Community banking
Community banking
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Community banks are warning Congress that allowing interest to be paid on such accounts will help large banks and hurt local communities, but they appear to be gaining little traction.
March 1 -
The Blackstone Group has converted some of its shares in BankUnited Inc. into non-voting stock in a move that should allow its own chief executive' to keep his personal financials private.
March 1 -
The Federal Deposit Insurance Corp. is embarking on an ambitious study to better understand community banks. It doing so, it's looking beyond the traditional measure size.
March 1 -
Beach Business Bank recently agreed to settle a lawsuit brought against it by shareholders corralled by a law firm specializing in litigation tied to acquisitions. Those types of investigations used to be reserved for larger deals but are quickly becoming a mainstay as consolidation picks up.
March 1 - North Carolina
Bank of the Carolinas Corp. in Mocksville, N.C., will be delisted from the Nasdaq after failing to maintain a market value of publicly traded shares of at least $5 million.
March 1 -
ALEXANDRIA, Va. — Fueled by higher bank fees and the Bank Transfer Day movement, credit unions scored some of their biggest membership gains ever in the second half of 2011, NCUA reported this morning.
March 1 -
BOK Financial Corp. in Tulsa is eyeing acquisitions of banks and nonbanks as it looks to both increase market share in areas where it operates and generate more revenues from fees.
March 1 -
Fiserv is merging its two person-to-person payment offerings, Popmoney and ZashPay, and will market the combined offering as Popmoney.
March 1 -
Heritage Commerce Bancorp Inc. in San Jose has received approval from its regulators and the Treasury Department to repay the $40 million it received from the Treasury's Troubled Asset Relief Program.
March 1 -
Georgia Bank & Trust has found that an automated approach to software patches brings compliance benefits.
March 1 -
Mobile banking, virtualization and imaging technology dominated this year's Top 10 Community Bank IT Initiatives. Thad Hutcheson at T Bank stood out from the pack for smart in-house/outsource decisions.
March 1 - Florida
Florida Capital Bank in Jacksonville has raised $25 million in the last 15 months as it works to meet regulatory capital ratios and overcome a slew of problem loans.
March 1 -
To the surprise of no one closely watching a new bill seeking to give banks some cover from examiners, federal regulators confirmed that no, they would not be OK with Congress creating an alternative appeals route for banks that want to dispute their exam ratings.
March 1 -
The current regulatory approach to compliance has led bankers to stop offering certain consumer loan products or to increase what they charge. We all lose if the cost of compliance forces regulated lenders to send customers to the back-alley loan shark.
March 1 -
Getting Associated Banc-Corp back in shape required painful writedowns, fresh capital, lending discipline, cultural adjustments, new growth tactics, more transparency — and a leader to put it all together. Enter Phillip Flynn.
March 1 -
For all the anxiety over low interest rates, net interest margins are higher now than they were for much of the last decade. For banks with less than $10 billion of assets, NIMs have been climbing for two and a half years.
March 1 -
Broadway Financial's new CEO; Goldman's Blankfein stands up for gay marriage; CenterState's preemptive strikes; Peetz's Penn State gig; ICBA's Nashville meet.
March 1 -
The Federal Deposit Insurance Corp. Thursday will announce the claims process for thrift shareholders who last year won a breach-of-contract case stemming from the savings-and-loan crisis.
February 29 -
When a judge blocked BankAtlantic's complicated deal to sell the healthy portion of its thrift to BB&T, it was the third so-called good bank/bad bank deal in Florida to get hung up.
February 29 -
Regulators say risk-based capital is the ratio they most want to see strengthened, community bankers say. That's a problem because minimum requirements could rise and examiners are said to exercise broad discretion in enforcement.
February 29






