Community banking
Community banking
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One of the hottest bank technologies is already repeating mistakes of decades past and showing just how far banks have to go to catch up with the times. Here is one easy way to make this emerging tech more appealing to today's customers.
October 31 - Illinois
As banks grow and their business models become more complex, some find that adding a general counsel to the staff makes sense. Bank SNB in Stillwater, Okla., says hiring one allowed it to reduce its legal fees by 80%. Here are the pros and cons.
October 30 -
The Bancorp's stock fell nearly 15% Friday after the Wilmington, Del., company reported a large quarterly loss tied to a bad commercial real estate loan.
October 28 -
The $11.2 billion-asset Banc of California said in a press release Friday that it sold the division the $4.4 billion-asset Hanmi. The companies did not disclose the price.
October 28 -
Back in the black and looking increasingly healthy for the first time in a decade, First Mariner is poised to accelerate growth next year.
October 28 - South Carolina
The $381 million-asset company said its bank was no longer under a consent order with the Federal Deposit Insurance Corp. and the South Carolina State Board of Financial Institutions.
October 27 -
The group, known as First Boston Holdings, also plans to raise $100 million. The group said Admirals will be renamed Bank & Trust Company of Boston.
October 27 -
Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.
October 27 -
Iberiabanks stock fell in morning trading after the Lafayette, La., company posted third-quarter profits that missed expectations.
October 27 -
Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.
October 26 -
MemoryBank, a new digital-only bank unit of Republic Bank & Trust, aims to serve the sweet spot of customers who are digitally savvy but also have money.
October 26 -
Five banks in Kansas are putting together plans to share a compliance officer. While the move should save money, the banks are fully aware of the risks involved with the potential collaboration.
October 26 -
Prosperity Bancshares' profit took a hit in the third quarter from lower yields on loans and higher expenses.
October 26 -
Higher mortgage banking revenue and commercial real estate lending offset merger costs at United Community Banks in Blairsville, Ga., leading to an improvement in third-quarter profit.
October 26 -
Valley National Bancorp in Wayne, N.J., had stronger quarterly profit that reflected improved revenue.
October 26 -
The latest tale of wrongdoing tied to the financial services industry is the outcome of a smart customer-centered strategy that went awry. Now, bank customers will ultimately suffer the most.
October 26 -
UMB Financial in Kansas City, Mo., reported higher quarterly profit as it continues to makes progress on a multi-year effort to slash expenses.
October 26 - Mississippi
The $13 billion-asset company said in a press release Tuesday that its third-quarter earnings rose 9.5% from a year earlier to $31 million, or 46 cents a share.
October 25 -
Flagstar Bancorp's quarterly profit increased after a decline in the value of a 2012 legal settlement liability tied to its mortgage lending practices.
October 25 - Iowa
Heartland Financial USA in Dubuque, Iowa, has named Jack Lloyd president of its residential mortgage business.
October 25




