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United Bankshares is in talks to acquire rival Washington-area lender Cardinal Financial, according to people familiar with the matter, as regional banks seek to pair up to counter low interest rates and mounting regulatory costs.
August 17 -
Old Dominion National Bank in McLean, Va., has hired Stephanie Lykins-Harvey, formerly of Cardinal Bank in McLean, as director of retail banking.
August 16 -
Four years after the first states legalized marijuana, most bankers still want nothing to do with it.
July 31 -
Columbia Banking System in Tacoma, Wash., reported higher quarterly profits that reflected increased lending.
July 29 -
Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer.
July 27 -
Banner Corp. in Walla Walla, Wash., reported higher quarterly earnings as it continued to benefit from a recent acquisition.
July 26 -
Anchor Bancorp in Lacey, Wash., which has been facing pressure from a prominent activist investor to sell itself, has hired an investment bank to explore strategic options.
July 25 -
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 -
The $25 billion-asset company said in a press release Tuesday that BankUnited Small Business Finance is now making loans in Ohio, Washington and Wisconsin.
July 12 -
A couple of years ago, the activist investor Joseph Stilwell said Anchor Bancorp in Lacey, Wash., deserved more time to try to right itself. Apparently he thinks that time is up.
July 12