Community banking
Community banking
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Investors Bancorp (ISBC) in Short Hills, N.J., is set to complete its purchase of Gateway Community Financial in Sewell, N.J., next week.
January 3 -
Mackinac Financial (MFNC) in Manistique, Mich., has completed the redemption of stock originally issued to the Treasury Department under the Troubled Asset Relief Program.
January 3 -
J. Thomas May still believes community banks can thrive but executives must find new ways to engage customers, control costs and build scale.
January 3 -
A former chairman of UMB Financial (UMBF) in Kansas City, Mo., died Thursday.
January 3 - New York
Pathfinder Bancorp (PBHC) in Oswego, N.Y., has named longtime director Chris Burritt as its chairman.
January 3 -
A number of CEOs departed this year - voluntarily or otherwise. Some, like William Aichele of Univest, had been with their institutions for decades. Others, including Michael Tierney, had much shorter tenures.
January 3 - Ohio
Forget Times Square and champagne toasts. For the chief executive of American Savings Bank in Portsmouth, Ohio, New Year's Eve was all about courting business.
January 2 -
Regulators are hoping to release an interim final rule next week designed to satisfy banker demands to change a provision of the Volcker Rule that threatens to force smaller institutions to take millions of dollars in write-offs.
January 2 -
Square 1 Bank in Durham, N.C., has bought Sand Hill Finance, a finance company based in the Silicon Valley.
January 2 -
Cecil Bancorp (CECB) in Elkton, Md., plans to deregister its common stock from the OTC Bulletin Board and stop reporting to the Securities and Exchange Commission.
January 2 -
Fred Joseph retired from overseeing banks and securities firms last month. In a wide-ranging interview, he reflected on his career and provided perspective on the future of the banking industry.
January 2 - California
Central Valley Community Bancorp in Fresno, Calif., has redeemed $7 million of preferred stock issued to the Treasury Department under the Small Business Lending Fund.
January 2 -
Bank-focused investment firm Jacobs Asset Management has bought a 5.25% stake in LCNB (LCNB) in Lebanon, Ohio.
January 2 -
Delmarva Bancshares in Cambridge, Md., has raised $11 million through a private placement.
January 2 - California
PacWest Bancorp (PACW) in Los Angeles will take a $12 million after-tax charge in the fourth quarter because of stock awards connected to its pending acquisition of CapitalSource (CSE).
January 2 -
The state had a dozen deals last year as foreign investors looked to expand, particularly in the Miami area.
January 2 -
Wilshire Bancorp (WIBC) in Los Angeles announced several changes to its board Tuesday.
January 2 - California
River Valley Community Bank in Yuba City, Calif., has named John M. Jelavich as its new president.
January 2 -
Fred Joseph retired from overseeing banks and securities firms last month. In a wide-ranging interview, he reflected on his career and provided perspective on the future of the banking industry.
January 2 -
A former bank director accused of spearheading a massive investment scheme was arrested after a year and a half on the lam.
January 2




