Community banking
Community banking
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The mortgage servicer Ocwen Financial (OCN) more than doubled its profit in the first quarter following a string of acquisitions that has substantially boosted its market share.
May 2 -
The Federal Deposit Insurance Corp. has accused 18 former officers and directors of the parent company of Midwest Bank with reckless practices that led to the Chicago-area bank's failure during the financial crisis.
May 2 -
MidSouth Bank of Tennessee recently deployed software to speed up the process for documenting and calculating the allowance for loan and lease losses.
May 2 - WIB PH
American Banker Magazine Editor in Chief Heather Landy responds to the charges and examines the possible evidence of her own unconscious bias.
May 2 -
Small banks are pushing to be exempted from what they call an unneeded and overly burdensome data-collection effort to spot how consumers may be abused by checking account overdraft fees and other charges.
May 2 -
A pair of longtime foes, community banks and credit unions, oppose CFPB rules and — gasp — are even willing to team up in lobbying for exemptions.
May 2 -
Sterling Financial in Spokane, Wash., has agreed to buy Commerce National Bank in Newport Beach, Calif.
May 2 -
Ameris Bancorp in Moultrie, Ga., has agreed to buy Prosperity Banking Co. in St. Augustine, Fla.
May 2 -
Most annual meetings take place at corporate offices, hotels or country clubs. Here is a list of some of the most unusual venues for this year's slate of shareholder meetings.
May 2 -
The investors would inject $50 million into the struggling lender, the bank said Monday. U.S. Century would also sell its nonperforming loans, which totaled $95 million at March 31, to "unrelated third parties" for an undisclosed price.
May 1 -
The Kansas City company, which started with opening-day deposits of $1,100 in 1913, now has $15.7 billion in assets and a fresh formula that is allowing it to prosper with a conservative approach to credit.
May 1 -
Opus Bank in Irvine, Calif., has agreed to buy four branches from Zions Bancorp.'s (ZION) California subsidiary.
May 1 -
We must help carry forward the traditions of relationship banking while stressing the importance of technology adaptation and modern leadership.
May 1 -
IBC Bank in Texas, is bringing an environmentally friendly addition to the Austin skyline.
May 1 -
First Busey Bancorp (BUSE) in Champaign, Ill., reported a dip in quarterly profit as lending revenue fell and expenses rose.
May 1 -
Community Trust Bancorp in Pikeville, Ky., has a promoted a veteran banker to chief financial officer.
May 1 -
BOK Financial Corp. in Tulsa, Okla., reported a higher first-quarter profit due to loan recoveries and higher fee income.
May 1 -
When we create cultures in which higher-ranking managers become insulated from ever facing a "yes" or "no" from a customer, our leaders lose a little perspective.
May 1 -
Hudson City Bancorp (HCBK) in Paramus, N.J., reported a 34% decline in quarterly profit as it waits for regulators to approve its sale to M&T Bank (MTB).
April 30 -
Median bank chief executive pay raises slowed from the year before but look healthy compared with stagnant revenues and languishing stock prices.
April 30





