Community banking
Community banking
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Gregory Mitchell, who left First PacTrust Bancorp last month, has joined First Tech Federal Credit Union as president and CEO. In a letter posted on First Tech's website, Mitchell admitted to having a credit union membership while running at least two banks.
October 23 -
Regulators are barring a Maryland bank holding company from paying shareholders and some creditors until it takes steps to boost capital.
October 23 -
American Heritage in California had been facing pressure from the OCC to diversity beyond SBA lending. Rather than reinvent itself, the bank found an eager buyer in Sterling Financial, a Spokane, Wash., company that wants to expand the SBA platform.
October 23 -
Straying far from home is often a mistake. F.N.B. can speak to that from a past foray into Florida. But the Pennsylvania bank says its more focused deal in Maryland will work.
October 23 -
Numerica Credit Union recently held what amounts to a happy hour at its branches, except instead of cocktails, people were given $5 checks and shown how to use phones to deposit those checks.
October 23 -
All banks are eager to boost wallet share, but a new survey shows that many are not doing such a good job of cross-selling one of the most basic products to their checking clients.
October 23 -
The flood of new regulation, demands for more capital, harsh enforcement and an unexplained three-year-old de facto moratorium on de novo charters lead one to believe Washington wants fewer community banks
October 23 -
Strong deposit and loan growth fueled third-quarter income at Signature Bank (SBNY) in New York.
October 23 - Ohio
Earnings at FirstMerit, the $14.6 billion-asset Akron, Ohio, bank rose 10%, to $34.9 million in the third quarter, compared with a year earlier, it reported Tuesday. Noninterest expense fell 6.4%, to $108.5 million, over the same period.
October 23 -
Lending to companies that service the federal government have historically been safe bets, but that could change if Washington is forced to make drastic cuts early next year.
October 23 -
Banks can retain their best and brightest staff by offering career advancement opportunities, competitive base salaries, adequate training and attentive performance management.
October 23 -
Synovus Financial (SNV) in Columbus, Ga., reported a slight uptick in third-quarter income from a year earlier as its credit costs declined.
October 23 -
BBCN Bancorp in Los Angeles has agreed to buy Pacific International Bancorp in Seattle.
October 23 -
Want to sell your bank for the best possible price? It will pay to ride the merger wave early, dealmakers say.
October 23 - WIB PH
Romney may have worded it awkwardly, but he has never expressed a more pro-female sentiment than when he talked about those "binders full of women." Oftentimes, you need to deliver the resumes of female candidates directly to the decision makers in order to promote gender equity.
October 23 -
A tipping point is coming regarding anger and dissatisfaction over Dodd-Frank. But a new assessment of the regulatory landscape points a way for policymakers to get out of the mess.
October 23 -
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Chemical Financial (CHFC) in Midland, Mich., managed to boost quarterly earnings with higher interest income and lower credit costs.
October 22 -
F.N.B. Corp. (FNB) in Hermitage, Pa., said late Monday it had agreed to buy Annapolis Bancorp (ANNB), which owns the Bank of Annapolis, for $51 million in stock.
October 22 -
Eagle Bancorp's earnings rose 51% from a year earlier as the Bethesda, Md., made more loans and collected lower-cost deposits.
October 22





