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The planned sale will also include $70 million of loans in southern California.
November 13 -
Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.
November 9 -
Pat Hickman, CEO of Happy State Bank, wants his institution to remain viable in the face of stifling regulation. As for selling? That'll happen over his dead body, he says.
November 9 -
Rather than pull up stakes and leave two low-income Mississippi towns at the mercy of payday lenders, Regions Bank donated the branches to a local credit union and kicked in another $500,000 for operating costs.
November 7 -
Community banks are spending on technology to expand without having to build new branches.
November 3 -
Focus on ensuring your teams know why you make changes, and they will be far more likely to make those changes work for you.
November 1 -
It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.
October 29 -
Cort O’Haver, the successor to Ray Davis at Umpqua, has a plan to preserve human relationships in mobile and online banking.
October 25 -
Dramatic changes in the way banking services are delivered combined with slow economic growth has resulted in too many banks chasing too little business, said BB&T's CEO.
October 19 -
Diebold Nixdorf is a well-known provider of ATMs, but in an increasingly cashless economy it needs to apply its expertise in new ways.
October 19