Community banking
Community banking
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In a rare show of unity, the leading bank and credit union industry groups filed a joint friend-of-the-court brief to support TCF's lawsuit looking to block implementation of the Durbin amendment.
March 11 -
Iberiabank Corp. is on track to buy two Louisiana banks, ending the Layfayette company's seven-year lull of deal making in the state.
March 11 - California
The head of California United Bank in Encino, David Rainer, was appointed to the board of the Federal Reserve Bank of San Francisco, California United announced Thursday.
March 10 - New York
Financial Institutions Inc. in Warsaw, N.Y., plans to raise $40 million of fresh capital through a public stock offering.
March 10 - Illinois
Illinois regulators are swinging their hammers again, but this time, their targets are better equipped to take the blow.
March 10 -
The interchange provision included in the Dodd-Frank Act that theoretically acts as an exemption is an illusion. It will not work and cannot be made to work.
March 10 -
Large banks' overall funding advantage continued to drift down through the fourth quarter, but some of the narrowing could reflect lagged repricing in small banks’ time deposit portfolios.
March 10 -
While most lending sectors are still struggling to recover from the financial crisis, regulators are turning a nervous eye to one area that is thriving: agricultural lending.
March 9 -
While the GSEs have become struggling entities in conservatorship with a doubtful future, the structure of the secondary mortgage market remains significant, especially for community banks.
March 9 -
- Michigan
Chippewa Eagle Federal Credit Union, serving members and employees of the Saginaw Chippewa Tribe, opened Monday.
March 8 - New Jersey
Despite rising credit costs, Roma Financial Corp.'s fourth-quarter earnings, $100,000 a year earlier, rose to $1.2 million.
March 8 - Florida
Once an aspiring acquirer, Florida Bank Group Inc. in Tampa is now under a Federal Reserve enforcement action.
March 8 -
As loan demand continues to weaken for community banks, third parties are stepping forward, pitching services aimed at connecting banks with prospective borrowers.
March 8 -
Acting Comptroller of the Currency John Walsh warned Tuesday that a Federal Reserve Board proposal to limit debit interchange fees could hurt banks of all sizes.
March 8 - Louisiana
Iberiabank Corp. in Lafayette, La., is consolidating various outsourced debit card processing functions with products from Fiserv Inc.
March 7 - Mississippi
Community Bancorp LLC of Houston has completed its acquisition of Cadence Financial Corp. of Starkville, Miss., with a $144 million investment, the companies announced Monday.
March 7 - Texas
Capitol Bancorp Ltd. is selling its 51% stake in Bank of Las Colinas, which would mark its exit from Texas.
March 7 - California
California United Bank in Encino reported a net loss of $2.3 million for 2010, compared with net income of $745,000 in 2009.
March 7 - Virginia
Virginia Commerce Bancorp Inc. said Monday it has appointed an interim successor for its chief financial officer, who died last month following complications from cancer.
March 7




