Community banking
Community banking
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Clifford Isroff, the lead director of FirstMerit in Akron, Ohio, died Tuesday after a long illness. He was 79.
July 2 -
The chief executive officers of Fannie Mae and Freddie Mac may see more than a sixfold increase in their compensation to $4 million in spite of objections from President Barack Obama's administration and some lawmakers.
July 1 -
Anchor BanCorp Wisconsin in Madison said it expects to save about $5.4 million yearly after it completed an employee buyout, sold a branch, closed six branches and introduced a new branch staffing model.
July 1 -
Riverview Financial in Harrisburg, Pa., has promoted its president to chief executive after its previous CEO retired, and delayed its planned acquisition of a western Pennsylvania community bank.
July 1 -
BancorpSouth in Tupelo, Miss., has again extended the deadline to complete its acquisitions of Central Community in Temple, Texas, and Ouachita Bancshares in Monroe, La.
July 1 -
Nearly 85% of the acquisitions announced this year have involved sellers with $500 million or less in assets. Investment bankers expect more of the same in the final six months of this year.
July 1 -
Banks looking to improve their sales should follow a simple rule of thumb: the more friendly, casual chats staffers have with current and potential customers, the more business they create.
July 1 -
After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that's likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.
July 1 -
BB&T in Winston-Salem, N.C., has provided five top executives with nearly 3 million reasons to successfully integrate Susquehanna Bancshares in Lititz, Pa.
July 1 -
Citizens Financial in Mansfield, Pa., has agreed to buy First National Bank of Fredericksburg in Pennsylvania.
July 1 - New Jersey
ConnectOne Bancorp in Englewood Cliffs, N.J., has issued $50 million in subordinated debt and intends to exit the Small Business Lending Fund program.
July 1 - Nebraska
Equitable Financial in Grand Island, Neb., said its depositors and stockholders have approved its plan to convert from a mutual thrift to a fully stock-owned company.
June 30 -
WASHINGTON Federal regulators on Tuesday unveiled a much-anticipated tool meant to help institutions assess their own cybersecurity systems.
June 30 -
The agency's Semiannual Risk Perspective pinpointed compliance and operational risk as potential problems for big banks while it outlined a different set of challenges for midsize and community banks.
June 30 -
Nationwide Bank in Columbus, Ohio has created an online car loan service that allows consumers to secure financing and insurance and shop for a car purchase.
June 30 -
The South Dakota company will soon be completely independent from National Australia Bank. The plan for now is to produce consistent results while scouting deals as the bank nears a key regulatory threshold.
June 30 -
California Republic Bancorp in Irvine has securitized and sold $390 million in notes backed by prime automobile loans.
June 30 -
Clearinghouse CDFI in Lake Forest, Calif., has acquired Arizona MultiBank Community Development, a community development financial institution that operates in the Southwestern U.S. and on Native American reservations.
June 30 -
Meta Financial Group in Sioux Falls, S.D., parent of MetaBank and Meta Payment Systems, is raising capital to fuel a future acquisition, and has renewed a significant prepaid card issuing relationship with NetSpend.
June 30 -
Hanmi Financial in Los Angeles has a new look for its retail bank.
June 30



