Community banking
Community banking
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The nation's 10 largest retail banks are at risk of losing $185 billion of deposits over the next year as customers will look to move primary accounts to community and regional banks that they perceive as being more consumer friendly.
November 9 -
CFG Community hires Daniel McKew as president two weeks after his resignation from the larger 1st Mariner.
November 9 -
Sen. Richard Shelby on Wednesday called for the Senate to pass a bill that would exempt more small banks from securities registration requirements.
November 9 -
Maybe James A. Bell can bring a few defense products to JPMorgan Chase & Co. board meetings to deflect some of the vitriol aimed at Wall Street.
November 9 -
Times are pretty good for ag lenders — that's why they are nervous.
November 9 - Pennsylvania
CNB Financial Corp. in Clearfield, Pa., said Tuesday that Charles R. Guarino had resigned as the company's treasurer and principal financial officer.
November 9 -
Policymakers who stood by and watched the mortgage bubble inflate, and then explode, ought to pay attention to what's happening in the student loan market. The parallels may not be precise, but they are pretty darn scary.
November 9 - South Carolina
CertusBank in Greenville, S.C. said Wednesday that it agreed to buy $96 million of performing loans and $211 million of deposits from First Guaranty Bank Corp.
November 9 -
There's bad news for those who withdrew funds on Bank Transfer Day to punish the targets of their ire. Most banks don't really need their money at least not right now.
November 9 -
Western Liberty Bancorp Inc. in Las Vegas reported a third-quarter loss of $6.9 million, u 50% from the second quarter, due largely to a noncash goodwill impairment charge.
November 9 -
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Anchor BanCorp Wisconsin in Madison is once again hoping it can push back to the due date of its line of credit.
November 8 -
Backed by private equity money, ex-execs of megabanks are taking over banks like FNB United in North Carolina. Their plans are ambitious, but skeptics question whether they know how to run community institutions.
November 8 -
First Citizens BancShares Inc., in Raleigh, N.C., said third-quarter profit rose 195% from a year ago, boosted in part by its acquisition of a failed bank in Colorado.
November 8 - Alabama
United Security Bancshares Inc. reported a loss of $1.3 million in third quarter as the Thomasville, Ala., company continued to be plagued by problem real estate loans.
November 8 - Texas
International Bancshares Inc. in Laredo, Texas, said Tuesday that its third-quarter profit fell 10% from the same period in 2010, to $27.3 million, as a drop in loan volume led to a decline in interest income. The company's earnings per share fell 11%, to 40 cents, in line with an analyst's estimate.
November 8 -
A Suffolk Bancorp executive says the company will request a hearing while it works "extremely hard" to produce overdue financial statements.
November 8 -
The deal between Sterling Financial and First Independent, both of Washington state, relies on a complex carve-out from a bank holding company. Creative maneuvers are needed these days, but this model isn't for everyone.
November 7 -
Southern Missouri charges ahead with a stock offering, while South Valley of Oregon pulls back an IPO. The divergent decisions say everything about the tough calls that small banks face in dealing with volatile stock markets.
November 7 -
Richard Fredricks, a bank examiner at the FDIC in Nebraska, used his time at an ABA conference to encourage executives at farm bank to remain vigilant policing loans and to learn from the experiences of commercial lenders.
November 7





