Community banking
Community banking
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New York State is considering legislation that would carve out an exception for check cashers from its 25% cap on interest rates for short-term loans, a move consumer advocates say is a backdoor attempt to allow payday lending in the nation's third-most populous state.
June 1 -
BankAtlantic, the Fort Lauderdale, Fla., subsidiary of BankAtlantic Bancorp, plans to release a mobile banking application for smartphones that run Google's Android software.
June 1 -
I've found that one of the great things about being in the banking industry is that it gives us both opportunity and reason to learn about how various businesses operate.
June 1 -
Witnesses at a House Small Business Committee hearing Wednesday told lawmakers that a harsh regulatory environment continues to restrict access to credit for small businesses.
June 1 - Arkansas
Home BancShares Inc. in Conway, Ark., said it recovered $4.4 million in chargeoffs booked in the fourth quarter.
June 1 -
There are plenty of reasons for dire predictions about the community banking sector, but one in particular is receiving less attention than it deserves: Bank operating revenue has been declining for more than a decade.
June 1 - New York
Bridge Bancorp in Bridgehampton, N.Y., said late Friday that it had completed its $6.3 million acquisition of Hamptons State Bank of Southampton, N.Y.
May 31 - California
Less than six months after completing its first bank acquisition, First General Bank in Rowland Heights, Calif., has struck another deal.
May 31 - Puerto Rico
First BanCorp in San Juan, Puerto Rico, said Tuesday that it struck an agreement under which the private-equity firm Thomas H. Lee Partners LP may buy $180 million of the company's common stock.
May 31 - Connecticut
Webster Financial Corp. in Waterbury, Conn., has hired a former top executive at NewAlliance Bancshares as its chief financial officer.
May 31 - Washington
Columbia Banking System wants to make acquisitions. But there are few opportunities in its market, relegating the Tacoma, Wash., company to taking small, deliberate steps.
May 31 - New York
Shares of Herald National Bank rose more than 25% Tuesday after Bloomberg reported that BankUnited in Miami Lakes, Fla., was in talks to acquire the small, New York-based commercial bank.
May 31 - California
Boston Private Financial Holdings Inc. has combined its four banks in New England, California and the Pacific Northwest under a single charter.
May 31 -
Community bankers are backing a bill introduced in the House of Representatives last week that would exempt privately held banks with less 2,000 shareholders from filing quarterly reports with the Securities and Exchange Commission.
May 31 - South Carolina
First Financial Holdings Inc. is selling its insurance agency subsidiary and its chief executive said that the Charleston, S.C., company intends to use the proceeds to shore up its capital base and invest in its core businesses of banking and wealth management.
May 31 - California
Less than six months after closing its first-ever bank acquisition, First General Bank in Rowland Heights, Calif., has struck a deal to buy another small bank.
May 31 - Puerto Rico
First BanCorp in San Juan, Puerto Rico, on Tuesday said it struck an agreement under which the private equity firm Thomas H. Lee Partners LP may buy $180 million of its common stock as part of a capital improvement plan.
May 31 - Connecticut
Webster Financial Corp. in Waterbury, Conn., has tapped a former top executive at NewAlliance Bancshares to fill its position of chief financial officer.
May 31 - Washington
The Washington State Department of Financial Institutions closed First Heritage Bank on Friday, and for a second straight week Columbia Banking System submitted a winning bid.
May 27 -
The Washington State Department of Financial Institutions closed First Heritage Bank in Snohomish on Friday, and for a second straight week Columbia Banking System submitted a winning bid.
May 27





