Community banking
Community banking
-
The complexion of bank M&A has changed, say investment bankers at St. Charles Capital in Denver: buyers and sellers are healthier, both sides are closer together on valuations and more buyers are approaching targets directly in lieu of bidding wars.
August 27 -
Webster Financial in Waterbury, Conn., has promoted one of its executives to run its personal bank operations.
August 27 -
Hamilton State Bancshares in Hoschton, Ga., has agreed to buy Cherokee Banking in Canton, Ga.
August 27 - Connecticut
SBT said Monday that Richard Sudol will succeed Anthony Bisceglio, who is retiring from the $382 million-asset company.
August 26 - Arkansas
The longtime chief operating officer at Bank of the Ozarks (OZRK) in Little Rock, Ark., is retiring.
August 26 - Florida
U.S. Century Bank in Doral, Fla., has gained a pair of new investors and lost two others in the latest chapter of the struggling bank's $50 million recapitalization plan.
August 26 -
The company, which lost millions of dollars after straying from core banking, has returned to its roots as a traditional banking around Philadelphia.
August 26 -
Community Bank Shares in New Albany, Ind., has lowered its cost estimates for integrating First Federal Bank in Lexington, Ky.
August 26 - New Jersey
Sun Bancorp (SNBC) in Vineland, N.J., has hired a veteran banking executive to become its chief credit officer.
August 26 -
Free checking accounts may be on the wane, but a majority of Americans still pay no monthly service fees, according to a survey from the American Bankers Association.
August 26 -
A pair of Oregon banks are facing charges in a civil lawsuit brought by victims of an alleged Ponzi scheme.
August 26 - Arizona
Capitol Bancorp (CBCRQ) has lost another bank after regulators closed its Sunrise Bank of Arizona on Friday.
August 23 -
Community South Bank in Parsons was shut down by Tennessee regulators Friday.
August 23 -
HopFed Bancorp (HFBC) in Hopkinsville, Ky., and Sumner Bank & Trust in Gallatin, Tenn., have terminated plans to merge.
August 23 -
EverBank Financial (EVER) has reached a $43 million settlement with the Office of the Comptroller of the Currency in connection with allegations of improper foreclosure practices.
August 23 -
IMGCAP(1)]
August 23 -
The Federal Bureau of Investigation is offering a reward of up to $10,000 for help in catching the so-called Loan Ranger Bandit, the agency announced on its website Friday.
August 23 -
The Great Recession allowed banks to gain ground on the finance arms of automakers. Now they're making investments aimed at keeping that edge.
August 23 -
The regional banks face a False Claims Act probe by the departments of Justice and Housing and Urban Development into how they originated FHA-insured loans. Large fines may follow.
August 23 -
Banks and credit unions are squaring off on the social media front over a Depression-era law that exempts credit unions from federal income taxes.
August 23




