Corporate governance

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

The deal continues Sound's push into markets north of its Tacoma headquarters.

When the coronavirus pandemic forced teachers and students to move classroom learning online this year, school districts and educators suddenly faced a raft of challenges around handling new expenses for tools needed for cyber education.

After dropping for the past two years, reputation scores are once again rising, thanks largely to the goodwill banks have earned by helping customers and employees weather the coronavirus outbreak.

The Iowa company said the coronavirus outbreak and litigation against AimBank will postpone the deal's completion by a few months.

The company will use Savoy's midtown Manhattan office to coordinate business development efforts around the city.

Institutions serving colleges and universities traditionally see membership surge in the fall, but are now planning for a decline as classes move online.

The product, which is also aimed at community banks, includes a "take-back" option that allows consumers to withdraw extra funds they've paid that go beyond their monthly scheduled mortgage payment.

Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?