Community banking
Community banking
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As the president of Nationwide Financial Services Inc.'s new retail bank, Anne L. Arvia has no doubt what her biggest challenge will be: getting Nationwide's insurance customers to use its banking products and services.
July 21 -
BankAtlantic Bancorp Inc.'s chief executive said it has postponed its initial public offering of Ryan Beck & Co. Inc., because of the unit's poor second-quarter results and the lackluster demand for investment banking stocks in general.
July 21 -
More and more of City National Bank's business customers are doing business in China and have been asking the Los Angeles bank if it could provide banking services there.
July 21 - Massachusetts
A day after announcing a $116 million deal for Westbank Corp. in West Springfield, Mass., Peyton R. Patterson, the chairman, president, and chief executive officer of NewAlliance Bancshares Inc., promised more to come.
July 20 - Texas
Prosperity Bancshares Inc. in Houston continued its steady march across Texas on Wednesday, announcing a deal to buy the $1.8 billion-asset Texas United Bancshares Inc. in La Grange for $357 million.
July 20 -
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S&T Bancorp Inc. in Indiana, Pa., said loan losses caused its second-quarter profits to drop 28% from a year earlier, to $11.2 million.
July 19 -
Amcore Financial Inc. said Tuesday that it expects to enter a consent order with the Office of the Comptroller of the Currency this quarter that will require it to strengthen Bank Secrecy Act and anti-laundering compliance.
July 19 -
Coast Financial Holdings Inc. in Bradenton, Fla., has fired president and chief executive officer Brian Peters and named its chief financial officer as his replacement.
July 19 -
NewAlliance Bancshares Inc. in New Haven, Conn., said late Tuesday that it has a deal to buy Westbank Corp. in West Springfield, Mass., for $116 million.
July 19 -
Industrial Bank of Taiwan Co. Ltd. said Tuesday that it is buying the $331 million-asset EverTrust Bank in City of Industry, Calif., for $67 million.
July 19 -
For more information on this data, visit Novantas LLC and Market Rates Insight.
July 19 -
Sandy Spring Bancorp in Olney, Md., said a 17% increase in net loans and leases drove its second-quarter net income up 4% from a year earlier, to $8.1 million.
July 19 -
FNB Corp. in Hermitage, Pa., is offering a certificate of deposit designed to help customers offset the soaring cost of college tuition.
July 19 -
Larry Maschhoff is frustrated with customers who cannot commit.
July 18 -
Suffolk Bancorp in Riverhead, N.Y., said Monday that its second-quarter earnings rose 5.9% from a year earlier, to $5.64 million.
July 18 - Wyoming
When Rawlins National Bank was founded in 1898, Rawlins, Wyo., not far from the Oregon-California Trail, was a booming frontier town.
July 18 -
LSB Bancshares Inc. in Lexington, N.C., said its second-quarter earnings fell 36% from a year earlier, to $1.5 million, after it incurred a $1 million charge related to a condominium project.
July 18 -
Idaho Bancorp's second-quarter earnings rose on strong loan growth and an expanded margin.
July 17 -
Ryan Beck & Co. analyst Collyn Gilbert is touting community bank stocks in the Northeast as good buys for investors.
July 17




