Community banking
Community banking
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Heather Cox is moving to USAA; female regulators are gaining prominence in the online lending conversation; and asset managers are still fighting sexism at work (but then again, who isnt?).
August 18 -
Allied Bank in Mulberry, Ark., has been ordered to immediately raise capital or find a buyer to address its precarious capital position.
August 18 - Washington
Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.
August 18 -
Pretty much every merger of insurers and banks since the Citi-Travelers deal has come undone, but today's conditions support new-style marriages that make sense for shareholders and customers.
August 18 -
United Bankshares in Charleston, W.Va., has agreed to buy Cardinal Financial in Tysons Corner, Va.
August 18 -
The spike in the Libor rate is a boon for banks that have lots of floating-rate loans tied to the well-known benchmark. Shifts in money market funds are the driver, with the big question being how long the run will last.
August 17 -
The $185 million-asset bank said in a press release Tuesday that it is offering 800,000 shares of its common stock at a price of $7.50 each.
August 17 -
United Bankshares is in talks to acquire rival Washington-area lender Cardinal Financial, according to people familiar with the matter, as regional banks seek to pair up to counter low interest rates and mounting regulatory costs.
August 17 -
Net interest margins have only gotten tighter this year. Here is a look at the reasons why, how much some banks are hurting and what certain institutions are doing to relieve the pressure.
August 17 - Massachusetts
Needham Bank in Massachusetts is searching for a new chief executive just 14 months after its current leader took over.
August 16 - Virginia
Old Dominion National Bank in McLean, Va., has hired Stephanie Lykins-Harvey, formerly of Cardinal Bank in McLean, as director of retail banking.
August 16 -
The $1.1 billion-asset bank said in a press release Monday that it appointed Ron Coben to become its interim chief executive, succeeding Jeffrey Wilkinson, who resigned "to pursue his next entrepreneurial challenge.
August 16 -
Possible bad outcomes from the slowdown in bank chartering include less financial access in rural areas and further concentration of industry assets in just a few large banks.
August 16 -
Basel III could deal some serious blows to capital levels at First NBC Bank in New Orleans. The big question is how large will the issue become over the next two years.
August 15 -
Sterling Bancorp in Montebello, N.Y., has sold its mortgage business to Freedom Mortgage of Mount Laurel, N.J., for an undisclosed price.
August 15 - California
The $58 million-asset company said in a press release Monday that Stephen Taylor, chairman and chief executive of Taylor Asset Management in Chicago, is leading a $6 million investment in its Neighborhood National Bank, effectively doubling its capital.
August 15 - New Mexico
Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company.
August 15 -
The Federal Deposit Insurance Corp. has downgraded the Community Reinvestment Act rating for BancorpSouth in Tupelo, Miss.
August 15






