Community banking
Community banking
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The $5.8 billion First Financial said in a press release Wednesday that it will pay $1.9 million in cash for 4Trust Mortgage in a deal that should close next month.
April 8 -
The state's banking lobby is opposing a bill that would make it easier for thrifts to hold municipal deposits because the proposal would also let credit unions go after the same business.
April 8 -
Pinnacle Financial Partners in Nashville has agreed to buy CapitalMark Bank & Trust in Chattanooga, Tenn.
April 8 -
M&T Bank still can't get the Fed's blessing to buy Hudson City. The latest delay raises questions about Hudson City's fate and what could be going on internally at the Fed to keep the acquisition in limbo.
April 7 -
CBank in Cincinnati has agreed to buy Commercial Industrial Finance, a St. Louis equipment leasing and finance firm.
April 7 -
First-quarter earnings calls will rev up in the next week. Here are some community banks that could have a lot to say about M&A, compliance and cost cutting.
April 7 - Texas
Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.
April 7 -
Congress should take the interests of small and midsize mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.
April 7 -
Bryn Mawr Bank in Bryn Mawr, Pa., has bought Robert J. McAllister Agency. The $2.2 billion-asset company did not say what it paid for the Philadelphia-area insurance and risk management agency.
April 6 -
A key deadline for anti-fraud card technology is prompting more retailers and banks to take a hard look at mobile payments platforms.
April 6 - Pennsylvania
DNB Financial in Downington, Pa., has formed a business banking services division.
April 6 -
Millennials were rocked by the Great Recession and excessive student loan debt. Now older members of this generation are finally coming into their own which means they're also getting mortgages, opening credit cards and saving for retirement.
April 6 -
Four Oaks Fincorp in North Carolina has a new president.
April 6 -
HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.
April 6 - Oklahoma
BOK Financial in Tulsa, Okla., has named its new chief credit officer.
April 6 -
An "unexpected" regulatory delay has forced M&T Bank in Buffalo, N.Y., and Hudson City Bancorp in Paramus, N.J., to delay their merger for the fourth time.
April 6 - California
San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.
April 2 -
John W. Allison is always on the hunt for non-dilutive deals that will boost his Arkansas company's earnings. That has largely led to deals for Florida banks, but Home just agreed to buy nearly $300 million in nationwide commercial real estate credits and recruited a team to open a loan production office in New York.
April 2 - Pennsylvania
Orrstown Financial Services in Shippensburg, Pa., and its bank have been released from all outstanding enforcement actions.
April 2 - Puerto Rico
OFG Bancorp in San Juan, Puerto Rico, has expanded its ATM network 34% by adding 85 machines throughout the territory.
April 2



