Community banking
Community banking
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A Federal Housing Finance Agency rule that will force some members of the Federal Home Loan Bank System out next year is likely to have a material effect on several of the cooperative institutions.
August 11 - Connecticut
Patriot National Bancorp in Stamford, Conn., is in the market for a new chief executive.
August 11 -
Small-business owners are struggling to understand the cost of loans sold by marketplace lenders. To remedy this, the industry must embrace a disclosure box that includes these five principles.
August 11 - Ohio
Lending margins are once again contracting thanks to a confluence of factors, and bankers are doing everything from shifting cash into higher-risk securities to reconfiguring branches to pad profits.
August 10 -
First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.
August 10 -
Enterprise Financial Services in Clayton, Mo., said Wednesday that it has promoted James Lally to president.
August 10 - Delaware
The Bancorp in Wilmington, Del., is being investigated by the Securities and Exchange Commission for restating more than three years of financial statements.
August 10 -
Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.
August 10 -
Mercantile Bank and Dime Community recently outlined plans for their CEOs' retirements, while Cullen/Frost made the transition earlier this year. Each transition is anchored in a belief that success hinges on turning day-to-day operations over to a trusted lieutenant.
August 10 - Indiana
Old National Bancorp in Evansville, Ind., has agreed to buy its headquarters building and two other branches from a landlord.
August 10 -
The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act's "good neighbor" policy can continue.
August 10 - New Jersey
Valley National Bancorp in Wayne, N.J., has taken several steps to help it navigate through a difficult interest rate environment.
August 10 -
Small-business owners heard "no" more often in July when seeking loans from big banks after six months of improving prospects.
August 9 -
New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.
August 9 -
PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy trustee told a Miami jury on Tuesday.
August 9 -
Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.
August 9 -
The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.
August 8 - California
Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.
August 8 -
Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.
August 8 - Louisiana
MidSouth Bancorp in Lafayette, La., has named Troy Cloutier, the son of Chief Executive Rusty Cloutier, to run its bank.
August 8






