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Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.February 14
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Hanover Bancorp is facing a proxy battle after its CFO and two other bankers bolted to a rival.February 14
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The entire banking industry needs to join the fight instead of waiting for Congress to act.February 14
President and CEOFlorida Bankers Association
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A large charge-off and an additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million.February 14
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The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.February 13
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Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers.February 13
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Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods.February 13
President and CEOIndependent Community Bankers of America
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Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers.February 12
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Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers.February 12
