Location Root Tag

Jimmy Tallent is leading an impressive comeback at United Community Banks in Georgia. But what's even more impressive is that he got the chance.

The herky-jerky revival in residential real estate is causing headaches and strategic concerns for banks everywhere.

Now that they have the basics covered, many banks are thinking creatively about how their mobile strategies need to evolve. Get ready for some cool new apps.

How First National Bank of Green Forest in Arkansas became Anstaff Bank, in a rebranding with a family twist.

Landmark Bank in Columbia, Mo., has raised $30 million through a private placement of common stock.

Summit Financial in Moorefield, W.Va., plans to raise roughly $12.8 million through a private placement and a subsequent rights offering.

American National Bankshares in Danville, Va., has agreed to buy MainStreet BankShares in Martinsville, Va.

Stonegate Bank in Pompano Beach, Fla., has agreed to buy Community Bank of Broward in Dania Beach, Fla.

Financial Institutions in Warsaw, N.Y., is overhauling its risk-management structure, while also looking for a new executive to handle such duties.

Peapack-Gladstone Financial in Bedminster, N.J., could look to raise up to $100 million in coming months.

ALEXANDRIA, Va. — NCUA Friday issued a cease and desist order to David Addison, formerly the chief executive of Texans Credit Union.

Citizens Financial Group in Providence, R.I., has hired Russell Herakovich to lead the national expansion of its health care banking group.

WASHINGTON — The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry — including two credit unions — for a pilot program looking at whether electronic fillings can improve the mortgage closing process.

WILKES-BARRE, Pa. — Five members of Wilkes-Barre City Employees FCU, including one employee, were charged Thursday with conspiracy and bank fraud related to an elaborate scheme to obtain loans with false collateral and stolen identities.

Blue Harbour Group, an activist investor fund, has amassed a 5.7% stake in Investors Bancorp in New Jersey.

Chemical Financial in Midland, Mich., and First National Bank of Omaha in Nebraska have partnered to market and issue a new rewards-based MasterCard.

Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.

EAST HANOVER, N.J. — Symbionce Financial Solutions LLC, a credit union service organization that offers mortgage services to CUs, on Thursday was ranked number 945 on Inc.magazine's eighth annual Inc. 500|5000.

LAWRENCEVILLE, Ga. — Twitter Inc. has dialed back a rule implemented late last year that restricted how financial institutions could promote themselves on the site, but some credit unions are still unsure as to what those changes mean in terms of how effective the social-networking site can ultimately be for CUs.

LAGUNA HILLS, Calif. — As if credit union mortgage lenders did not have enough to contend with already, the Consumer Financial Protection Bureau has proposed numerous changes to the way home loan data will be collected — and possibly reported publicly.