Community banking
Community banking
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American State would be the largest bank buyout for Equity, which has acquired 17 banks since 2003.
May 17 -
The legislation would bar firms that receive government contracts from discriminating against firearms companies. Smaller banks have quietly dropped their opposition in hopes of gaining more municipal bond business.
May 17 -
In letters to regulators and lawmakers, bankers and their trade groups argued that deals like Vystar Credit Union's proposed acquisition of a small Georgia bank could result in less community development lending and declines in federal tax receipts.
May 14 -
Companies from Bank of America to PlainsCapital have ditched dull webinars and found more engaging ways to train workers to show empathy to clients and explain bank programs.
May 14 -
Michael Butler relied on partnerships with tech startups in areas such as checking and mobile banking to turn Radius into a digital-only bank before its sale to LendingClub. As the new CEO of Grasshopper Bank, he plans to strike similar deals to expand beyond business lending.
May 14 -
Some banks are removing the term “sales” from training materials out of fear regulators will accuse them of unethical, high-pressure tactics. But that’s an overreaction to federal probes of extreme cases — sales are essential to growth.
May 14 -
The best-performing banks' revenue rose at nearly twice the rate of expenses thanks to mortgage refinancing and the Paycheck Protection Program.
May 14 -
The deal should allow the prepaid card issuer to expand its footprint in a business it entered seven years ago.
May 14 -
FinTrust Capital Partners in South Carolina has $2 billion of assets under management.
May 13 -
Princeton Portfolio Strategies Group would become the sixth asset management business that the New Jersey banking company has bought since 2014.
May 13 -
The Pennsylvania company will offer commercial loans and treasury management services after hiring bankers in Dallas and Orlando.
May 12 -
The Facebook-affiliated currency, formerly Libra, aims to benefit from the bank's blockchain expertise and regulatory status.
May 12 -
The change reflects the name of the Susser family, which bought the bank in 2018.
May 12 -
Small-bank executives are more optimistic about future loan demand than at any point since 2017, but they have mixed feelings about how to fund upgrades to the nation's roads, bridges and other infrastructure — if at all — according to a new survey by IntraFi Network.
May 11 -
Priscilla Sims Brown will join the New York company from Commonwealth Bank in Australia.
May 11 -
First Foundation and Suncrest are among the community banks developing platforms that let clients buy, sell and hold increasingly popular digital assets. The goal is to avoid losing business to cryptocurrency exchanges.
May 10 -
On Dec. 31, 2020. Dollars in thousands.
May 10 -
On Dec. 31, 2020. Dollars in thousands.
May 10 -
On Dec. 31, 2020. Dollars in thousands.
May 10 -
Less than two years after shutting down its biggest business amid fraud allegations, the Michigan company has sold branches, settled a shareholder lawsuit and returned to profitability under turnaround specialist Thomas O’Brien.
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