Community banking
Community banking
-
Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J.
May 4 -
Small-business optimism has slipped slightly on concerns about growth prospects and the presidential election campaign, according to a Wells Fargo and Gallup survey conducted in early April.
May 4 -
The $1.2 billion-asset Revere said in a press release Tuesday that it will pay $65.1 million in stock for the $514 million-asset Monument.
May 3 -
The $8.6 billion-asset WesBanco said in a press release Tuesday that it will pay $221 million, or $39.05 a share, in cash and stock for the $1.6 billion-asset Your Community Bankshares.
May 3 -
At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.
May 3 -
New community banks chartered in the years before the crisis tended to open in less-concentrated markets, according to a Federal Deposit Insurance Corp. working paper released Tuesday.
May 3 -
First National Bank of Santa Fe in New Mexico has sold its insurance business, First Santa Fe Insurance Services, to Hub International, a brokerage based in Chicago.
May 3 - New York
The First of Long Island Corp. in Glen Head, N.Y., plans a secondary offering of about $35 million of common stock.
May 3 -
Home Federal Savings and Loan Association of Collinsville in Illinois is planning to raise at least $7.5 million as part of its conversion from a mutual to a stock-owned company.
May 3 -
As banks nationwide trim their branch personnel, they must also make sure the remaining staff in their brick-and-mortar stores know what they are doing.
May 3 - North Carolina
Lola Hart, who oversaw the liquidation of the controversial CertusBank in South Carolina, has been hired as the chief accounting officer of Entegra Financial in Franklin, N.C.
May 2 -
Corsair Capital has sold its entire stake in United Community Banks in Blairsville, Ga.
May 2 -
A handful of banking companies wrapped up M&A deals over the weekend.
May 2 -
Amalgamated Bank in New York has started offering down payment insurance to homebuyers in a move it hopes will set it apart with highly mobile millennial borrowers.
May 2 -
Christopher Cline, a former Wells Fargo executive, has joined the management of a community bank in Vancouver, Wash., to help it build up its wealth management business.
May 2 -
The $3.6 billion-asset Mechanics said in a press release last week that it will pay $37.19 a share for the $1.8 billion-asset California Republic.
May 2 -
The industry "as a whole" benefits from tech investments at megabanks, says Manuel Chinea, chief operating officer at Popular Community Bank. Big banks have taught consumers how to use new mobile features and small banks can use that knowledge to their advantage, as they roll out new products.
May 2 -
Old National Bancorp in Evansville, Ind., will exit the insurance business after selling those operations to Prime Risk Partners.
May 2 - California
Pacific Premier Bancorp in Irvine, Calif., is planning to close three California branches.
May 2 -
When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year.
April 29





