Community banking
Community banking
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The $8 billion-asset subsidiary of Northwest Bancshares (NWBI) said Wednesday it would buy The Bert Company, which operates an employee benefits and property and casualty insurance firm known as The Bert Insurance Group, based in Erie, Pa.
November 21 -
FNB United (FNBN) in Asheboro, N.C., narrowed its loss in the third quarter as it continued to unload problem assets.
November 21 -
First State Community Bank in Farmington, Mo., which has done several M&A deals in recent years, benefits again as B of A and smaller banks look to streamline their operations.
November 21 -
Willing sellers have pretty much replaced failed banks among targets with less than $1 billion of assets. Volume has perked up in other size classes simultaneously.
November 21 -
Community banks in energy-rich North Dakota are having to get regulators' approval to buy houses for their employees, who can no longer afford to live there.
November 21 -
Forget directing downsized staffs to sell based on a particular person's share of wallet. Today's customers can tell the difference between brands that push products and brands that are genuinely trying to solve their problems.
November 21 -
As the Consumer Financial Protection Bureau streamlines mortgage disclosure forms, banks worry that the proposed simplification may become a burden.
November 21 -
Glenn S. Welch will become CEO of the company and its Hampden Bank effective Jan. 1. He is replacing Thomas R. Burton, who is retiring, the $611 million-asset company said Tuesday.
November 20 -
Ovation Holdings will acquire two branches in southwest Florida from Liberty Bank, as the Iowa thrift seeks to exit Florida.
November 20 -
First Citizens BancShares (FCNCA) of Raleigh, N.C., wants to open a regional headquarters in Jacksonville, Fla., and add other offices in the area.
November 20 -
Housing industry officials applauded the CFPB's bid to streamline mortgage disclosures, but they are now expressing concern about the more inclusive APR requirements and limits on changes in costs that can vary over time.
November 20 -
M&A could leave Chicago with 100 banks in seven years; rural banks in Midwest fetch better prices; and some large banks may have to shrink, say Stephen Nelson and Eugene Katz of D.A. Davidson.
November 20 - New Jersey
The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.
November 20 -
Providing a safe harbor for only some qualified mortgage loans will swing the stringent credit standard pendulum further in the wrong direction.
November 20 -
Meetinghouse Bancorp in Dorchester, Mass., raised roughly $6.6 million from its initial public offering.
November 20 - Ohio
The $6.2 billion-asset First Financial Bancorp (FFBC) will close 10 branches to cut costs, according to a report.
November 20 -
The Treasury Department will receive $62 million from its latest auction of stakes it owns in banks through the Troubled Asset Relief Program.
November 20 -
A dedicated line to Ray Davis' Portland, Ore., office is just another retail touch that helps the bank distinguish itself from competitors.
November 20 -
Trust isn't a message; it's a series of actions that demonstrate character. For the first time since the 2008 financial crisis, the banking industry established public goodwill through voluntary and proactive decisions.
November 20 -



