Community banking
Community banking
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The acquisition will more than double the assets at C1 Bank, which has been an active acquirer in Florida since receiving backing by a group Brazilian investors.
August 31 -
Dodd-Frank, aimed at restoring confidence in the so-called Wall Street banks, had a devastating effect on Main Street banks, and is now threatening their long-established role as the backbone of the American Dream.
August 31 -
Ray Davis, the CEO of Umpqua Holdings, bounces back from his failed attempt to buy American Perspective in central California with a $25 million agreement for Circle Bank in Northern California.
August 30 -
Credit unions are giddy about a new NCUA rule that says advanced video terminals can be counted as full-fledged service facilities, providing a new way to compete with banks by attracting members in underserved areas.
August 30 -
A number of de novo banks, or those that are seven years old or younger, are facing long delays from regulators when it comes to amending their business plans to allow for bigger growth targets.
August 30 -
Big and mid-size firms are borrowing, but small ones have shown no urgency to tap existing credit lines and take advantage of cheap capital.
August 30 -
The break up with JTH Tax comes months after Kentucky's Republic Bancorp agreed to end its refund-anticipation loan program as part of a settlement with the FDIC.
August 30 -
Leslie Lunak, an M&A expert who has been at BankUnited since 2010, will be promoted to chief financial officer early next year.
August 30 -
Northfield Bancshares in Minnesota has raised almost $3.8 million through a common stock offering.
August 30 -
In order to increase loyalty, financial institutions need to embrace social media, increase value to retain existing customers and use data to design competitive rewards programs.
August 30 -
Four months after the Portland, Ore., company lost a deal in the state to a higher bidder, Umpqua has agreed to buy Circle Bancorp in Novato, Calif., for about $25million.
August 30 -
In two lengthy interviews, John Walsh, the acting head of the OCC for nearly two years, offers his candid views on a range of subjects, including the FSOC's effectiveness and the reform idea he believes is "something worth dying for."
August 29 -
It took just three months for Orrstown Financial Services (ORRF) to find a new chief financial officer, but the move could not have come too soon.
August 29 -
NHB Holdings in Cottonwood Heights, Utah, has raised $7.6 million in fresh capital.
August 29 -
It may be hard for banks like Toronto-Dominion and New York Community to resist trying to outbid M&T for Hudson City, which agree to sell itself for a relatively low-priced offer.
August 29 -
Gulf Coast bankers say they were better prepared to handle the onslaught of Hurricane Isaac, which slammed into Louisiana on Wednesday. Bankers are better prepared seven years after Katrina battered the Gulf Coast, learning how to run their banks remotely and keeping plenty of cash on hand.
August 29 -
The central bank's most recent Beige Book finds disparities both between and within regional districts about the appetite for new loans.
August 29 -
The Treasury Department has released an infographic outlining how the financial reform legislation helps to strengthen Main Street banks. Do you agree Dodd-Frank creates a level playing field for financial institutions?
August 29 -
The new employment agreement with veteran banker John Kanas comes just weeks after reports surfaced that the Florida company was again weighing offers to sell.
August 29 -
Cordia Bancorp will invest $3 million to consolidate control of Bank of Virginia in a move Jack Zoeller, Cordia's CEO, says will position the company to make acquisitions and raise capital.
August 29






