Community banking
Community banking
- Pennsylvania
QNB Corp. (QNBC) in Quakertown, Pa., is looking to replace its chief financial officer.
July 11 -
JPMorgan Chase (JPM) has partnered with Liberty Bank in Detroit to offer financing to homebuyers interested in restoration of the city's run-down properties.
July 11 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
July 11 -
The National Credit Union Administration has liquidated IBEW Local 816 Federal Credit Union in Paducah, Ky.
July 11 -
Alerus Financial (ALRS) in Grand Forks, N.D., has acquired Private Bancorp. in Minneapolis for $15.9 million in cash and other considerations.
July 11 -
Wells Fargo & Co., the world's most valuable bank, said profit increased 3.8 percent on lower costs even as the lender snapped a 17-quarter streak of rising per- share earnings.
July 11 - Massachusetts
Chicopee Bancorp (CBNK) in Massachusetts said it expects to report a second-quarter loss due to a spike in its loan-loss provision.
July 11 - Puerto Rico
OFG Bancorp (OFG) in San Juan, Puerto Rico, added two members to its executive team.
July 10 -
A spike in smaller deals, along with improved premiums, is providing hope that buyers and sellers are finally coming together as industry experts forecast several years earlier.
July 10 -
Banks approved a greater portion of small-business loan applications in June compared with last year, an indicator of an improving economy, according to a Biz2Credit study issued this week.
July 10 -
Home Federal Bancorp of Louisiana (HFBL) in Shreveport, La., has hired a new chief financial officer.
July 10 - Texas
Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.
July 10 - New York
VSB Bancorp (VSBN) in Staten Island, N.Y., reported higher quarterly profit on lower expenses and higher-yielding securities investments.
July 10 -
The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, though a key figure rose slightly from the fourth quarter. Meanwhile, payments on home equity lines fell to their lowest level in five years, according to a new ABA report.
July 10 -
Creative alternatives to overdrafts are not the sole domain of big banks.
July 9 - Florida
OptimumBank Holdings (OPHC) in Fort Lauderdale, Fla., is optimistic that raising roughly $850,000 will help it remain on the Nasdaq.
July 9 -
Berkshire Hills Bancorp recently recruited William Ryan, retired TD Banknorth CEO, leading some observers to discuss what role he might play in the Massachusetts company's growth plans.
July 9 -
The Maryland banker and former ICBA chair was a champion for changing how the FDIC assessed fees years before the Dodd-Frank Act altered the calculation. Other bankers recall Menzies' enthusiasm and zeal.
July 9 - Pennsylvania
F.N.B. Corp. (FNB) has moved its corporate headquarters to Pittsburgh.
July 9 -
A breakdown of M&A announcements in the financial services industry for the week ended July 5.
July 9





