Community banking
Community banking
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Regulators let Synovus acquire a failed bank its first deal in four years though it still owes Tarp $968 million. A surprising number of similar deals have occurred in recent years.
May 16 -
Consumer Financial Protection Bureau Director Richard Cordray sat silently at a public hearing as a room full of the industry's customers and employees argued that Americans should be allowed to make their own borrowing choices.
May 16 -
Analyze data to tailor offers and draft sales pitches that customers, particularly those visiting branches, will have a hard time refusing.
May 16 -
Four community banks announced Troubled Asset Relief Program redemptions Wednesday. Two were in Missouri and one each in South Carolina and Virginia.
May 16 -
nCino, which sells cloud-based bank operating software, scored a new client in Square 1 Bank of Durham, N.C.
May 16 -
Peoples Bancorp (PEBO) in Marietta, Ohio, has bought three insurance agencies in Jackson, Ohio.
May 16 -
Commerce Bancshares in Kansas City, Mo., has struck a deal for Summit Bancshares of Tulsa that would nearly double its asset base in Oklahoma.
May 16 -
Banks are starving for new revenue sources these days. Some are responding to fierce competition in mainstream lending markets by looking further afield, to financing ventures like improving energy efficiency and the building of manufactured housing. Following are examples of banks that are creating daylight between themselves and their rivals by focusing on unique businesses.
May 16 -
The common-sense steps taken in the bill will help even the playing field between community banks and big financial firms.
May 16 -
Consumer advocates believe the bounties banks pay to car dealers for steering customers to high-interest loans are abusive. But with a ban likely to spark a political backlash, the Consumer Financial Protection Bureau is instead seeking to prove the markups are discriminatory.
May 15 -
Since being forced out of Bank of America in 2011, Sallie Krawcheck has been talking a lot about the business case for gender diversity on boards and in top management. With her investment in 85 Broads, she is putting her money where her mouth is and hopes other women will, too.
May 15 - Maine
Bar Harbor Bancshares (BHB) in Maine has chosen TD Bank (TD) executive Curtis Simard as its next leader.
May 15 -
Cathay General Bancorp (CATY) has agreed to acquire about $40 million of deposits and a Las Vegas branch from SWNB Bancorp, marking Cathay's entrance in the Vegas market.
May 15 -
Lawmakers in both chambers are working to pass a major farm bill that will determine agricultural policy for the next five years, legislation that could have implications for rural lenders.
May 15 -
Central Arizona Bank, a unit of Capitol Bancorp, was set to be shut down with two sister banks last Friday, but a legal challenge bought it a few extra days.
May 15 -
Margin compression once again overpowered loan growth in the first quarter, sapping banks traditional source of revenue.
May 15 -
Atlantic Coast Financial's (ACFC) quarterly loss widened as its lending income fell and expenses rose.
May 15 -
Community banks often promise to move quicker on loan applications than big, bureaucratic banks. But online lenders are starting to make small banks look slow by approving small-business loans in a day or less.
May 15 -
Former TCF Financial (TCF) chief executive Lynn Nagorske has died.
May 15 -
Low yields and the short-term impact of a strategy shift weighed on Pacific Mercantile Bancorp (PMBC) in the first quarter.
May 15





