Better incentives to lend and invest in underserved communities are also worthy of consideration, Loretta Mester says, as regulators try to blend the best of the Community Reinvestment Act with new ideas in updating its rules.

The agencies issued a joint statement on the types collaborative arrangements that a bank could employ to make BSA/AML compliance more efficient.

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution.

The regional bank is putting its corporate stamp on branches in the two states.

The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on current conditions.

Banks’ tab to fight hackers rose 9% from last year by one measure. Investors want them to rein in tech investments, but security experts say the crooks are getting smarter and smarter.

The company will pay $96 million to buy HomeTown Bankshares to gain scale in western Virginia.

The company will record a quarterly charge after reporting potential fraud tied to commercial deposit accounts.

First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.

The agency found that banks with less than $10 billion in assets were more prone than larger lenders to go beyond using standard criteria in evaluating borrowers.

On Jun. 30, 2018. Dollars in thousands.

Citizens & Northern will pay $43 million for the $348 million-asset Monument.

AmeriNational Community Services plans to form an industrial bank in Nevada.

Copying big banks, smaller institutions are pairing with robos to meet changing mass-affluent preferences in long-term investment products.

Perseverance and commitment are two requirements to get more minority bankers into senior leadership positions.

Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.

Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.

Paul Yonamine will succeed Catherine Ngo as the company's leader next month. Ngo will continue to run Central Pacific's bank.