Community banking
Community banking
-
The roughly 800 banks opened since 2002 have failed at about twice the industrywide pace. But some, including a few that have been repurposed as rollup vehicles, have prospered. The tables here rank the best and worst performers among the de novos of the past decade.
December 1 -
The Treasury said Thursday it expects to gain net proceeds of $3.4 million after pricing warrants to purchase shares in Associated Banc-Corp., one of the financial institutions it rescued during the financial crisis.
December 1 -
Three banking industry veterans are launching a hedge fund that will invest in small and mid-sized banks that are ripe for consolidation.
November 30 - Florida
Trustmark said late Wednesday that it will pay $22 million for the $247 million-asset Bay Bank, representing about 85% of the seller's tangible book value at Sept. 30.
November 30 - Puerto Rico
First BanCorp in Puerto Rico said Wednesday that it had raised about $3.3 million from a rights offering.
November 30 -
A proposal to allow more small banks to avoid SEC registration will be highlighted by the Senate Banking Committee on Thursday — a sign that the issue has become a priority on Capitol Hill.
November 30 -
NASHVILLE, Tenn. — Members of Volunteer Corporate CU approved the combination with West Virginia Corporate FCU to create a $1.5 billion corporate, one of six pending corporate marriages.
November 30 -
There are signs that community bankers and regulators are trying to thaw relations. But uncertainly over the Dodd-Frank Act and longstanding distrust remain impediments to tangible progress, observers say.
November 30 -
Weak community banks will have to give in and start selling in greater numbers next year, two executives of acquisitive banks predict.
November 30 - Tennessee
The Nasdaq stock market has notified Tennessee Commerce Bancorp Inc. in Franklin that its shares could be delisted for its failure to file timely financial reports.
November 30 -
Porter Bancorp Inc.'s largest outside shareholder says that the Louisville, Ky., company continues understate its level of problem loans despite its recent claims that its allowance for loan losses is sufficient.
November 30 -
New Orleans savings bank to deploy core processing, teller and IVR software from the vendor.
November 30 -
The Federal Reserve Board named Michael Gibson as the new director of bank supervision. Current director Patrick Parkinson set to retire, ending his 30-year career.
November 30 -
In our increasingly detached world, where folks spend more time staring at little screens in their hands than interacting with people, the things that create real customer relationships are as simple as ever.
November 29 -
The aggressive Massachusetts bank shows there are multiple ways to grow, including acquisitions of banks and talent.
November 29 -
- Massachusetts
A Maryland bank is planning a $5 million initial public offering, while a Massachusetts mutual holding company is looking to take the second step in its conversion to become fully public.
November 29 -
The ubiquitous bank for the Hispanic community positions itself for an expanded demographic within the U.S.
November 29 -
Farmers in the Corn Belt are making record profits off of their land thanks to a high demand for corn in both domestic and global markets. Is this the next bubble?
November 29 -
Eagle CEO Ron Paul discusses his bank's growth strategy after terminating a planned acquisition of Alliance Bankshares.
November 29



