Community banking
Community banking
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Mitsubishi UFJ, Japan's biggest lender, plans to increase loans to energy and utility industries in the U.S. to capitalize on a recovery in the world's largest economy, President Nobuyuki Hirano said.
April 12 -
Flagstar Bancorp in Troy, Mich., has added two key executives: Hugh Boyle, a former chief risk officer at Washington Mutual, will have the same job at Flagstar; and Michael Flynn was hired as the company's general counsel.
April 12 -
Investors in search of yield are supporting a return to more aggressive, higher-risk transactions. Banks need the discipline of fixed underwriting standards to prevent mindless herding.
April 12 -
M&T Bank's purchase of Hudson City Bancorp faces a lengthy delay after regulators raised concerns about M&T's compliance with anti-money-laundering rules.
April 12 -
Century (CNBKA), a $3.2 billion-asset company in Medford, Mass., said in a regulatory filing Thursday that James McDonough had resigned as a director to become CEO of Randolph Savings in Stoughton, Mass.
April 11 -
As part of a regular update of its finances, the Federal Deposit Insurance Corp. said it will return amounts from the 2009 prepayment that were unnecessary.
April 11 -
Community banks have upped their lending to first-time home buyers and more and more are making mortgage loans on their own without the help of wholesalers, according to the American Bankers Association.
April 11 -
The Bellevue, Wash., bank has done fine on its own, but decided to buy a smaller version of itself in hopes of boosting market value. And its CEO says he's not done dealing.
April 11 -
A fight over board seats at South Street Financial pits the company's management against the president and CEO of a bank in Pennsylvania.
April 11 -
In an eventful earnings announcement, the company also reported a big jump in profits and disclosed more details about a fraud scheme perpetrated by a warehouse-lending partner.
April 11 -
Commerce Bancshares in Kansas City, Mo., reported lower quarter earnings because of lower interest rates.
April 11 -
Investors pay attention to banks' dealing with relatives of executives and directors. Many of those details are highlighted in annual proxy statements. Here are some high-profile examples.
April 11 -
AmericanWest Bank in Spokane, Wash., has promoted an insider to oversee its expansion into Oregon and northern California.
April 10 -
CrossFirst Holdings in Leawood, Kan., has wrapped up a $22 million private placement.
April 10 -
Stieven, who has followed banks 30 years, managed a portfolio teeming with bank buyers. Still, he cautions against deals that only build scale.
April 10 -
The designer, reality television star and daughter of Donald Trump will not seek re-election to Signature's board, due to her "highly demanding schedule."
April 10 -
Big banks and their CEOs are facing lots of questions at their upcoming shareholder meetings, but the stakes might be higher for community and regional banks.
April 10 -
Bank of the West is putting a big focus on small-business lending while waiting for the sluggish loan growth environment to improve, says Andy Harmening, a senior executive vice president and regional banking group head. Harmening spoke to American Banker at the annual Best Practices in Retail Banking Symposium.
April 10 -
Equipment financing, once viewed as cost-prohibitive for smaller banks due to the financial commitment required to build in-house teams, has become more attractive due to opportunities to work with outside firms.
April 10 -
First BanCorp (FBP) in San Juan, Puerto Rico, has scrapped a plan to swap common stock for a certain type of preferred stock.
April 10








