Community banking
Community banking
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Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business.
July 21 -
Strong commercial loan growth drove an 8% year-over-year increase in Private Bancorp's second-quarter profit.
July 21 -
F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.
July 21 -
In an acknowledgement that many U.S. small businesses cannot qualify for a bank loan, a federal agency that assists minority-owned firms is now partnering with a pair of online lenders.
July 20 - Mississippi
Hancock Holding in Gulfport, Miss., got a breather from oil issues that have plagued its bottom line in recent quarters.
July 20 -
BancorpSouth in Tupelo, Miss., reported weaker quarterly profit after boosting its loan-loss provision and recording lower fee income.
July 20 -
Donald Trump's decision to embrace the reinstatement of the Glass-Steagall Act is part of an effort to cast him as the champion of community banks, according to his top advisers.
July 20 - Washington
Executives at several minority-owned community banks nationwide, including OneUnited Bank in Boston and Carver Federal Savings Bank in New York, say they have received a windfall of deposits in recent weeks, coinciding with the introduction of the Black Money Matters Project.
July 20 - Texas
The recent rise in oil prices and a surge in loan demand helped Texas Capital Bancshares in Dallas bounce back in the second quarter.
July 20 -
Arbor Bancorp in Ann Arbor, Mich., has agreed to buy Birmingham Bloomfield Bancshares in Michigan.
July 20 -
Amalgamated Bank and Banco Popular, financial institutions with niche appeal, are rolling out national online platforms, calling into question what it means to be a community bank today.
July 20 -
Confusion among bankers on what real-time ACH payments are and how the transactions are processed is a major barrier to adoption in the U.S. Here's what banks need to know.
July 20 -
Profit improved at both BBCN Bancorp and Wilshire Bancorp in the second quarter, about two weeks ahead of the closing date for the Los Angeles companies' merger.
July 19 -
Mercantile Bank Corp. in Grand Rapids, Mich., announced Tuesday that Michael Price plans to retire as president and chief executive at the end of the year after a decade at the helm of the company.
July 19 -
Congress appears to have reached an overwhelming consensus of support for small bank carve-outs with 70% of the Senate called for the CFPB to exempt credit unions and community banks from certain regulations. Whether signing a letter of support will make a difference in the debate is unclear.
July 19 -
H. Rodgin Cohen has just about seen it all over his decades of work advising bankers. The well-known lawyer looks at existing issues for banks while reflecting on past mergers that paid off for their participants.
July 19 -
Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electrics sale to an out-of-state energy company.
July 19 -
Some banks are looking to reenter small-dollar consumer lending now that a recent CFPB proposal has given them greater regulatory clarity. But they may need help from technology companies to make a very labor-intensive business more profitable.
July 18 -
Sam Cook, who served in various roles at Central Trust Bank in Jefferson City, Mo., since the Truman administration, has died.
July 18 -
The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.
July 18




