Community banking
Community banking
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Online and mobile banking adoption continues to grow quickly, a national poll finds.
August 7 -
CoBiz Financial (COBZ) in Denver plans to retire $21 million in debt. The $2.7 billion-asset company is scheduled to retire the unsecured notes on Aug. 19, it said in a regulatory filing Tuesday.
August 7 -
Farmers & Merchants Bank of Long Beach (FMBL) in California has hired a chief operating officer.
August 7 -
Farmers & Merchants State Bank in Archbold, Ohio, has agreed to buy a branch from Croghan Colonial Bank in Fremont, Ohio.
August 7 -
Sterling Bank in Spokane, Wash. will allow customers to transfer money to and from accounts at other financial institutions for free.
August 6 -
Sussex Bancorp (SSBX) in Franklin, N.J., has completed a $7.2 million capital raise.
August 6 - Texas
Carlile Bancshares plans to merge and rename its two Colorado banking units.
August 6 -
A former chairman of the failed Premier Bank in Wilmette, Ill., has been charged with fraud in what prosecutors say is the first criminal case tied to the Troubled Asset Relief Program.
August 6 -
Are banks destined to become trusted repositories for personal information as some pundits predict or is the notion utter nonsense? That was one hot topic of conversation during a recent Twitter Chat hosted by American Banker on the future of banking. The publication's BankThink editors discuss.
August 6 - Montana
The Federal Reserve Board has terminated an enforcement action against Belt Valley Bank in Belt, Mont.
August 6 -
The Federal Deposit Insurance Corp.'s online training for community bankers now includes an eight-video module on how institutions can manage their exposure to fluctuating rates.
August 6 -
The bank wants to make acquisitions in central Florida, but CEO Michael Micallef keeps hitting snags with loan books, cultural fit and deal structure.
August 6 -
Allegiance Bancshares has agreed to buy the $220 million-asset Independence Bank. Both are in Houston.
August 6 -
Republic First Bancorp (FRBK) will allow customers to access funds at Allpoint Network ATMs without paying service fees.
August 6 - Illinois
BankFinancial (BFIN) in Burr Ridge, Ill., reported a decrease in quarterly profit because of lower net interest income.
August 6 -
Quarterly earnings at Meta Financial Group (CASH) in Sioux Falls, S.D., came in above analysts' estimates due to growth in revenue from loans and the company's payments system.
August 6 -
Baylake (BYLK) in Sturgeon Bay, Wis., has agreed to sell $26 million in deposits from two branches to 1st National Bank of Berlin in Wisconsin.
August 6



