Community banking
Community banking
- New Mexico
The $755 million-asset New Mexico Banquest announced Friday it would be acquired by Strategic Growth Bancorp, an El Paso company founded by father-and-son team Bill and Pablo Sanders.
November 30 - Idaho
Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.
November 30 -
Ameris Bancorp (ABCB) in Moultrie, Ga., will redeem preferred shares it had issued to the Treasury Department as part of the Trouble Asset Relief Program.
November 30 -
Consumer advocates say recent data shows that banks must do more in disadvantaged areas in cities such as New York. A closer look, however, shows improvement in certain CRA-related areas.
November 30 -
Why does an industry so often criticized for charging high fees to low-income consumers think it can win over critics by adding members of the 1% to the payroll?
November 30 -
Domenick Cama, the COO of Investors, helped honor Christopher Martin, the chairman and CEO of Provident Financial Services, at a human relations award dinner in New Jersey this week.
November 30 -
A survey released Friday found that business owners have become more concerned about the future health of their firms — perhaps because of fears about the fiscal cliff.
November 30 -
Plenty of bankers want to buy another bank, but few plan to sell, according to a new survey. And there are other obstacles.
November 30 -
The Federal Deposit Insurance Corp. doled out 13 consent orders to banks in October. The latest batch, disclosed by the FDIC on Thursday, included banks in across the country, including areas hardest hit by the downturn such as California, Florida, Georgia and Illinois.
November 30 - California
NCAL Bancorp (NCAL) in Los Angeles is selling one of its five branches to a neighboring bank.
November 30 -
Small banks face a tough outlook for 2013, the Consumer Financial Protection Bureau warns credit reporting firms, Barney Frank's impact on banking.
November 30 -
Lake Shore Bancorp (LSBK) in Dunkirk, N.Y., has purchased a former First Niagara Bank branch in Snyder, N.Y.
November 30 -
Umpqua Bank continues to expand its real estate business in the Pacific Northwest with the addition of a new homebuilder finance group.
November 30 -
Banks today are struggling to pull together complaints data from multiple sources for analysis, resolution and reporting. There is also the challenge of interacting with customers, especially when something goes wrong.
November 30 -
FDIC board member Thomas Hoenig proposes corresponding a bank's required capital minimum to its Camels rating and subjecting big banks to more detailed exams.
November 30 -
Huntington Bancshares (HBAN) has extended the contract of Chief Executive Stephen Steinour by three years, through the end of 2016, the Columbus, Ohio, company said Thursday.
November 29 -
The average credit union is billions of dollars smaller than the behemoth banks. And the overall quality of credit union business loans is much higher than that of bank commercial loans.
November 29 - Wisconsin
The Federal Reserve Board has terminated an enforcement action against Johnson Financial Group in Racine, Wis.
November 29 -
Wintrust Financial would sell the $161 million in deposits and three branches it bought from the failed Second Federal Savings and Loan to a credit union. Regulators will OK such deals under the right conditions, experts say.
November 29 - Kentucky
The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.
November 29




