Community banking
Community banking
- Washington
Baker Boyer National Bank in Walla Walla, Wash., has tapped president Mark Kajita as its new chief executive.
September 15 -
Chan Patel and Nitin Shah view the hospitality industry not geography as their banks' communities.
September 15 -
Sitting down with American Banker, incoming American Bankers Association CEO Rob Nichols discussed the need for industry unity, banking's convergence with the technology sector and the regulatory relief fight, among other issues.
September 15 -
PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.
September 15 - Missouri
Central Federal Savings & Loan Association of Rolla in Missouri has filed plans to convert from a mutual to a fully stock-owned bank.
September 15 -
The California Department of Business Oversight, which regulates financial services and products, has promoted Debie Abella to head of bank regulation and supervision.
September 15 -
Banks are starting to lay traps for cybercriminals that have broken through their defenses.
September 14 -
BCB Bancorp in Bayonne, N.J., has commenced a public offering of $40 million of its common stock.
September 14 -
Banks are closing branches and relying more heavily on technology to serve customers. Concerns that online and mobile banking don't reach all customers could leave banks open to allegations of discrimination.
September 14 -
Katie Pemble quit on Friday, the $1.7 billion-asset company said in a press release. C1 did not give a reason for Pemble's departure and did not disclose a plan for filling her posts.
September 14 -
Even if the Federal Reserve decides to begin raising rates this September, banks are unlikely to get the boost they've been hoping for. That's because pent-up customer demand for attractive yields may force banks to raise deposit rates more quickly than they have projected.
September 14 -
Federal regulators have cited F.N.B. Corp. in Pittsburgh for violating rules to protect consumers from unwanted, automated text messages.
September 11 -
Loan-to-value ratios in commercial real estate lending have returned to their levels from the bubble days, Moody's says. Loss-rates look good for now, but trouble could be coming.
September 11 -
There were doubts that CommunityOne could survive in 2011, even with the help of private equity and cooperation from regulators. Four years later, the North Carolina company is again profitable and healthy enough to consider acquisitions.
September 11 -
IF Bancorp in Watseka, Ill., has named Linda Hamilton chief operating officer.
September 11 - Georgia
State Bank Financial in Atlanta has reduced its workforce by consolidating several company departments, as it pivots away from failed-bank loss-share agreements and looks to acquire healthy banks.
September 11 -
Glen Burnie Bancorp in Maryland is looking for its next chief executive.
September 11 -
Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining.
September 11 -
Old Point Financial in Hampton, Va., has selected its chairman's son as chief executive of Old Point National Bank of Phoebus.
September 11 -
The FDIC has proposed a plan that would increase premiums for banks that use reciprocal depositsa tool that community development financial institutions rely upon to meet credit demand in low-income communities.
September 11



