Community banking
Community banking
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Smaller banks may decide now is a good time to go public and raise capital for acquisitions and other growth opportunities.
May 21 -
The Fed on May 15 lifted a 2009 written agreement that barred the $326 million-asset Tysan from taking on debt or repurchasing stock without regulatory approval.
May 21 -
Umpqua CEO Raymond Davis expects banks to focus on customer service and building smaller branches in the years to come.
May 21 -
S&T Bancorp in Indiana, Pa., has appointed a new chairman.
May 21 -
Two bank deals, one in New Jersey and the other in California, have won regulatory approval and are nearing completion.
May 21 -
Like Jamie Dimon, a number of bank leaders have been in fights to keep their chairmanships from being lopped off in recent years. Many lost, and a few survivedbut it's rarely pretty.
May 21 -
Mark Jaindl, a Pennsylvania banker, fell less than 100,000 short of shaking up the board at the parent of Home Savings Bank.
May 21 -
Senate Majority Leader Harry Reid plans to hold a long-awaited vote later this week on the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau. With the opposition GOP planning to block the nomination, the move is a rehash of past battles and a sign that politics is once again trumping pragmatism in bank policymaking, argues Washington Bureau Chief Rob Blackwell. Ironically, the Republican's opposition will keep the CFPB focused largely on banks, rather than on their nonbank rivals, and could end up doing their banker friends more harm than good.
May 21 -
Ohio Valley Bank in Gallipolis has joined the Federal Reserve System.
May 21 -
Wintrust Financial in Rosemont, Ill., has retooled the ranks at its Wheaton Bank & Trust.
May 21 -
Organic growth, dealmaking and innovation are taking a backseat to compliance, bank executives told KPMG in a new survey.
May 21 -
The activist investor claims that D.F. King failed to turn in a master ballot, causing his board candidate to lose an election.
May 20 -
The $208 million-asset bank has filed an application for the change with regulators, it said last week. Executives wanted to get away from the geographically limiting name, though they plan to keep the bank's headquarters in Lowell.
May 20 -
The best-connected bankers in town combine heartfelt community involvement with hard-headed pragmatism about the importance of personal relationships when doing business. American Banker Magazine Editor Heather Landy discusses what others can learn from their examples.
May 20 -
The $2 billion-asset company in Rockville, Conn., said Monday it plans to repurchase as many as 10% of its roughly 2.7 million shares outstanding.
May 20 - Florida
Shareholders of OptimumBank Holdings (OPHC) have approved a reverse stock split aimed at preserving the Fort Lauderdale, Fla., company's Nasdaq listing.
May 20 -
Enterprise Financial Services has completed the purchase of a mortgage business from F&M Bank and Trust.
May 20 - Florida
Miguel Blesa, a former executive of Caja Madrid, is in Spanish prison after being accused of arranging to buy Florida's City National Bank at an inflated price.
May 17 - California
Pacific Mercantile Bancorp (PMBC) has postponed its annual meeting after it discovered that it awarded too many stock option grants to its former chief executive.
May 17 - Pennsylvania
Fulton Financial (FULT) in Lancaster, Pa., announced that its longtime chief financial officer will retire at the end of this year.
May 17







