Community banking
Community banking
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A spike in security breaches might make such protection more appealing to customers, even though regulators are taking a closer look at banks that offer such add-on products.
March 17 -
Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.
March 17 -
Warburg Pincus is set to sell its remaining shares of National Penn Bancshares in Allentown, Pa.
March 17 - Ohio
First Defiance Financial in Defiance, Ohio, has completed its exit from the Troubled Asset Relief Program after buying an outstanding warrant from the Treasury Department.
March 17 -
Meta Financial Group in Sioux Falls, N.D., expects to have a strong fiscal second quarter despite a small charge tied to brokered deposits.
March 17 - New Jersey
Kearny Financial in Fairfield, N.J., is moving ahead with its second-step conversion after getting approval from the Federal Reserve Board.
March 16 -
A former chief financial officer at Cooperative Bank in Roslindale, Mass., has filed a whistle-blower lawsuit against the mutual thrift, alleging he was fired after complaining about conflicts and mismanagement.
March 16 -
Westamerica Bancorp. probably expected little trouble when it asked for regulatory permission to close a small branch in northern California. Wrong! Welcome to the world of online petitions and social media.
March 16 -
Frank Hamlin, CEO of Canandaigua National, suggested in a recent letter to shareholders that N.Y. Attorney General Eric Schneiderman's cases against Financial Institutions Inc. and Evans Bancorp were politically motivated.
March 16 -
Tangible book value was considered nearly sacred after the financial crisis. With the economy improving, investors are becoming more tolerant of acquirers diluting tangible book value for accretive deals.
March 16 -
One of the most successful startup banks in a generation is turning over its keys to a California bank. Institutional ownership and the prospect of slower growth may have prompted Square 1 to make the deal.
March 16 - Florida
EverBank Financial in Jacksonville, Fla., has announced the share price of a secondary public offering by two institutional stockholders.
March 16 -
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An expected rush of refinancings of Federal Housing Administration loans could force some mortgage servicers to take writedowns in the first and second quarters, but they have more incentive than ever to keep borrowers in the FHA program instead of letting rivals lure away their customers.
March 13 - Missouri
Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.
March 13 -
Western Alliance Bancorp. relishes niches with thin competition and high rewards. Its deal for Bridge Capital is no different: The seller serves small tech companies that provide high liquidity and ample fee revenue.
March 13 -
Reliance Bancshares is also talking to Tim Hortons about anchoring some of its branches, in hopes that coffee traffic will bring more business into its underutilized offices.
March 13 -
First Bancorp in Puerto Rico revised its fourth-quarter earnings to reflect an adjustment tied to a reversal in its deferred-tax asset.
March 13 -
Glen Rock Savings Bank in Glen Rock, N.J., has agreed to buy Llewellyn-Edison Savings Bank in West Orange, N.J.
March 13 -
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.
March 12





