Community banking
Community banking
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Astoria Federal Savings (AF) in Lake Success, N.Y., has changed its name to Astoria Bank.
June 2 - New Mexico
Los Alamos National Bank in New Mexico named community banking veteran John S. Gulas as its next chief executive officer.
June 2 -
Banks that drive customers away with pre-recession practices should clean up their act or get ready for competitors to use their missteps against them.
June 2 -
The Seminole Tribe of Florida is reportedly seeking approval to form a bank and buy Valley Bank in Fort Lauderdale, Fla.
June 2 -
Under Roy Malone's direction, Golden Pacific Bancorp last year introduced an online lending platform that vastly speeds up the approval process for borrowers seeking Small Business Administration loans ranging from $5,000 to $150,000.
June 2 - New York
NBT Bancorp in Norwich, N.Y., has prepaid about $165 million in Federal Home Loan Bank borrowings.
June 2 -
Creating a more efficient way to do the same old thing isn't enough, says David Gerbino. Banks need to reconstruct some of their basic deposit products to truly innovate.
June 2 - Maryland
The Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.
May 30 -
The Federal Deposit Insurance Corp. is looking to ban a former Tennessee banker from the industry following his institution's 2012 failure.
May 30 -
The addition of a new community bank section in the Federal Deposit Insurance Corp.'s quarterly bank earnings report is meant to make up for distortions in how large banks drive industry data.
May 30 -
First Internet Bank (INBK) in Indianapolis has appointed a executive to run its asset-based lending business.
May 30 - California
The emergence of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher operating costs and limited revenue opportunities could also force more consolidation in the state.
May 30 -
Independent Bank Group (IBTX) in McKinney, Texas, is reportedly in talks to buy Houston Community Bank.
May 30 -
First Savings Bank of Perkasie in Pennsylvania has acquired investment advisor Longview Capital Management in Wilmington, Del.
May 30 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 30 -
American Bancorporation was the first-ever bank holding company thrown into bankruptcy by the holders of its trust-preferred securities. Regulators may be able to avoid similar bankruptcies if more flexibility is shown in allowing holding companies to access capital to pay off creditors.
May 30 -
Eastern Virginia Bankshares (EVBS) said Thursday that it has agreed to acquire Virginia Company Bank (VGNA) for $9.2 million in stock and cash.
May 29 - WIB PH
Women need to stop stressing out about giving equal attention to personal and professional goals, Teresa Taylor writes in her latest book. Taylor, a director at First Interstate BancSystem, also advises women to be more aggressive with networking if they want to sit on more corporate boards.
May 29 -
Legal experts are becoming increasingly concerned that federal judges are questioning the right of a lender of secondary creditor to bid the full value of claims in Chapter 11 cases. For banks looking at bankruptcy, this development provides more encouragement to settle with certain debtholders before seeking legal protection.
May 29 -
The National Credit Union Administration has approved the sale of Flint River National Bank in Camilla, Ga., to Five Star Credit Union in Dothan, Ala.
May 29



