Community banking
Community banking
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The Florida company's initial backers made a lot of money from a 2009 government-backed deal. Still, BankUnited's PE backers say the final sale of their stake in the resurrected lender is bittersweet.
March 12 - California
1st Capital Bank (FISB) in Monterey, Calif., has hired Michael Winiarski as its new chief financial officer.
March 12 -
Financial firms should consider this type of rebrand if they are facing reputational issues, find their existing name is too limiting or want to convey a new image following a merger or acquisition.
March 12 - Missouri
The Federal Reserve Board has lifted enforcement actions against four financial companies.
March 12 - Tennessee
The Office of the Comptroller of the Currency has lifted a regulatory enforcement action against First Security Group (FSGI) unit FSGBank.
March 12 -
Sun Home Loans in New Jersey named Theresa Trainum as its senior vice president and chief operating officer.
March 11 -
The Michigan company is buying Nortwestern Bancorp, fleshing out a major part of its franchise map. Though Northwestern's loan portfolio has been steadily shrinking, Chemical executives expect to generate double-digit loan growth from the seller's markets.
March 11 -
There is optimism that the Small Business Administration will be allowed to approve a larger volume of SBA loans in fiscal year 2015 compared to previous years. Bankers are especially supportive of plans to continue waiving fees for smaller 7(a) loans.
March 11 - Pennsylvania
Royal Bancshares of Pennsylvania (RBPAA) in Narbeth has agreed to sell nearly $14 million in stock through private placements.
March 11 - New York
Bank lending to small businesses reached post-recession record highs in February, according to the latest Biz2Credit Small Business Lending Index.
March 11 - Massachusetts
Meridian Interstate Bancorp (EBSB) in East Boston, Mass., is planning a second-step conversion.
March 11 - Florida
FBC Mortgage, a unit of the investment bank Sterne Agee Group, is seeking loan referral partnerships with community banks. In a recent deal it also hired HomeBanc's mortgage personnel.
March 11 - New York
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has terminated all of its interest rate swaps associated with Federal Home Loan Bank advances through the end of last year.
March 11 -
Ameris Bancorp (ABCB) in Moultrie, Ga., has agreed to buy Coastal Bankshares in Savannah, Ga.
March 11 -
Chemical Financial (CHFC) in Midland, Mich., has agreed to buy Northwest Bancorp in Traverse City, Mich.
March 11 -
The Charlotte, N.C., bank offers a model for other community banks that have expanded quickly in recent years but face a pricier M&A market: focus on smaller deals that provide additional liquidity and plug geographic holes.
March 10 -
Four private-equity investors have sold their remaining stakes in BankUnited (BKU) in Miami Lakes, Fla., for almost $393 million.
March 10 -
Joseph Stilwell said in recent regulatory filings that he wants Fairmount Bancorp in Baltimore and Harvard Illinois Bancorp to find buyers. He also filed a document backing Jefferson Bancshares' planned sale to HomeTrust.
March 10 -
AIG's United Guaranty Corp. has again elected to go off on its own and will not join the new trade group being formed by the other private mortgage insurers.
March 10 -
BOK Financial Corp. (BOKF) in Tulsa, Okla., has agreed to buy MBM Advisors, a wealth management firm based in Houston.
March 7



