Community banking
Community banking
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Almost everyone has a bank. Fewer and fewer have a banker. Heres why that needs to change.
August 9 -
Morrill & Janes Bank and Trust in Merriam has agreed to buy United Bank of Kansas in Lenexa. United will be merged with Morrill and operate as a branch, Morrill said in a press release.
August 8 -
Itaú Unibanco Holding in São Paulo, Brazil, has denied that it is in negotiations to buy Citizens Financial Group, the U.S. arm of the Royal Bank of Scotland (RBS).
August 8 -
Vendors are jockeying to be the go-to firm for banks that wish to shed the piles of paper statements and bills still blocking the path to low-cost digital processing.
August 8 -
The case of Cross River Bank demonstrates how small banks swimming in excess liquidity are getting creative to add loans. The Teaneck, N.J., bank's CEO and senior lenders are walking visiting businesses offer small 0% loans.
August 8 -
Bowing to pressure from community bankers, regulators extended the comment period on a set of proposals that will lift banks' minimum capital requirement to 7%.
August 8 - Georgia
Robert Hill, SCBT's president and CEO, announces his second open-bank deal in nine months as it looks to consolidate in South Carolina and Georgia. SCBT has also bought three failed banks since January 2010.
August 8 -
Bridge Capital Holdings (BBNK) has put its expanding capital-finance business into a separate division and named Lee Shodiss its boss.
August 8 -
The multidistrict litigation process lumped together disparate overdraft cases in a "one size fits all" approach. As a result, it did not achieve the salutary goals the judicial panel set out to accomplish and must be judged an expensive failure.
August 8 -
Prime Pacific Financial Services in Lynwood, Wash., will raise $5 million through a private placement of common stock as it works to meet capital requirements from a regulatory order.
August 7 -
Bureau says banks with fewer than 100 international money transfers a year can avoid new fee disclosure requirements, but some industry officials say the threshold is still too low.
August 7 - Arizona
The Federal Reserve Board has issued an enforcement order against Gold Canyon Bank that gives the Gold Canyon, Ariz., company 90 days to become adequately capitalized or to sell itself.
August 7 -
After two financial institutions merge on paper, the hard work starts in the IT trenches. Mark Duthu, executive vice president for Hancock Holding's trust and asset management group, discusses the complex integration of Whitney Bank.
August 7 -
Navy Army Community Credit Union cites familiarity, Fiserv’s wide array of services.
August 7 -
The Consumer Financial Protection Bureau said Tuesday that institutions with fewer than 100 remittances a year are exempt from a requirement that providers of international money transfers provide upfront fee disclosures.
August 7 -
Provident New York Bancorp (PBNY) in Montebello has raised roughly $46 million to help fuel its expansion in the New York City area.
August 7 -
It is best not to ignore Automated Transactions' ATM patent infringement claims. Instead, take proactive steps to determine what course of action is best suited for your financial institution.
August 7 -
The Miami area was hit hard when the housing bubble burst. Five years later, the area is starting to see more activity from foreign investors and new construction is under way, giving hope to the rest of the state's banks.
August 7 -
Hampton Roads Bankshares (HMPR) is on the verge of a $45 million rights offering, the second phase of the Norfolk, Va., company's $95 million capital-raising effort.
August 7 -


