Community banking
Community banking
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First National Bank of Santa Fe in New Mexico has sold its insurance business, First Santa Fe Insurance Services, to Hub International, a brokerage based in Chicago.
May 3 - New York
The First of Long Island Corp. in Glen Head, N.Y., plans a secondary offering of about $35 million of common stock.
May 3 -
Home Federal Savings and Loan Association of Collinsville in Illinois is planning to raise at least $7.5 million as part of its conversion from a mutual to a stock-owned company.
May 3 -
As banks nationwide trim their branch personnel, they must also make sure the remaining staff in their brick-and-mortar stores know what they are doing.
May 3 - North Carolina
Lola Hart, who oversaw the liquidation of the controversial CertusBank in South Carolina, has been hired as the chief accounting officer of Entegra Financial in Franklin, N.C.
May 2 -
Corsair Capital has sold its entire stake in United Community Banks in Blairsville, Ga.
May 2 -
A handful of banking companies wrapped up M&A deals over the weekend.
May 2 -
Amalgamated Bank in New York has started offering down payment insurance to homebuyers in a move it hopes will set it apart with highly mobile millennial borrowers.
May 2 -
Christopher Cline, a former Wells Fargo executive, has joined the management of a community bank in Vancouver, Wash., to help it build up its wealth management business.
May 2 -
The $3.6 billion-asset Mechanics said in a press release last week that it will pay $37.19 a share for the $1.8 billion-asset California Republic.
May 2 -
The industry "as a whole" benefits from tech investments at megabanks, says Manuel Chinea, chief operating officer at Popular Community Bank. Big banks have taught consumers how to use new mobile features and small banks can use that knowledge to their advantage, as they roll out new products.
May 2 -
Old National Bancorp in Evansville, Ind., will exit the insurance business after selling those operations to Prime Risk Partners.
May 2 - California
Pacific Premier Bancorp in Irvine, Calif., is planning to close three California branches.
May 2 -
When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year.
April 29 -
Green Bancorp's surprise decision to purge all of its oil credits comes at a time when other banks have been gradually paring back exposure.
April 29 - Delaware
The Bancorp in Wilmington, Del., swung to a first-quarter loss on higher costs to review and improve its compliance with anti-money-laundering laws.
April 29 -
With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.
April 29 -
Central Valley Community Bancorp in Fresno, Calif., has agreed to buy the $156 million-asset Sierra Vista Bank in Folsom, Calif., for $24 million, or $5.22 a share, in cash and stock.
April 29 - Texas
Green Bancorp in Houston says it has developed a strategic plan to eliminate its energy loan exposure.
April 28 -
The American Bankers Association is laying the legal basis for a lawsuit to challenge Congress' decision to cut dividend payments made by the Federal Reserve to its member banks.
April 28





