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Executives at several minority-owned community banks nationwide, including OneUnited Bank in Boston and Carver Federal Savings Bank in New York, say they have received a windfall of deposits in recent weeks, coinciding with the introduction of the Black Money Matters Project.
July 20 -
Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties.
July 19 -
Synovus Financial in Columbus, Ga., has plucked its next chief financial officer from in-state rival SunTrust Banks.
July 11 -
Liberty Shares in Hinesville, Ga., one of a handful of banks still stuck in the Troubled Asset Relief Program, has raised $26 million in capital.
July 1 -
The Little Rock, Ark., bank got the final regulatory approval it needed to buy C&S and C1, but not before agreeing to address some community reinvestment concerns in the Atlanta market and elsewhere.
June 29 -
Synovus Financial struggled along with its customers during the financial crisis. Now that it's healthy again, it credits the strong ties it built with those customers, and the involvement of its executives in the communities they serve, with helping restore its status as one of banking's most reputable brands.
June 27 -
South State in South Carolina has agreed to buy Southeastern Bank Financial in Georgia, which is run by Daniel Blanton, the chairman of the American Bankers Association.
June 17 -
State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.
May 20 -
State Bank Financial in Atlanta has agreed to buy S Bankshares in Glennville, Ga.
May 19 -
Truxton Trust's approach is just one strategy banks are using attract more wealthy clients. But whether they are exploring out-of-market opportunities, staying local or employing robo-advisers, banks all have the same goals: to generate more fee income at a time when margins from lending continue to shrink.
May 11