Community banking
Community banking
-
Sterling Financial, which has 173 branches in Washington, Oregon, California, and Idaho, announced the launch of its free mobile app on Tuesday.
August 20 -
Free checking accounts are on the wane at traditional banks, according to a MoneyRates.com survey released Monday. But customers can still avoid monthly maintenance fees at a majority of online banks.
August 20 -
Monona State Bank in Wisconsin has begun using Encompass360, Ellie Mae's system for managing mortgage originations and servicing, the financial technology company announced Tuesday.
August 20 -
First National Bank announced Tuesday that it's made a $300,000 investment in the Colorado Enterprise Fund's Early Stage Loan Pool.
August 20 -
Signature Bank (SBNY) in New York has added to its national sales staff for specialty finance.
August 20 -
Community Bankers Trust (ESXB) in Glen Allen, Va., has agreed to sell its Georgia operations to Community & Southern Holdings in Atlanta.
August 20 -
Banks rely on their names to create stable, trustworthy images. Unfortunately, their copy-cat tactics also create confusion and demonstrate a lack of creativity, branding experts say. Here are some notable, overused examples.
August 20 -
F.N.B. Corp. (FNB) will cut 57 jobs at PVF Capital (PVFC) in October after it buys the Solon, Ohio, thrift company.
August 19 -
Doreen Eberley, the director of the Federal Deposit Insurance Corp.'s Division of Risk Management Supervision, says examiners are more sensitive today to risks that are not obvious on a bank's balance sheet and that banks need to scrutinize an ever-changing landscape of new products.
August 19 -
A surge in mortgage activity left Evolve Bank & Trust in Memphis feeling the need for a more efficient way to handle commissions and recordkeeping.
August 19 -
Community banks are looking at ways to keep making mortgages despite added regulation, rising rates and a shrinking refinance market.
August 19 -
ESSA Bancorp (ESSA) in Stroudsburg, Pa., has agreed to a buy most of First National Community Bancorp's (FNCB) retail operations in Monroe County.
August 19 -
The $557 million-asset company announced Monday that Holland will become chief credit officer for its SouthCrest Bank unit. He succeeds Kent Berry, who retired this year.
August 19 -
With interest rates rising, lenders are pushing hybrid adjustable-rate mortgages again. Lenders say borrowers like the lower monthly payments and the loans no longer have the onerous interest-only or balloon features that contributed to the housing crisis.
August 19 - New Jersey
Delanco Bancorp (DLNO) in Delanco, N.J., will convert from a mutual thrift to a fully public company.
August 19 -
Independent Bank (IBCP) in Ionia, Mich., plans to raise up to $86 million through a common stock offering.
August 19 - North Dakota
BNCCorp (BNCC) in Bismarck, N.D., named Timothy Franz its permanent chief executive less than a month after he become interim CEO.
August 19 -
Delmar Bancorp in Salisbury, Md., has worked out an arrangement to redeem preferred stock from an outside investor.
August 19 - Illinois
Donald Wilson, chairman of Community Financial Shares (CFIS) in Glen Ellyn, Ill., has been appointed the company's president and chief executive.
August 16 -
The Office of the Comptroller of the Currency took six enforcement actions and ended several others last month, the agency said Friday.
August 16




