Community banking
Community banking
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Community Trust in Ruston, La., took the rare step of replacing its hodgepodge legacy core system. The move should cut processing costs in half. In the meantime, the bank's taking a lot of calls from confused customers.
August 10 -
Cascade Bancorp took less than two weeks to integrate its last acquisition, and CEO Terry Zink explains one of the big reasons: officials at the Oregon bank spent months beforehand with an outside firm practicing the conversion.
August 10 -
Ameriana Bancorp in New Castle, Ind., which is being acquired by First Merchants in Muncie, Ind., lowered its second-quarter profit after it discovered the sale required a higher tax payment.
August 10 - Missouri
Byron Thompson, chairman of Country Club Bank in Kansas City, Mo., has died.
August 10 -
Community banks are being crushed by burdensome rules and regulations. Policymakers should recognize their plight and scale back Dodd-Frank.
August 9 -
Cornerstone Bank in York, Neb., has tapped Kris Holoch to succeed her father Kelly Holthus as the bank's chief executive. Holoch previously served as executive vice president and on the board.
August 7 -
Cordia Bancorp found an experienced leader to run its bank, and executive recruiters believe more companies could do the same as they try to train the next generation. One problem: Most retired CEOs seem content to sit on the sidelines after enduring the financial crisis.
August 7 -
The number of banks has fallen just 18% nationwide in the five years since Dodd-Frank became law, far less than the 40% figure cited by Rubio in Thursday night's debate.
August 7 - Florida
BankUnited in Miami Lakes, Fla., has promoted Michael McClanahan to the newly created position of Orlando market president.
August 7 -
Bryn Mawr Bank in Pennsylvania has issued $30 million in subordinated debt.
August 7 -
Heritage Financial in Olympia, Wash., has agreed to an early termination of its Federal Deposit Insurance Corp. loss-share agreements for its purchase of two failed banks in 2010.
August 7 -
BB&T will dismiss most of a 21-person small business lending group who had been employed by Susquehanna Bancshares.
August 6 -
Standard Treasury team joined SVB Financial's information technology team this week to help it expand the bank's digital banking platform.
August 6 -
BankUnited in Miami Lakes, Fla., has added a former New York state judge and a former Florida community bank chief executive to its board.
August 6 -
Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.
August 6 -
Plaza Bank in Irvine, Calif., has hired Kathy Gonzales for the newly created role of director of branch banking.
August 6 -
Blue Valley Ban Corp. in Overland Park, Kan., has obtained regulatory approval to redeem its Troubled Asset Relief program preferred shares.
August 6 -
Executives still have a number of reasons to put off acquisitions, as a dearth of natural targets and regulatory scrutiny still provide enough reasons to be hesitant. As a result, 2015 deal activity is flat compared with a year earlier.
August 6 -
Atlantic Coast Mortgage's Ashley Smith explains why keeping her referral partners happy is the key to her success as a loan officer.
August 6 -
Customers expect mobile banking services but they're not necessarily impressed by them. Bank marketers should instead emphasize their institutions' problem-solving capabilities and skilled professionals.
August 6




