Community banking
Community banking
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Columbus-based Northwest Bancshares finalized its acquisition of Penns Woods Bancorp; Barclays becomes the second U.K.-based bank to leave the Zero Banking Alliance; BankUnited announces the appointment of Michael Mitchell as executive vice president, director of branch banking; and more in this week's banking news roundup.
August 1 -
The San Antonio-based company plans to remain in state borders, but sees opportunity for growth in major markets.
August 1 -
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
July 24 -
Eastern Financial Corp. provides a rich source of low-cost deposits that the larger Mercantile Bancorp can put to work in funding its much stronger loan growth.
July 22 -
A July pickup in activity is just a start, experts say. The banking industry's drive for scale and greater efficiency is expected to drive a renewed wave of consolidation, pushing the institution count lower.
July 21 -
Administration of the Community Development Financial Institution Fund at the Treasury Department will be led by the CDFI Fund's legal counsel following the resignation of the fund's director.
July 21 -
Prosperity Bancshares announced plans to buy Corpus Christi-based American Bank Holding Corp. in an all-stock deal.
July 18 -
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15 -
Calls for applications for a bank-specific program within the Community Development Financial Institution Fund have been delayed, raising the possibility that those funds are unspent before the appropriated money expires.
July 14 -
The buyer said its $70 million cash-and-stock deal for Farmers State Bank will boost its presence in the northeast section of Ohio, and provide plenty of low-cost deposits
July 11 -
Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.
July 11 -
Banks that kept a lid on their cost of funds managed to outperform their peers, illustrating the fact that 2024 was a defensive year for the industry.
July 11 -
First Northwest Bancorp is parting ways with CEO Matt Deines "by mutual agreement," the Port Angeles, Washington-based company said. Deines' departure comes a month after a hedge fund sued, alleging the lender was complicit in a Ponzi scheme.
July 10 -
Bill Martin, a real estate developer and athletics executive who founded the community bank in 1996, said he considers the privately held institution to be "like one of my kids."
July 10 -
Business First Bancshares CEO Jude Melville and Progressive Bancorp head George Cummings are both second-generation bank CEOs — common ground that helped propel an $83 million merger deal.
July 8 -
The parent company of Wayne Bank said it would buy PB Bankshares for $54.9 million in cash and stock.
July 8 -
Baton Rouge-based Business First Bancshares would pad its margin as Louisiana's largest state-chartered bank with an all-stock deal for Progressive Bancorp.
July 7 -
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
July 3 -
Baton Rouge-based Investar Holding Corp. has agreed to pay $84 million for Wichita Falls Bancshares, which operates five branches in the Dallas-Fort Worth Metroplex.
July 2 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
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