Community banking
Community banking
-
Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.
July 17 -
Green Bancorp CEO Geoff Greenwade wants to buy more banks, which he hopes will ultimately make the Houston bank more attractive to buyers.
July 17 -
Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.
July 17 -
The regulator's recent report highlights supposedly high-priority concerns about small banks without mentioning the size, concentration and real risks of the megabanks.
July 17 -
- California
Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.
July 16 -
The central bank has brought back a process scrapped in the late 1990s, where it will review preliminary merger plans of untested buyers pursuing unusual deals.
July 16 -
Directors and officers liability coverage is an unpopular topic of conversation at board meetings. But directors who shirk their responsibilities in this area may one day find their claims denied.
July 16 -
A pair of Orrstown Financial Services (ORRF) executives quit just two months after the Shippensburg, Pa., company's chief financial officer resigned.
July 16 -
St. Helen's Community FCU hired a new CEO who immediately urged the board to terminate a merger agreement with nearby Wauna FCU, which would have created a $300 million credit union.
July 16 -
Citigroup, the third-biggest U.S. bank, reported a 12 percent drop in second-quarter profit that beat analysts' estimates on revenue from advising on mergers and underwriting stocks and bonds.
July 16 -
Pulaski Bank has filed a lawsuit against three former employees over mortgage data that the Creve Couer, Mo., bank claims the employees took and are using to give their new employer a leg up.
July 16 -
Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.
July 13 -
Uncertainty about the global economy, health care and taxes threaten to take already anemic loan growth off of life support.
July 13 -
The San Francisco company has the cash and willingness to buy more assets from U.S. and European financial institutions, management said during a conference call Friday.
July 13 -
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
July 13 -
Earnings at Webster Financial (WBS) grew more than 21% in the second quarter from a year earlier, as the Waterbury, Conn., company managed to add loans and transaction deposits.
July 13 -
Prevail CU and Harborstone CU of Tacoma announced plans to combine this afternoon to create another $1 billion credit union, the state's sixth.
July 13 -
The Federal Reserve Board has lifted a written agreement with Tower Financial that required the Fort Wayne, Ind., company to improve its lending and credit administration.
July 13 -
Four out of five banks that closed important deals last week did so in four months or less. First PacTrust, which is new to getting M&A approval from regulators, needed 10 months to close one deal and has another pending after more than a year.
July 12





