Community banking
Community banking
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As large banks put stronger fraud monitoring and authentication technology in place, fraudsters have been turning to small banks, like Kennebunk Bank on the coast of Maine. Here's how it fought back.
February 21 -
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
February 21 -
Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.
February 21 -
Fairwinds Credit Union in Orlando is set to buy Friends Bank, the third time this year a Florida-based bank has agreed to sell to a credit union.
February 20 -
The Illinois company will pay $46 million for a bank that is a fraction of its size.
February 20 -
Fairwinds Credit Union's deal for Friends Bank marks the third time this year that a Florida bank has agreed to be sold to a credit union.
February 20 -
Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year.
February 19 -
Central National Bank rebranded as Stride Bank to move away from a name with overused words.
February 19 -
The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019.
February 18 -
"You can't meet customers at the headquarters," CEO Kevin Cummings tells his senior executives.
February 15 -
HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.
February 15 -
They all agree that legislation is needed, but the two approaches being offered are exposing tensions.
February 14 -
Criticism of the National Credit Union Administration is unwarranted given the myriad of abuses banks commit.
February 14 -
While proponents contend the model could help reach the underbanked, there remain many arguments against it.
February 14 -
Now the organizers of American Bank & Trust must raise $20 million to open the state's first new bank since the financial crisis.
February 13 -
Banks and credit unions are experimenting with ways to maximize margins in an environment where the yield curve is flat, depositors want them to pay up and they fear the Fed could actually cut rates.
February 13 -
Members of both parties want to make it easier for legal cannabis businesses to access financial services, but myriad obstacles stand in the way of that goal.
February 13 -
The biggest merger in years is reviving the idea that the industry is headed for a barbell-like shakeout, with very large banks on one end, community banks on the other and very few in between.
February 13 -
The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate.
February 13 -
OceanFirst in New Jersey shuttered more than a third of its branches but says nearly all the customers stuck with the bank because it trained employees to show customers how to go digital.
February 12





















