Community banking
Community banking
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Acquiring Huron Valley Bancorp will expand Bank of Ann Arbor's footprint in suburban Oakland County and give it a toehold in a part of that market it's been eyeing.
October 5 -
The conservative-aligned bank still plans to go public, but will do so in a way that bypasses the need for the Federal Reserve's approval. Old Glory's CEO said the Fed failed to approve its recent application because the bank is "pro-crypto."
October 5 -
Former bank CEOs David Provost and Chip Reeves assumed control of Parkway Bank on Thursday. They plan to use the $3.7 billion-asset bank as a springboard for organic growth and potential M&A throughout the Midwest.
October 5 -
Peoples Bancorp, which has been hovering just below a key regulatory threshold, plans to get to $14 billion of assets with its planned acquisition of Maryland-based Capital Bancorp.
September 30 -
An FDIC plan to help community banks evaluate potential fintech partners is valuable, as far as it goes. But it cannot account for the unique and specific risks that arise when two companies operate in partnership.
September 29 -
There are several options for smaller banks, including working with an agent bank, according to payment experts.
September 28 -
The sixth bank failure this year shows that even as the industry overall is very profitable, there are pressures on a lot of banks that aren't the biggest.
September 28 -
The Republican-led bank, which touts itself as "pro-America," has struggled to turn a profit. The Federal Deposit Insurance Corp. said Old Glory failed to respond to a prior warning about capital deficiencies.
September 25 -
While bankers generally seem to support a draft rule that would make larger companies eligible for SBA loans, smaller firms and Democratic lawmakers have panned the proposal.
September 24 -
WestStar Bank of El Paso is acquiring Albuquerque's Southwest Capital Bank, bringing it six new branches in New Mexico.
September 23 -
The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
September 22 -
BCB Bancorp says red ink may top $130 million in the third quarter, as its new CEO moves to address credit-quality issues.
September 21 -
The Boston-based bank, created last year through a merger of equals, appointed Sean Gray as its next CEO. Gray's predecessor informed the company last week of his plans to retire.
September 21 -
Citadel Credit Union recently closed a $50 million loan on a Philadelphia office tower. It's part of a trend, as credit unions build their commercial real estate lending businesses.
September 18 -
1st Summit Bank in Johnstown, Pennsylvania, is offering high school graduates not just free training, but a seven-year employment guarantee. It's an approach that some experts think could catch on.
September 18 -
State agencies supervise about 79% of U.S. banks. Their umbrella group just published the questions, documents and risk tiers examiners may use.
September 16 -
Small banks are uniquely vulnerable to local climate disasters, from floods to wildfires to tornadoes. Supervisors should be playing a more active role in helping them identify, measure and manage their risk.
September 16 -
Seven of eight offices are open; debit cards are capped at $1,000 a day; and the bank's website is down. The bank has given no restoration date.
September 15 -
Nola Bank is the seventh new institution to open in 2026, with another two set to start in the next few months.
September 15 -
Parties trying to restrict stablecoin rewards have been relying on a trio of false claims that, despite public debunking, continue to be spread. At some point, the repetition of fake talking points begins to look purposeful.
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