Community banking
Community banking
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Merchant Bank in Winona, Minn., plans to buy two branches from Associated Banc-Corp (ASBC) in Green Bay, Wis.
August 30 -
The Federal Deposit Insurance Corp. took regulatory actions against nine banks and freed 22 banks from orders in July, according to an enforcement update released Friday.
August 30 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
August 30 - California
Commonwealth Business Bank (CWBB) in Los Angeles has added veteran banker Alvin Kang to its board.
August 30 -
First Financial Northwest in Washington ousted a longtime CEO, while HopFed Bancorp in Kentucky seated an outsider on its board and canceled an acquisition, under pressure from activist shareholders. More banks can expect similar fights.
August 30 -
The thought of leaving their century-old headquarters didn't appeal to execs at MidWestOne, but neither did a makeover during the height of the recession. They're finally free to give their office space some overdue updates.
August 30 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
August 30 -
The chief risk officer of Scotiabank in Toronto is retiring, prompting several senior management changes.
August 30 - Michigan
Independent Bank in Ionia, Mich., is back on track with payments on its trust preferred stock.
August 30 -
WSFS Financial in Wilmington, Del., has repurchased preferred shares it issued the Troubled Asset Relief Program.
August 30 - Oregon
Columbia Commercial Bancorp (CLBC) in Hillsboro, Ore., has completed a $6.6 million capital raise through a private placement offering.
August 29 - Kentucky
Citizens Bank of Northern Kentucky has named Stephen Brunson its president and chief executive, replacing interim chief David Van Horn, who remains a director.
August 29 -
The acquisitive Prosperity Bancshares in Houston is set to slow its growth following a deal for Tulsa's F&M.
August 29 -
The banking industry enjoyed a second consecutive record quarterly profit in the three months through June, according to the FDIC. But lower unrealized gains on available-for-sale securities sparked concerns about future risks from rising interest rates.
August 29 -
Retail giant Target is touting its success with a debit card that poses a threat to banks, but it's unclear whether other merchants will be able to follow suit.
August 29 -
The Federal Reserve Board has released Raton Capital in Raton, N.M., from an enforcement action.
August 29 -
Superior Bancshares in Hazelwood, Mo., has reportedly agreed to sell a 40% stake in itself to an investor group.
August 29 - North Carolina
Premier Commercial Bank in Greensboro, N.C., has held a beach-theme office party, brown-bag lunches on weighty matters like the cost of health insurance, and other special events to stand out in its market. It works.
August 29 -
Regional banks are expected to see a huge drop-off in mortgage originations over the second half of 2013 as interest rates continue to rise.
August 29 - Maryland
Dwight Utz, who is leaving VantageSouth in North Carolina five months after it bought his bank, says he is looking for CEO jobs Virginia, Maryland or Pennsylvania.
August 29




