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Loan reserving is one of the most important decisions in banking. Yet there is no accounting, regulatory or industry numerical guideline for adequate levels of the allowance for loan losses.
June 10
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The best marketing strategies are not focused on selling stuff, but rather on connecting with prospective or existing customers on an emotional level, Ed Ianni writes.
June 10 -
Meridian Bancorp (EBSB) in Peabody, Mass., has launched a common stock offering as the newly created holding company for East Boston Savings Bank.
June 10 -
A bill to improve access to credit and qualified mortgages for low and moderate income borrowers, while protecting consumers from bad loans, passed Monday in the U.S. House.
June 10 -
Bank of America (BAC) has agreed to sell 17 branches in North Carolina and Virginia with a total of $944 million in deposits to First Community Bank in Bluefield, Va., and HomeTrust Bancshares (HTBI) in Asheville, N.C.
June 10 -
Riverland Bancorp. in Jordan, Minn., has raised roughly $1.3 million by selling common stock.
June 10 -
Eagle Bancorp (EGBN) in Bethesda, Md., has agreed to buy Virginia Heritage Bank (VGBK) in Tysons Corner, Va.
June 9 -
Signature Bank (SBNY) in New York plans to sell 2.1 million new shares of common stock.
June 9 -
National Bank of Commerce in Birmingham, Ala., is beefing up in Florida with a deal to buy United Group Banking Company of Florida in Longwood.
June 9 -
First Federal of Northern Michigan Bancorp's agreement to buy Alpena Banking is a lesson in persistence and keeping communication lines open.
June 9
