Community banking
Community banking
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The group, known as First Boston Holdings, also plans to raise $100 million. The group said Admirals will be renamed Bank & Trust Company of Boston.
October 27 -
Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.
October 27 -
Iberiabanks stock fell in morning trading after the Lafayette, La., company posted third-quarter profits that missed expectations.
October 27 -
Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.
October 26 -
MemoryBank, a new digital-only bank unit of Republic Bank & Trust, aims to serve the sweet spot of customers who are digitally savvy but also have money.
October 26 -
Five banks in Kansas are putting together plans to share a compliance officer. While the move should save money, the banks are fully aware of the risks involved with the potential collaboration.
October 26 -
Prosperity Bancshares' profit took a hit in the third quarter from lower yields on loans and higher expenses.
October 26 -
Higher mortgage banking revenue and commercial real estate lending offset merger costs at United Community Banks in Blairsville, Ga., leading to an improvement in third-quarter profit.
October 26 -
Valley National Bancorp in Wayne, N.J., had stronger quarterly profit that reflected improved revenue.
October 26 -
The latest tale of wrongdoing tied to the financial services industry is the outcome of a smart customer-centered strategy that went awry. Now, bank customers will ultimately suffer the most.
October 26 -
UMB Financial in Kansas City, Mo., reported higher quarterly profit as it continues to makes progress on a multi-year effort to slash expenses.
October 26 - Mississippi
The $13 billion-asset company said in a press release Tuesday that its third-quarter earnings rose 9.5% from a year earlier to $31 million, or 46 cents a share.
October 25 -
Flagstar Bancorp's quarterly profit increased after a decline in the value of a 2012 legal settlement liability tied to its mortgage lending practices.
October 25 - Iowa
Heartland Financial USA in Dubuque, Iowa, has named Jack Lloyd president of its residential mortgage business.
October 25 - California
Opus Bank in Irvine, Calif., reported a larger-than-forecast quarterly loss after deciding to set aside more reserves than it predicted it would a week earlier.
October 24 -
The acquisition of Middleburg Financial would create a nearly $2.5 billion-asset bank in northern Virginia with strong mortgage originations and a growing wealth management business. It would provide an endgame for Middleburg while also making Access more appealing to potential buyers.
October 24 -
Access National in Reston, Va., has agreed to buy Middleburg Financial in Virginia for $233.1 million, or $32.51 a share, in stock.
October 24 -
Community Bank System in Syracuse, N.Y., has agreed to buy Merchants Bancshares in South Burlington, Vt., for $304 million, or $44.02 a share, in cash and stock.
October 24 -
To land and retain millennial customers, mobile banking apps must graduate from simply replicating online banking on a phone to leveraging the native functionality of mobile hardware.
October 24 -
WestStar Bank in El Paso, Texas, said it has acquired assets from Cimarron Mortgage Capital that are to Cimarron's construction lending and residential mortgage divisions.
October 21




