Community banking
Community banking
- Washington
Timberland Bancorp (TSBK) in Hoquiam, Wash., will buy back its remaining Troubled Asset Relief Program shares for about $12.1 million.
December 18 -
Bank of Marin Bancorp (BMRC) in Novato, Calif., has named a new chairman.
December 18 -
BNC Bancorp (BNCN) in High Point, N.C., announced two deals Wednesday that would significantly boost its presence in its home state.
December 18 -
What we have seen from the bank regulatory agencies is an unsustainable proliferation of rules. Big banks are taking on water to keep up, while community banks are being swamped.
December 18 - North Carolina
BB&T (BBT) in Winston-Salem, N.C., has added its top lawyer to its executive management team.
December 18 - New York
Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.
December 17 -
Keith Darcy, longtime head of the Ethics & Compliance Officer Association and former director of E-Trade Bank and New York National Bank, has joined Deloitte's compliance group as a senior advisor.
December 17 -
As branch traffic declines, community banks are considering how to enter new markets with products such as online and mobile banking.
December 17 -
PNC's decision to slim down and overhaul its branch network could inspire other banks to follow suit and finally start rethinking their expensive and outdated physical locations. American Banker editors discuss why most banks need to close down more branches, and why some regional and community banks remain committed to their existing networks.
December 17 -
Community banks' prospects will improve if they accept that the financial services industry is changing. They must re-examine strategies and business models, and experiment and improvise to exploit new opportunities.
December 17 -
Amalgamated Bank of Chicago has named David Knopp its next president.
December 17 -
Union First Market Bancshares (UBSH) in Richmond, Va., plans to remake its board and expand its executive team after acquiring StellarOne (STEL) in Charlottesville, Va.
December 17 - Ohio
LNB Bancorp (LNBB) in Lorain, Ohio, has sold $3.7 million of stock as part of a plan to exit the Troubled Asset Relief Program.
December 17 -
M&T Bank's (MTB) long-delayed purchase of Hudson City Bancorp (HCBK) could be held up until the end of 2014.
December 17 -
Early in the year Hanmi Financial in Los Angeles was poised to put itself up for sale. But its deal to buy a Texas bank with operations in six states could rearm Hanmi in its fight with BBCN Bancorp and Wilshire Bancorp to be the top Korean-American bank.
December 16 -
Nearly one in four Federal Housing Administration loans would go belly up in the next five years if another recession hit the U.S., a new study has found.
December 16 -
With payday loans in regulators' cross hairs, banks are looking to check cashing as a way to bring in new customers and boost fee income.
December 16 -
Urban Partnership Bank in Chicago is selling a branch, has launched an online banking platform and has made an unusual offer to customers.
December 16 -
Fiserv was supposed to post a note on the website of an N.C. bank that BNC recently bought that redirected the acquisition's customers to BNC's site. Unfortunately, the note appeared on the wrong website -- that of a nearby rival.
December 16 -
Sierra Bancorp (BSRR) in Porterville, Calif., has tapped Kevin McPhaill to be its president and chief executive-in-waiting.
December 16




