The unnamed borrower was the victim of an alleged scam by another company.

The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.

A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

The deal between First Defiance and United Community would create a $6 billion-asset bank.

Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.

Other banks have made splashy acquisitions there, but PSB Holdings is getting ready to open a branch after making inroads in the market for three years. Its next step could be M&A.

Both banks focus on the Chinese-American community.

Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter.

Treasury Secretary Steven Mnuchin has told large U.S. financial institutions including Goldman Sachs and American Express they should do more to help black- and women-owned community banks win federal contracts.

Driver Management said it believes the company would create more shareholder value by finding a buyer.

The Baltimore company will pay $31 million for MB Bancorp.

Falling stock prices and concerns about the health of the economy are depressing deal activity.

Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.

Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.

AltaPacific's recent agreement to sell itself to Banner Corp. came after it started down a list 14 financial institutions last year, held discussions with at least nine suitors, and considered deals with a credit union and a business development company.

Year to date through Jun. 30, 2019. Dollars in thousands.

Year to date through Jun. 30, 2019. Dollars in thousands.

Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities.