Community banking
Community banking
- California
California Republic Bancorp (CRPB) in Newport Beach, Calif., has completed a securitization of nearly $183 million of prime indirect automobile loans.
November 8 -
Anchor BanCorp Wisconsin in Madison managed to push capital ratios at its thrift a bit closer to well-capitalized status during the third quarter, despite posting another loss.
November 8 -
In update of the FDIC's community bank initiatives, officials reveal a Web-based feature designed to ensure examiner data requests are germane to individual exams.
November 8 -
Regulators have ordered Foster Bankshares in Rolling Meadows, Ill., to refrain from paying shareholders and some creditors until the company proves that it can cover its operating expenses.
November 8 -
Pan American Bank didn't let President Obama rest the day after his reelection. It urged him in a video Wednesday to make financial literacy and serving the unbanked a priority.
November 8 -
BankFinancial (BFIN) in Burr Ridge, Ill., is considering an aggressive plan to scrub its balance sheet of troubled assets by the end of the year.
November 8 -
Regulators would prefer that banks maintain higher levels of reserves, while accountants may start pushing more institutions to release reserves as loan problems dissipate.
November 8 -
The model for the future is simple: Provide easy access across multiple channels to improve the customer experience.
November 8 -
Yorktown Financial Holdings in Tulsa, Okla., has agreed to buy CNBO Bancorp in Pryor, Okla.
November 8 -
An investor group that includes a former executive of Ohio State Bank and Commercial Savings Bank of Ohio has reached a deal to buy Citizens Bank of De Graff.
November 8 -
Capital is important, but ample loan-loss reserves, governed by stringent supervision, are a much more direct, responsive way to account for credit risk.
November 8 -
A requirement by Valley National Bank in Tulsa that branch visitors remove anything covering their faces discriminates against Muslims, a civil liberties group says.
November 8 -
Enterprise Financial Services (EFSC) in St. Louis, Mo., has repurchased the $35 million of preferred stock it had issued to the Treasury Department under the Troubled Asset Relief Program.
November 7 -
Peapack-Gladstone Financial (PGC) in Bedminster, N.J., said that it doesn't expect any material losses tied to damage Hurricane Sandy inflicted on collateral properties.
November 7 -
Standard Bancshares in Hickory Hills, Ill., announced on Wednesday that it had entered into a set of definitive agreements with a consortium of private-equity investors for more than $130 million.
November 7 -
The elections on Nov. 6 mostly delivered the status quo, but raised a host of questions about how lawmakers will tackle the fiscal cliff, big bank breakups and housing finance reform.
November 7 -
Heritage Oaks Bancorp's (HEOP) chief financial officer has resigned and the Paso Robles, Calif., company has named an interim replacement.
November 7 -
Matt Wagner, the CEO of PacWest Bancorp in Los Angeles, turned a hostile bid into a deal with First California, and Wall Street seems to like the expected payoff.
November 7 -
The New Jersey company, which had a disappointing third quarter, also entered into a written agreement with the OCC recently. The regulatory order will likely delay plans for the mutual holding company to pursue a second-step conversion, leading some analysts to peg Roma as a good acquisition target.
November 7 -
Proposed legislation that encourages utility companies to report positive payment data is just one way to improve underserved consumers' access to high-quality credit products they can truly afford.
November 7


