Community banking
Community banking
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Malvern Federal Savings Bank has hired its chief risk officer from a rival Pennsylvania bank.
August 14 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
August 14 -
Pioneer Bancshares in Dripping Springs, Texas, has struck a deal to merge with FC Holdings, the parent company of First Community Bank in Sugar Land, Texas.
August 13 -
As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.
August 13 - California
Banc of California in Irvine is looking for a new chief financial officer, after Ronald Nicolas announced his resignation.
August 13 -
First NBC Bank Holding in New Orleans has delayed the release of its 10-Q, after it discovered an accounting error.
August 13 -
Long proven popular in countries like the U.K., prize-linked accounts recently became legal for banks to offer in some states in the U.S. Blue Ridge Bank in Virginia is early to the market with a product that gives depositors a chance to win $200 monthly for every $25 they save.
August 13 - Kansas
Argentine Federal Savings in Kansas City, Kan., has named Roger McWherter chief executive.
August 12 - Massachusetts
Enterprise Bancorp in Lowell, Mass., has named James Conway vice chairman and lead director.
August 12 -
Raymond Wilson is leaving the Honolulu bank, and current executives Anna Hu and Denis Isono will assume his duties later this month.
August 12 - New Hampshire
New Hampshire Mutual Bancorp in Concord will promote two executives to the position of president of its bank units after the retirement of Chief Executive Paul Rizzi.
August 12 -
FNBH Bancorp in Michigan has been unable to make an important move without its primary regulator's OK in the six years since its nonperforming assets hit double digits. It's an extreme example of the tension between past problems and future visions that freezes many banks.
August 12 -
Codorus Valley Bancorp in York, Pa., has given Chief Executive Larry Miller the additional title of chairman, after its longtime chair retired.
August 12 - California
Broadway Financial in Los Angeles has named former MUFG Union Bank executive Erin Selleck to its board.
August 12 -
United Bancshares in Columbus Grove, Ohio, said its chief financial officer, Diana Engelhardt, has decided to resign.
August 11 -
Presidio Bank in San Francisco has named Larry Nibbi, a minority owner of the San Francisco Giants, to its board.
August 11 - Washington
First Northwest Bancorp in Port Angeles, Wash., lowered its previously reported results for its recently completed fiscal year because of an accounting error.
August 11 -
The relationship between banks and private equity has been tense at times, but the aid PE firms are supplying to struggling energy firms could limit the losses suffered by lenders.
August 11 -
Shareholders of Lenox National Bank have approved a deal to sell the institution to its western Massachusetts neighbor Adams Community Bank.
August 11 -
A New York law that was invalidated by a federal judge was one of many efforts by big cities to pressure banks into making more investments in local communities after the crisis. Some municipal laws could be more vulnerable to bankers' legal challenges than others.
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