Community banking
Community banking
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Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.
July 10 -
BB&T's top executives are set to get up to $2.6 million in bonuses if the Susquehanna deal goes well. While viewed as a good way to make sure the deal works out well, some analysts note that M&A already contributes to executive compensation when it boosts earnings per share and return metrics.
July 10 -
Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.
July 10 - Oregon
Pacific Continental in Eugene, Ore., has hired the former chief financial of Tower Financial in Indiana as its new CFO.
July 10 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including ideas about how to improve disclosure requirements and ways to encourage banks and young tech firms to join forces.
July 10 -
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.
July 10 -
Home BancShares in Conway, Ark., has promoted an executive to chief financial officer after Randy Mayor retired.
July 9 -
First Midwest Bank in Itasca, Ill., has hired Michelle Hoskins as an executive vice president and chief of human resources.
July 9 -
The Republican presidential contender is reviewing legislation opposed by banks that would allow payday loan stores to expand into a variety of new products and services.
July 9 - Louisiana
Business First Bancshares in Baton Rouge, La., has promoted two executives to newly created roles.
July 9 - California
Anita Young will be the $1.4 billion-asset First Foundation's director of specialty deposits and target cash management services at niche business clients.
July 9 - Pennsylvania
S&T Bancorp in Indiana, Pa., has promoted Jim Mill to chief information officer. In the newly created position, Mill will oversee the $6 billion-asset company's technology infrastructure and maintain its progress in offering new products.
July 9 -
BankFirst Capital in Columbus, Miss., has agreed to buy Newton County Bancorp. in Newton, Miss.
July 9 -
Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.
July 9 - New York
Chemung Financial in Elmira, N.Y., has promoted Anders Tomson to president and chief operating officer. Tomson had been president of Chemung Financial's Capital Bank, the name the company uses in its Albany County and Saratoga County, N.Y., markets.
July 9 -
The federal government has taken the unusual step of suing a dead bank president's estate for repayment of bailout funds the bank received during the financial crisis.
July 9 -
Mortgage originators willing to help consumers overcome traditional financing hurdles can add more emerging segments of home buyers as clients.
July 8 -
The National Credit Union Administration announced that it has issued a federal charter to ELCA Federal Credit Union, making it the third such new charter for 2015.
July 8 -
Jane G. Watkins, president and chief executive officer of Virginia Credit Union, a $2.7-billion institution based in North Chesterfield, Va., said she plans to retire on March 31, 2016, after serving 33 years in various capacities.
July 7 -
The $1.2 billion-asset National Commerce said in a press release Tuesday that it will pay about $37 million in cash and stock for the $300 million-asset Reunion Bank.
July 7





