Community banking
Community banking
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We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail.
December 22 -
Giving back to the community is ingrained in the credit union philosophy, but the holiday season provides the movement with a good reason to go the extra mile. Here's a look at how CUs across the country are celebrating the holidays.
December 22 -
Banks are looking for ways to capture and retain deposits as interest rates rise, including promotional offers and focusing on relationship banking.
December 21 -
The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.
December 21 -
Provident Financial Holdings in Riverside, Calif., announced that it expects to record a $650,000 litigation charge to settle two more long-running lawsuits related to overtime compensation.
December 21 -
The company has registered shares that three private equity firms have held since early 2010.
December 21 -
The wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team.
December 21 -
Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.
December 21 -
Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.
December 21 -
Fifth Third said it will give a bonus or raise to about three-quarters of its employees while Wells Fargo raised its minimum hourly pay in the wake of Congress' passing a tax reform bill.
December 20 -
Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust.
December 20 -
Notre Dame Federal Credit Union in Notre Dame, Ind., said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions, angering bankers who see it as a disturbing trend.
December 20 -
Notre Dame Federal Credit Union in Notre Dame, Ind. said late last week that it raised $12 million from a new fund created to provide secondary capital to credit unions. It comes a month after a similar move by Jefferson Financial Federal Credit Union.
December 20 -
The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, declining to take into account claims the transaction imperils the target's S corporation status.
December 19 -
Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy.
December 19 -
The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition.
December 19 -
The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan.
December 19 -
The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.
December 19 -
Gabriel Hamani has been named chief executive of BHI USA, the U.S. banking arm of Bank Hapoalim.
December 18 -
Washington Federal in Chicago, which had a clean balance sheet and plenty of capital on Sept. 30, was shuttered shortly after the death of its CEO and regulators' discovery of "substantial dissipation of assets."
December 18














