Community banking
Community banking
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Regulators have published the latest catalog of places outside metropolitan areas where lending will earn banks credit toward their Community Reinvestment Act obligations.
June 19 -
The $130 million-asset parent of Guernsey Bank said Tuesday it would pay roughly $5 million for Ohio State, which has three branches in the Columbus area.
June 19 -
The $804 million-asset bank will offer as many as 1.45 million shares to the public at $14.25 a share, which could produce as much as $20.7 million.
June 19 -
Cambridge Savings Bank in Massachusetts has hired new chief financial and marketing officers.
June 19 -
Heritage Commerce (HTBK) in San Jose, Calif., has teamed with a Bay Area nonprofit group to help low-income entrepreneurs secure startup capital.
June 19 -
Fulton Financial (FULT) in Lancaster, Pa., is extending a share repurchase program by three months.
June 19 -
A number of recent deals in the state could spur more Virginia banks to buy or sell. However, big out-of-state buyers are unlikely to get involved because there are few large targets left.
June 19 -
Contradictory regulations, such as the CFPB's QM standards and HUD's new fair lending rules, inhibit banks ability to devote resources to their businesses.
June 19 -
Deutsche Bank reached a settlement with the city of Los Angeles to resolve a lawsuit claiming the bank acted like a "slumlord" and let foreclosed homes in low-income neighborhoods fall into disrepair.
June 19 -
Taylor Capital Group (TAYC) in Chicago has hired David Drury, a General Electric Capital executive, to head sales and capital markets for its equipment-finance unit.
June 18 -
Think you have time to wait to get in the M&A game? Think again, says Lynn Fuller of Heartland Financial in Iowa, who sees the next two years as the time to bulk up his multistate bank before prices soar.
June 18 -
People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.
June 18 -
The OCC's third risk report cited put cybersecurity as the second biggest worry for bankers, right after struggles to maintain revenue.
June 18 -
Intervest Bancshares bid successfully for some of its own shares in a recent Treasury Department auction.
June 18 -
Small-business owners are feeling more bullish about the economy than they have in three years, a new Citigroup (NYSE: C) study has found.
June 18 -
Chris Sawyer, an executive at Altrust Financial, says there are several factors behind the companys decision to merge its banks.
June 18 -
M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.
June 18 -
Even great bankers cannot succeed when forced to compete in a market with an influx of new banks and a shortage of skilled bankers, wise directors, and experienced regulators.
June 18 -
Browser advancements made in recent months are allowing developers to bring check deposit to mobile sites.
June 17 -
Given America's romance with small business, it certainly can't hurt to be seen out there supporting mom and pop.
June 17




