Community banking
Community banking
- Michigan
The Federal Reserve has taken action against one bank (Northwestern Bancorp in Traverse City, Mich.) and lifted an order on another (Saehan Bancorp in Los Angeles).
June 13 -
A German court weighed in on a bank mishap that gives new meaning to the term "you snooze, you lose."
June 13 -
West Bancorp. recently took out a loan to buy back 8% of its common stock, while BNC Bancorp used borrowed funds to exit Tarp.
June 13 -
Security State Bank has agreed to buy Security State Bank in a deal that could eliminate some brand confusion in central Iowa.
June 13 -
Some banks have transformed their loan portfolios with a focus on business borrowers, and made strides in profitability at the same time.
June 13 -
New indications that an overdraft fee crackdown is looming has added fresh urgency to bankers' quest to expand revenues. American Banker editors discuss some of the latest twists in the industry's search for ways to generate new business and cut costs.
June 13 -
Citizens Bank of Kansas in Kingman has traded in its national charter for a state charter.
June 13 -
Urban Partnership Bank announced Thursday it would open a branch in a Wal-Mart slated for Chicago's Pullman neighborhood.
June 13 -
Heartland Financial USA in Dubuque, Iowa, has agreed to buy Morrill Bancshares in Merriam, Kan.
June 13 -
After spending recent years repairing its balance sheet, Hanmi Financial (HAFC) is again looking to grow. To do so, it's eyeing markets that Korean-American lenders have traditionally neglected.
June 12 -
Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.
June 12 -
Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.
June 12 -
United Community Financial in Youngstown, Ohio, has raised $5 million of capital and announced plans to reshuffle the executive team at its bank.
June 12 -
As more banks look to equip their branch employees to handle all of their customers' needs, experts offer tips on how to ease the transition.
June 12 -
Fifth Third Bancorp in Cincinnati is planning to issue approximately $655 million of common stock as part of a share conversion.
June 12 -
Renasant and First M&F have lifted the curtain on certain aspects of their planned merger as part of a tentative settlement of a shareholder lawsuit.
June 12 -
Carl Chaney says his relocation recognizes that the Big Easy is a major part of the Gulfport, Miss., company's growth strategy.
June 12 -
CenterState Banks in Winter Haven, Fla., has hired a chief strategy officer from a California lender.
June 12 -
The Feds research raises more questions than it answers, among them: Is the researcher right when he says the great bankers he interviewed could run a bank successfully anywhere, anytime?
June 12 -
Texas Capital Bancshares (TCBI) in Dallas has announced its CEO succession plan. Keith Cargill, 60, will become president and chief executive of the $10 billion-asset company when current chief George Jones, 69, retires at yearend.
June 11





