Melinda McClure and Richard Horn have joined the management team at Old Dominion Bank in northern Virginia after struggling to raise enough capital for their de novo effort.

The company will pay $43 million in cash for a bank with seven branches and $209 million in deposits.

With margins under pressure and competition intensifying, a number of community banks are zeroing in on underserved markets.

Addressing payment security and achieving interoperability with a rival, private-sector network are just some of the challenges the central bank faces in building a government-backed real-time payment system.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.

Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.

It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments.

These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.

Millyard Bank is on a course to open by the end of this year.

The regulators have yet to complete rules on regional bank supervision, community bank capital and other provisions meant to ease institutions' burden.

The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.

The Pittsburgh bank is using software initially developed by a fellow mutual to help build out its platform.

Dealmaking had been sluggish until mid-July. Factors behind the uptick include uncertainty about both margins and loan growth.

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Banks submit millions of Bank Secrecy Act filings each year, yet only a fraction are valuable to law enforcement.

Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.

The Arkansas company will pay $434 million for Landrum Co., which also has branches in Oklahoma and Texas.

Financial institutions welcome regulatory feedback on their fintech offerings, but the industry wants the agency to waive enforcement for approved products.