Executives say they are passing on more loans as bank and nonbank competitors cut rates and forgo traditional safeguards.

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases.

Centreville Bank will pay $116 million in cash for PB Bancorp.

The company agreed to buy Steuben Trust for $107 million.

The $32 million merger will create a bank with nearly $1 billion in assets.

Complaints that banks, credit unions and nonbanks compete on an uneven playing field should be heard, just as community banks must take seriously the threats from high-tech rivals, says Julie Stackhouse, a retiring supervision official at the St. Louis Fed.

The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.

Tom Lopp will succeed Gary Judd at the end of November.

The Senate Banking Committee chairman said he wants to revise legislation enabling banks to serve marijuana businesses to ensure it does not benefit vaping providers that have sparked safety concerns.

The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

Employee programs need to embrace a wide range of groups including women, minorities and the LGBTQ community.

Bank groups that lobbied unsuccessfully for the rent waivers credit unions receive now back a bill that would create equal rates for both industries.

The accounting board delayed implementation for the majority of banks and credit unions until 2023.

The deal will create a nearly $500 million-asset bank.

The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.

The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.

Slowdowns in new factory orders and production, largely tied to the trade war with China, could translate to more defaults among industrial clients.

On Jun. 30, 2019. Dollars in thousands.