Community banking
Community banking
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Analysts Joseph Fenech and Kevin Fitzsimmons have resigned from the research department at Sandler O'Neill.
March 14 - New York
The Federal Reserve Bank of New York has terminated a regulatory agreement with Intervest Bancshares (IBCA), declaring that the New York City company has satisfied all the provisions of the pact.
March 14 -
Bankers are increasingly spending time and money upgrading technology to cut other costs and meet demand for mobile and online banking. But even as they buy online startups like Simple, or build their own systems, bankers at American Banker's Retail Banking 2014 conference said the feel they cannot stop investing in traditional branches.
March 14 -
You might expect Manolo Sanchez, the CEO of BBVA Compass, to renounce traditional branches since his bank is spending $117 million on the online-only startup Simple. But he joined other senior bank executives in defending the branch as "still relevant."
March 14 -
East River Bank has started using hipper images in its advertising to reflect and connect with its young, urban customer base.
March 13 - California
Community West Bancshares (CWBC) in Goleta, Calif., has been freed from a written agreement with the Federal Reserve Bank of San Francisco.
March 13 -
Three companies control banking in Hawaii, but they acknowledge that their dominant position could be coming to an end as the local economy changes and mainland banks can use online services to more easily compete from a distance.
March 13 -
Those who wanted to greatly expand the power of government over the financial sector, especially to expand the discretionary power of unelected agencies, took full advantage of the opportunity.
March 13 -
A trio of mutual thrifts have filed paperwork to sell a total of $350 million in stock as part of planned conversions to stock companies.
March 13 -
The $3.7 billion-asset company filed a registration form with the Federal Deposit Insurance Corp. on March 10 for an initial public offering.
March 13 -
Hundreds of community bankers gathered in Honolulu last week, trying to reconcile their sense that the economy is back on track with their concerns about costly regulations and unfair competition. The following is an overview of the conflicting messages they shared and heard.
March 13 - Massachusetts
OneUnited Bank in Boston is trying to help people get back on track economically with two new programs.
March 13 -
A movement to jump-start affordable-housing development is gathering momentum in New York and elsewhere, and bankers are concerned that new mandates would cut into their profits on loans for such projects.
March 13 - New Jersey
First Bank (FRBA) in Hamilton, N.J., has hired a former American Express manager as chief operating officer.
March 13 - California
Heritage Oaks (HEOP) in Paso Robles, Calif., has hired a new chief financial officer.
March 13 -
Astoria Financial (AF) in Lake Success, N.Y., is planning to open its first full-service branch in Manhattan.
March 13 -
First Citizens Banc (FCZA) in Sandusky, Ohio, will close three branches to cut costs.
March 13 -
Community banks and credit unions are often viewed as being behind the curve in technology, but these tech effortseither in place or in developmentshow that some smaller institutions can be every bit as cutting edge as the big guys.
March 13 - Florida
BankUnited (BKU) in Miami Lakes, Fla., has hired a former insurance agency executive to oversee its retail operations in Florida.
March 12 -
Comptroller of the Currency Thomas Curry signals regulators are considering more Community Reinvestment Act changes as advocates say the progress to date is too timid.
March 12







