Community banking
Community banking
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Valley National in Wayne, N.J., will use proceeds from a branch sale in New York City to offset costs tied to prepaying debt.
December 29 -
Michael Scudder stands to get a full year of benefits from three recently completed deals. The big question, however, is whether First Midwest will pursue a transformative deal to cross over $10 billion in assets and offset a heightened regulatory burden.
December 29 - Virginia
MainStreet Bank in Fairfax, Va., has raised nearly $13 million by issuing common stock.
December 29 -
LCNB Corp. in Lebanon, Ohio, has agreed to buy BNB Bancorp in Brookville, Ohio.
December 29 -
Banks have waited eagerly for years for interest rates to rise. Higher rates should lead to better profits for those banks that are well positioned. Others that got impatient and reached for yield with risky investments could be in a world of hurt.
December 26 -
Faster lending, mobile app enhancements and seamless channel hopping are all priorities top bank tech executives have for the new year.
December 26 - New York
Jack Kopnisky of Sterling Bancorp in New York, which completed a major acquisition last year and has another in the works, is close to reaching his goal of creating a top earner. That effort, and the risks associated with it, make Kopnisky one of American Bankers five community bankers to watch in 2015.
December 26 -
With Federal Deposit Insurance Corp. reserves erasing crisis-era losses, the agency is staring down a critical decision on how to implement a congressionally required increase in the insurance fund.
December 26 - California
Investors who backed Broadway Financial's 2013 recapitalization are cashing out.
December 24 -
On at least three occasions, Michael Daly flexed his bargaining muscles in discussions with Hampden Bancorp. His tenacity led to a privately negotiated deal, a reduced exchange ratio and an amended employment agreement with Hampden's chief lending officer.
December 24 - Minnesota
A judge has named Deerwood Bank winner of the bankruptcy auction for American Bank of St. Paul, in the first test of involuntary bankruptcy as a means of resolving trust-preferred debt.
December 24 -
John Poelker joined a bank in crisis when he agreed to lead Certus in April. His efforts to turn around a crisis-riddled South Carolina company make him one of American Banker's 2015 community bankers to watch.
December 24 -
Andrew Samuel left Susquehanna Bancshares, where he was in line to become CEO, to run the tiny Sunshine Bancorp in Florida. While Susquehanna recently agreed to sell itself to BB&T, Samuel has been working furiously to hire and expand at his new employer.
December 24 -
Mutual conversions soared this year as mutual thrift executives sought to raise capital at the behest of investment bankers and others. With many of the biggest mutuals having converted this year, there may be a drop-off in conversions in 2015.
December 24 - Wisconsin
Westbury Bancorp in West Bend, Wis., named a new president for the company and its bank subsidiary.
December 24 -
It isn't just payday lenders and money-services firms that are being ditched by banks lately. Community banks are getting cut off too.
December 24 - New York
The subsidiary of Chemung Financial in Elmira, N.Y., has sold its equity securities portfolio.
December 24 -
Dan Rollins' ability to have a BSA-related consent order removed and get two acquisitions back on track could embolden more big community banks to pursue deals next year.
December 23 -
A federal bankruptcy court has approved the sale of PNA Bank in Chicago.
December 23 -
Fairmount Bancorp in Baltimore seems poised to face a proxy battle next year from activist investor Joseph Stilwell.
December 23



