Community banking
Community banking
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Half of all frequent credit card users are unbothered, or feel relieved, when a legitimate transaction is blocked, a new study found. The results show that cardholders are appreciative that banks are becoming more vigilant about fraud.
July 1 -
Vining Sparks has snagged a banking analyst with hands-on bank management experience.
July 1 - New York
First Niagara Financial (FNFG) in Buffalo, N.Y., has recruited a former executive at JPMorgan Chase (JPM) to join its board.
July 1 -
Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.
July 1 -
Ottawa Savings Bancorp (OTTW) in Ottawa, Ill., has agreed to buy Twin Oaks Savings Bank in Marseilles, Ill.
July 1 -
HomeStreet (HMST) in Seattle has sold servicing rights to about $3 billion in single-family mortgages to SunTrust Banks (STI) in Atlanta.
July 1 -
D.L. Evans Bancorp in Burley, Idaho, was the successful bidder for Idaho Banking in Boise following a bankruptcy auction.
June 30 -
Citizens Financial Group is rebranding its Charter One retail locations, part of the preparations for its spinoff from the Royal Bank of Scotland.
June 30 -
The Financial Stability Oversight Council has manifestly failed to demonstrate that it has any idea how to determine if a financial firm is systemically important, writes AEI fellow Peter Wallison.
June 30 - Arkansas
Bank of the Ozarks recently overhauled how it awards bonuses after a big dip in shareholder approval, showing how much weight some banks place on the nonbinding measures and how proxy-advisors can swing the vote.
June 30 -
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has named William J. Ryan as its new chairman and said that its lead independent director, Lawrence Bossidy, is retiring from its board.
June 30 - Pennsylvania
Bryn Mawr Bank (BMTC) in Pennsylvania will call a special meeting of shareholders to approve a new equity compensation plan after certain stock awards ran afoul of the Nasdaq.
June 30 - Maine
Katahdin Bankshares (KTHN) in Houlton, Maine, has completed a $10 million private placement.
June 27 -
WASHINGTON Regulators on Friday closed Freedom State Bank, in Freedom, Okla., the 12th institution to fail this year.
June 27 - Massachusetts
Needham Bank has too many loans and not enough deposits. Its solution to aggressively add branches runs counter to emerging trends in the banking industry.
June 27 - Pennsylvania
Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.
June 27 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 27 -
United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.
June 27 -
KPMG Corporate Finance has acquired the assets of Denver investment bank St. Charles Capital.
June 26 - Colorado
MidFirst Bank in Oklahoma City said Thursday that it will purchase Steele Street Bank & Trust in Denver, Colo.
June 26



