Community banking
Community banking
-
Orrstown Financial in Shippensburg, Pa., has agreed to pay a $1 million to settle charges that it misled investors as it raised capital in the wake of the financial crisis.
September 29 -
City National Bank in Los Angeles has launched a national business to focus on the food and beverage industries.
September 29 -
Scottrade Financial Services, an online brokerage services company whose holdings include the $16 billion-asset Scottrade Bank, is working with an adviser to explore a sale, according to people familiar with the matter.
September 29 - Maryland
Revere Bank in Laurel, Md., has raised $31 million in a subordinated debt offering that it plans to use for M&A and other purposes.
September 29 - Michigan
Mercantile Bank Corp. in Grand Rapids, Mich., announced several promotions that underscore a heightened focus on loan growth.
September 29 -
Granite Bank in Portsmouth, N.H., has acquired Cousins Home Lending.
September 29 -
Riverview Bancorp in Vancouver, Wash., has agreed to buy certain assets and liabilities of MBank in Gresham, Ore.
September 29 -
It's time that financial institutions in America recognize the value that women can bring to the executive suite and boardroom.
September 29 -
A federal judge has silenced at least temporarily a whistleblower who brought charges of misconduct at the parent company of Bank of Internet USA in San Diego.
September 28 -
The $234 million-asset bank said in a recent press release that Thomas Duryea had succeeded its founder, Shirley Nelson.
September 28 -
Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.
September 28 -
Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.
September 28 -
First Internet Bancorp in Fishers, Ind., has issued $25 million in subordinated debt and intends to use the proceeds to support its rapid growth and perhaps for future acquisitions.
September 28 -
ST. LOUIS Risk management is critical as small banks aim to make money in a low-rate environment.
September 28 - California
CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.
September 28 -
Bank of Southern California in San Diego has agreed to sell $7 million of its common stock to the asset management firm Castle Creek Capital.
September 27 -
The $13 billion-asset company, formed by the merger of BBCN Bancorp and Wilshire Bancorp, said in a press release Monday that it will close 12 branches in southern California, New York and New Jersey as part of a broader cost-cutting effort.
September 26 -
First Merchants Corp. in Muncie, Ind., has agreed to buy a minority stake in Independent Alliance Banks in Fort Wayne, Ind.
September 26 -
The investment bank's annual ranking of midcap all-stars includes 10 returning all-stars from 2015 and 11 newcomers.
September 26 -
Debbie Matz, a former chairman of the National Credit Union Administration, has joined the board of Mutual of Omaha Bank in Nebraska.
September 26



