Community banking
Community banking
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Navy Federal's strategy gives everyone else in the industry yet another way to get around the cap. Puzzlingly, some credit unions relentlessly press for legislation.
July 26 -
Iberiabank plans to close underperforming branches and trim elsewhere after acquisition-related costs rose in the second quarter, executives said Thursday.
July 26 -
Investors Bancorp offered depositors of Marathon Bank the prospect of participating in its second-step conversion from a mutual thrift, Investors CEO Kevin Cummings says.
July 26 -
Investors, which recently agreed to buy Marathon Bank, reported gains in the second quarter from its Brooklyn Federal acquisition and lending.
July 26 -
Another earnings crunch is coming and bank valuations will sink further. That means selling now is the smart move for hundreds of institutions, says Kamal Mustafa, who stress-tests banks and formerly headed M&A at Citibank.
July 26 -
Shares of United Community Banks Inc. fell sharply Thursday morning after the Blairsville, Ga., company reported earnings that came in well short of analysts' estimates.
July 26 -
The National Credit Union Administration announced Thursday it is creating an office to examine the nation's largest credit unions — the four with assets of over $10 billion, as well as the corporate credit unions — as part of a reorganization of its examinations process.
July 26 -
EverBank Financial (EVER) in Jacksonville, Fla., reported strong loan growth in its first quarter as a publicly traded company but expenses related to organic growth, recent acquisitions and a nationwide marketing campaign dragged down its overall earnings.
July 26 - Texas
A combination of a lower loan-loss provision and higher noninterest income contributed to improved profits at Texas Capital Bancshares (TCBI) in Dallas.
July 25 - North Carolina
The Federal Reserve Board entered into a written agreement with Macon Bancorp that requires the Franklin, N.C., company to serve as a source of strength to its bank.
July 25 - Indiana
The head of First Commonwealth Financial (FCF) spoke for a lot of bankers Wednesday who hope to follow his lead.
July 25 -
Sandy Weill's call to break up big banks invoked the Main Street bankers who have blasted Wall Street fat cats like him for years. What next for him — a director post at a small bank in Peoria?
July 25 -
Second-quarter earnings at First Midwest Bancorp (FMBI) declined from a year ago as the Itasca, Ill., company's net interest income fell and its provision for loan losses increased.
July 25 -
New York Community Bancorp Inc. (NYB) on Wednesday posted a 10% jump in second-quarter profits driven by robust refinancing activity on multifamily loans and strong prepayment penalty income.
July 25 - Missouri
UMB Financial in Kansas City, Mo., is succeeding in growing loans, but it is problems are picking up, too.
July 25 - Texas
Cullen/Frost Bankers (CFR) reported a dip in quarterly earnings because of a higher loan-loss provision and tighter margins.
July 25 -
Strong loan growth at BankUnited (BKU) helped the Miami Lakes, Fla., company post higher second-quarter income and beat analysts' expectations.
July 25 -
A brand consultant recently suggested that more banks could put the financial crisis behind them simply by developing new logos and brands. Here are a few financial institutions that have reinvented themselves in recent years.
July 25





