Community banking
Community banking
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University Bancorp in Michigan says the main goal of its recent debt offering was to raise capital, but it also was designed to comply with Sharia and other religious standards that guard against usury.
April 20 -
Research published in 2014 found that just 18% of U.S. checking account holders pay 91% of all bank overdraft fees.
April 20 -
Emigrant Bank in New York has asked for regulatory approval to double its ownership stake in The Bancorp in Wilmington, Del.
April 20 -
Two St. Louis-area investors have been indicted on charges they defrauded the failed Excel Bank on real estate loans.
April 20 -
Profit declined at Fulton Financial in Lancaster, Pa., in the first quarter, as broad-based loan growth was offset by a drop in noninterest income.
April 19 -
Hancock Holding in Gulfport, Miss., reported a steep drop in quarterly earnings that reflected ongoing energy woes.
April 19 -
Sometimes boards have to police their own, as an insider-trading case involving a Pinnacle Financial director shows. The risks are especially high when banks enter confidential merger talks.
April 19 -
Community Bank in Pasadena, Calif., said Tuesday that it has named Lyle Knight, a former CEO of First Interstate BancSystem in Billings, Mont., to its board.
April 19 -
Middleburg Financial in Middleburg, Va., is facing pressure from its biggest shareholder to find a buyer.
April 19 -
Several small and midsize banks generated large year-over-year loan growth despite a belief by some outsiders that a slowdown was looming. Bankers may have to spend coming months assuring investors that they can keep booking loans while adequately managing risk.
April 19 -
Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.
April 19 - Pennsylvania
Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.
April 19 - California
Summit State Bank in Santa Rosa, Calif., has a new chief executive.
April 19 -
Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?
April 19 -
Porter Bancorp in Louisville, Ky., used part of $5 million it raised in a private placement to become current on interest payments on some debt holdings.
April 18 -
William Penn Bancorp in Levittown, Pa., is facing pressure from an activist to conduct a mutual conversion.
April 18 -
Carver Federal Savings Bank in New York announced a loan program for small businesses on Monday.
April 18 -
Peoples Bancorp in Prairie Du Chien, Wis., has agreed to buy four branches in Wisconsin from FirstMerit.
April 18 -
OneUnited Bank, a minority-owned institution in Boston, will close two branches in California, or about a quarter of its total branch network.
April 18 -
Sequatchie Valley Bancshares in Dunlap, Tenn., has agreed to buy Franklin County United Bancshares in Decherd, Tenn.
April 18




