Community banking
Community banking
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The unnamed borrower was the victim of an alleged scam by another company.
September 10 -
The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.
September 10 -
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.
September 9 -
On Jun. 30, 2019. Dollars in thousands.
September 9 -
On Jun. 30, 2019. Dollars in thousands.
September 9 -
The deal between First Defiance and United Community would create a $6 billion-asset bank.
September 9 -
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.
September 6 -
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.
September 6 -
Both banks focus on the Chinese-American community.
September 6 -
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.
September 6 -
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.
September 6 -
Driver Management said it believes the company would create more shareholder value by finding a buyer.
September 6 -
The Baltimore company will pay $31 million for MB Bancorp.
September 6 -
Falling stock prices and concerns about the health of the economy are depressing deal activity.
September 5 -
Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.
September 4 -
Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.
September 4 -
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.
September 3 -
Year to date through Jun. 30, 2019. Dollars in thousands.
September 3 -
Year to date through Jun. 30, 2019. Dollars in thousands.
September 3 -
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.
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