Community banking
Community banking
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Reducing access to funding would harm both homebuyers and communities across the country.
February 24 -
Executives at Wayne Savings Bancshares and Main Street Financial grew progressively more comfortable with the idea of a deal during six months of talks, Wayne Savings CEO James VanSickle says.
February 23 -
The Maryland bank is merging with Linkbancorp in a nearly $168 million deal that would create a $3 billion-asset company. The transaction comes just months after OceanFirst Financial and Partners nixed their merger plan, citing regulatory delays.
February 23 -
Buckeye State Bancshares near Columbus said it would buy cross-state rival Rockhold Bancshares. Only six such deals were announced in January, making it the slowest first month of a year for M&A since the financial crisis.
February 22 -
Priscilla Sims Brown's values and experiences over a long and storied career were a perfect fit with Amalgamated Bank, where she became CEO in 2021.
February 20 -
Brady Torgerson, former president of First Security Bank-West, was sentenced to two years in federal prison after pleading guilty to fraud at two banks.
February 17 -
Banks expect strong global consumption of U.S. oil and gas, driven in part by the supply strain that followed Russia's invasion of Ukraine.
February 16 -
A community bank in Missouri plans to offer fractional stock rewards later this year, while a small bank in Utah is winding down a similar program.
February 15 -
Acquiring First Miami Bancorp would give the Greenville, South Carolina-based buyer three branches and nearly $900 million of deposits in the Southeast's biggest banking market.
February 14 -
In the aftermath of Louisiana's largest bank failure, Ashton Ryan Jr. was convicted on all 46 counts against him. U.S. Attorney Duane Evans called the case a "theft of epic proportions."
February 13