Community banking
Community banking
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Hanmi Financial Corp. (HAFC), the second-largest U.S. bank catering to Korean-Americans, is looking for a buyer and hired DelMorgan & Co. to advise on a sale, said three people with knowledge of the matter.
January 9 -
Intermountain Community Bancorp (IMCB) of Sandpoint, Idaho, is now trading on Nasdaq.
January 9 -
Accounting-related gains are dwindling for many acquirers of failed or troubled banks. Their alternatives include cutting costs — or buying again.
January 9 -
Center Bancorp hopes it can get business referrals from the partnership, providing more evidence that banks are getting creative to generate revenue.
January 9 -
A neighborhood association wants regulators to stop the company and CEO John Kanas from expanding in New York.
January 9 -
Giving regulators more levers to pull and buttons to push with respect to the financial system only creates a false sense of security. The new regulatory powers come with few meaningful accountability checks.
January 9 -
FirstMerit (FMER) of Akron, Ohio, has chosen a veteran banker in the upper Midwest to manage its newly acquired business in Michigan.
January 9 -
Banks with Alabama ties capitalize on the home team's national championship in college football — fast.
January 9 -
Bank of America's need to downsize continues to benefit small banks, as Old National acquires branches with $780 million of deposits in two states.
January 9 -
Alvin Kang, the CEO of BBCN, has created the nations biggest Korean-American bank. Here are five noteworthy examples of banks where minorities own more than 51% of outstanding shares.
January 9 -
The $13.2 billion-asset company said Tuesday it has joined with prepaid card manager TransCard to offer a MasterCard prepaid debit card as an alternative to traditional checking accounts.
January 8 -
The common enemy of electronic payments is cash, and so any technology that makes it more convenient and more rewarding to use a credit or debit account is good for business.
January 8 -
The Minnesota bank raises hackles at the state's flagship university after it notified students that transactions with their native country may violate bank-secrecy laws.
January 8 -
The government agency has waived a compliance requirement for smaller community banks, removing a costly barrier of entry for hundreds of institutions.
January 8 -
United Community Bancorp (UCBA) in Lawrenceburg, Ind., has completed the stock offering for its second-step conversion.
January 8 -
The $2.5 billion-asset bank, which already makes home loans in Minnesota, said Tuesday that it is bulking up in the state by acquiring The Business Bank in Minneapolis and its mortgage subsidiary, Prime Mortgage.
January 8 -
Rep. Greg Walden (R-Ore.) on Monday announced plans to introduce legislation to take away the Treasury Department's ability to mint money to pay the federal government's bills.
January 8 -
Community banks participating in a government program upped their lending to small businesses by $7.4 billion over baseline levels during the third quarter, according to a report released Tuesday by the Treasury Department.
January 8 -
First Niagara Financial Group in Buffalo has snagged a veteran banker from Citizens Financial Group.
January 8 -
Shelter Insurance joins the growing list of insurers that are unwinding their banks amid mounting costs related to Dodd-Frank.
January 8






