Community banking
Community banking
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A pair of banks formed just before the 2008 financial crisis are the latest to merge as other opportunities to deploy capital remain elusive.
September 16 -
First M&F Corp. in Kosciusko, Miss., is looking to shed six branches, or roughly 14% of its offices.
September 16 -
Superior Bank in Tampa has added another former Regions Bank executive to its management team, naming Sean Johnson as its head of retail banking.
September 15 -
Wintrust Financial Corp. won the bidding for the failed First Chicago Bank & Trust but it is still fighting for the right to use the First Chicago name.
September 15 -
Nuvo Bank President Jeff Sattler and this hotel owner plan to take a 13-story leap for charity.
September 15 -
The same uncertainties about the economy, capital rules and other matters that are slowing deal activity could ultimately prod sellers to give in. The question is when.
September 15 - California
Opus Bank, Irvine, Calif., hired Michael L. Allison as chief credit officer and executive vice president.
September 15 - California
Continuing a wave of consolidation among California community banks, AltaPacific Bancorp in Santa Rosa said late Wednesday that it is buying Stellar Business Bank in Covina for $17.4 million in stock.
September 15 -
S&T Bancorp in Indiana, Pa., announced late Wednesday that it is buying Mainline Bancorp Inc. in Ebensburg, Pa., for roughly $21.5 million in cash and stock.
September 15 -
Employment in the mortgage industry continued to grind down in recent months, and the current revival in loan volume appears likely to produce a modest reversal in the trend at most.
September 14 -
Led by energy, and bolstered by a diversifying economy, the Texas metropolis is drawing a wave of new banks to vie with the city's incumbents.
September 14 -
Massive consolidation is inevitable, say the pundits, but the heads of prospective buyers say they can wait out reluctant sellers and the uncertain economy.
September 14 -
The American Bankers Association is calling on the Treasury Department to provide more details about rejected applications for the Small Business Lending Fund.
September 14 -
The Federal Deposit Insurance Corp. plans to close its temporary suburban Chicago office next September, nine months earlier than expected.
September 14 -
John Koelmel, head of fast-growing First Niagara, found himself literally and figuratively in the middle of the jobs debate.
September 14 -
An interview last week with Federal Reserve Bank of Kansas City President Tom Hoenig yielded more than we could fit into our story on his plan to tighten up the federal safety net. Here's what else was on the regulator's mind.
September 14 -
Sixty-one small banks will receive a total of $608 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.
September 14 - California
Simone Lagomarsino reflects on the divisive debate on whether credit unions should be allowed to raise capital. Backers view such a move as a necessity for struggling credit unions, while detractors worry that it could cost the industry its tax-exempt status.
September 14 - California
Simone Lagomarsino took the helm of Heritage Oaks in Paso Robles, Calif., on Monday. The veteran banker has a long track record of selling banks, but says she is here to build value.
September 14 -
Despite an increase in the number of cyber attacks, losses to financial institutions and their customers have fallen over the last 18 months.
September 14




