Community banking
Community banking
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Northeast Community Bancorp (NECB) in White Plains, N.Y., is opening a fourth branch in Massachusetts as part of its continued expansion in the suburbs surrounding Boston.
May 22 -
The Federal Reserve has lifted a written agreement with Guaranty Bancorp and its bank, which could free the Denver company to retire some of its more costly debt.
May 22 -
Many bank buyers will stay on the sidelines until Dodd-Frank rules are written and the Consumer Financial Protection Bureau's agenda is clearer, industry experts say.
May 22 - Oregon
Umpqua Holdings (UMPQ) in Portland, Ore., continues to ramp up in commercial real estate lending at a time when many other banks are shying away from the sector.
May 22 -
Robin Zager has spent more than a decade on a bank board in New Jersey. Earlier this week, she discussed why there is a lack of female directors and how she handles being a part of a male-dominated board.
May 22 -
Three prominent private-equity groups that already own significant stakes in Hampton Roads Bankshares (HMPR) have agreed to pump another $50 million into the Norfolk, Va., company.
May 22 -
The federal agencies treat PE players as "slippery" characters, impose "draconian" limits on them and make the troubled European economy more appealing for bank deals, investor Ross says.
May 22 -
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Daryl Byrd, the CEO of Iberiabank (IBKC) says a wave of bank mergers is inevitable and will be larger than expected. Rusty Cloutier, his counterpart at MidSouth Bancorp (MSL), says a lack of able buyers is miring consolidation.
May 21 -
In a legal filing, the OCC made its argument that regulators acted appropriately when they closed the Denver thrift in early 2010.
May 21 -
Small-business owners are struggling to grow and hire — and they're blaming difficulties in securing financing, according to a Pepperdine University business school survey.
May 21 - WIB PH
The number of women serving as bank directors has hardly changed in the past decade and this year's annual meetings are doing little to move the needle.
May 21 -
Union Bankshares of Morrisville, Vt., has named its president, David S. Silverman, as chief executive after Kenneth D. Gibbons stepped down from the position.
May 21 - North Carolina
FNB United (FNBN) in Asheboro, N.C., is planning to sell up to two million shares of its common stock in a move that could net it close to $60 million of fresh capital.
May 21 -
The flagging bank M&A market needs a revival. This week bank executives and investors are sharing strategies to bring back the deals.
May 21 -
WASHINGTON – Members of the credit union-start-up REALTORS FCU, billed as the nation's first virtual credit union, voted over the weekend during the annual convention of its sponsor, the National Association of REALTORS, to merge the $75 million credit union into nearby giant Northwest FCU.
May 21 -
More than 100 former HSBC Bank branches across upstate New York and Connecticut are now operating as branches of First Niagara Bank.
May 21 - Wisconsin
WAUSAU, Wis. — NCUA this evening liquidated Wausau Postal Employees CU and assigned the remnants of the one-time $10 million credit union to nearby giant CoVantage CU.
May 18 -
The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama’s first bank failure in more than a year.
May 18 -
Bank stocks are up 13% this year, despite the recent swoon tied to JPMorgan Chase's trading snafu. That appreciation is pushing dividend yields down, leading some to wonder if banks will eventually raise quarterly payouts or hold onto the capital.
May 18





