years, according to the Bank of America Merrill Lynch 2014 CFO Outlook survey.
December 10 -
Apollo Bancshares in Miami, Fla., has agreed to buy First Bank of Miami in Coral Gables.
December 10 -
How to reconfigure retail-delivery networks to suit the next generation of customers was top of mind for bank CEOs Tuesday, even as news headlines dwell on new regulations and sluggish growth.
December 10 -
A large number of healthy community bank have struggled to gain access to capital. StoneCastle Financial hopes to change that.
December 10 -
Jacksonville Bancorp (JAXB) in Florida has filled its opening for a chief executive.
December 10 -
Mid-size regional banks are facing the highest level of customer attrition, squeezed by better service at small banks and better distribution and scale at larger rivals, according to J.D. Power. Rocky Clancy, vice president of financial services at J.D. Power, discusses how certain regional banks, including Cullen/Frost (CFR) and Huntington (HBAN), are outperforming and setting an example for other banks' customer satisfaction levels.
December 10 -
Bank of Hawaii (BOH) will reportedly delay its exit from American Samoa until the territory can recruit another bank.
December 10 -
When Sterling Bank rebranded following the financial crisis, we conducted focus groups with customers and employees. Engaging these groups ensured that any new or refined messages were believable and authentic to the organization.
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