Community banking
Community banking
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The Senate Banking Committee's first look at regulatory relief for small institutions provided key insights into how the panel is likely to tackle the topic legislatively this year, suggesting it could be a long and contentious debate.
February 10 -
Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.
February 10 -
Speakers at the American Bankers Association's Conference for Community Bankers made it clear that smaller banks must find ways to embrace new and disruptive ways of doing business to compete the bigger institutions and nonbanks.
February 10 -
Citizens & Northern Corporation in Wellsboro, Pa., has named J. Bradley Scovill its new president and chief executive officer.
February 10 -
Corporate Insight's yearly awards for banks' online services show that financial institutions may have decided to throw all their eggs into the mobile basket to the detriment of their websites -something the firm warns is a mistake.
February 10 -
Bank Mutual Corp. is planning to close seven branches in Wisconsin.
February 10 -
The online loan marketplace Lending Club has formed a partnership with a nationwide network of community bankers.
February 9 -
Wilshire Bancorp in Los Angeles has agreed to buy Manhattan Bancorp's mortgage lending division.
February 9 -
The Puerto Rican bank faces a deadline to raise capital or sell itself. With recapitalization a challenging prospect, here's a look at how other scenarios could play out.
February 9 -
The Pennsylvania Department of Banking and Securities has freed Orrstown Bank in Shippensburg from all enforcement actions related to its recent credit troubles.
February 9 -
It's a mortgage on top of a mortgage, and at least one lender is making these loans again through brokers.
February 9 -
Orange County Business Bank in Irvine, Calif., is facing a proxy battle from a Dallas investment firm.
February 9 -
The $94 billion-asset company said in a press release Monday that it had hired Terry Jenkins as president of Key Private Bank. He is succeeding Tim Swanson, who will remain KeyCorp's chief investment officer.
February 9 - Georgia
Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.
February 9 -
Ohio Valley Financial Group in Henderson, Ky., has merged with BankTrust Financial in Henderson.
February 9 -
Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.
February 9 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
February 6 - New Jersey
Delanco Bancorp in New Jersey began trading on Friday on the OTC Markets Group platform.
February 6 -
Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.
February 6 -
A long decline in loan-loss reserves hit a wall in the fourth quarter, as loan growth forced companies to set more cash aside than in recent quarters. An end to reserve releases, combined with higher costs and lower margins, are putting pressure on bankers to boost revenue.
February 5




