Community banking
Community banking
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The Mississippi bank would take a big hit to capital and income but avoid the risk of a bigger payout from a guilty verdict in litigation against banks that did business with Allen Stanford's disgraced financial empire.
January 3 -
In this month's roundup of American Banker's favorite stories: a deep-dive into how 2022 accelerated the decline of overdraft fees, Zelle's plan for addressing fraudulent transactions, the National Credit Union Administration opens the doors for fintech and credit union partnerships for lending and more.
December 30 -
Every issue of the magazine provides great features, opinion pieces and more about the issues keeping industry leaders up at night. Here is a look at some of the most exemplary coverage from the past 12 months.
December 30 -
Northeast Bank in Portland is putting capital earned from the Paycheck Protection Program to use, purchasing $1.1 billion of loans and launching a small-dollar Small Business Administration lending program.
December 30 -
Lenders are bracing for possible setbacks in small business, office and hospitality lending. Consumer credit challenges may follow.
December 29 -
The New Canaan Bank would have been the state's first de novo in more than a decade.
December 28 -
The Amesbury-based bank reported solid growth and profitability throughout Dave Mansfield's 9-year tenure. The decision followed news of losses tied to the bank's move into digital-asset lending, though the bank has yet to file a 10-Q for the third quarter.
December 27 -
Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.
December 27 -
The $23 million deal, announced more than a year ago, was terminated following regulatory delays.
December 23 -
The bank hired Thomas Geisel to take over as president and chief executive, effective immediately. He succeeds Harry Madonna, who had been interim leader after the ouster of Vernon Hill.
December 22