Community banking
Community banking
- Illinois
Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.
October 20 -
Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."
October 20 -
Synovus Financial in Columbus, Ga., reported higher quarterly earnings that reflected an increase in fee income and cost control.
October 20 -
Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.
October 20 -
From interest rate risk to C-suite and boardroom diversity to succession planning, community bankers need to be acutely tuned in to a combination of global and domestic factors that are changing their world at an unprecedented pace.
October 20 -
Mortgage servicers have gotten a rare reprieve from the Federal Housing Administration.
October 20 -
Revere Bank in Laurel, Md., has agreed to buy BlueRidge Bank in Frederick, Md.
October 19 -
Bank of the Ozarks in Little Rock, Ark., is set to catapult over $10 billion in assets after agreeing to buy Community & Southern Holdings in Atlanta.
October 19 -
Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.
October 19 -
Community banks, frustrated that online and email marketing often gets overlooked, are trying to get people to engage with local businesses in hopes of landing more clients.
October 19 - Pennsylvania
Dollar Bank in Pittsburgh has named James McQuade its CEO-in-waiting. McQuade will succeed Robert Oeler on Nov. 1 as president of the $7.2 billion-asset mutual thrift, and then will become CEO some time next year, when Oeler retires from that position.
October 19 -
Even if Operation Choke Point officially ended, U.S. regulators have continued to apply the policy of threatening investigations and ruinous fines against banks that service "high-risk" customers in disfavored industries.
October 19 - California
Communities First Financial in Fresno, Calif., has a new chief executive.
October 16 -
Investar Holding in Baton Rouge, La., has made a series of changes to its executive ranks.
October 16 -
The agency's staff is already working on a new regulation that would easing access to capital, an issue that makes bankers very nervous.
October 16 - California
BofI Holding in San Diego is poised to end a tumultuous week, after a lawsuit accusing it of lax controls sent investors scurrying.
October 16 -
Webster Financial in Waterbury, Conn., reported a higher third-quarter profit on growth in deposit and loan fees related to its acquisition of health savings accounts.
October 16 -
Sound growth plans, not quirks of geography, define this years class of community bank all-stars.
October 16 - California
PacWest Bancorp in Los Angeles reported a higher third-quarter profit, citing new lending and lower expenses.
October 15 -
NCAL Bancorp in Irvine, Calif., has agreed to buy Commercial Bank of California in Los Angeles.
October 15


