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All banks must manage risk. But this needn't be their sole focus any more than a restaurateur's sole purpose should be to prevent contaminants from getting into food.
May 12 -
Westamerica Bancorp. probably expected little trouble when it asked for regulatory permission to close a small branch in northern California. Wrong! Welcome to the world of online petitions and social media.
March 16
First Bank in Hamilton, N.J., has opened its first office in Pennsylvania.
The new branch, which opened last week with six employees, is in the Bucks County community of Trevose, northeast of Philadelphia. It is First Bank's 10th branch.
In a news release, First Bank Chief Executive Patrick Ryan said, "Bucks County is a great place to live, work and play, with a vibrant business community."
First Bank, founded in 2007, has $731 million of assets.