Community banking
Community banking
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The acquisition of Malvern Bancorp in Pennsylvania would provide added heft in suburban Philadelphia markets. It is easily First Bank's largest-ever M&A deal.
December 14 -
Remote deposit capabilities have vastly improved banking services for residents of villages in western Alaska. But unreliable service means some face difficulties when trying to access their banking apps or make payments.
December 13 -
Micron's planned semiconductor chip factory near Syracuse along with IBM's expansion project in the Hudson Valley could inject as much as $120 billion into markets inside the footprint of the combined NBT Bancorp and Salisbury Bancorp. NBT CEO John Watt calls the economic investments a "transformational opportunity" for the region.
December 13 -
The institution's Impressia Bank will be dedicated to the professional and financial advancement of women business owners and entrepreneurs.
December 13 -
The West Virginia-based Summit would gain 10 branches in Maryland and Delaware through its $54 million agreement to buy PSB Holding Corp.
December 12 -
The agency is needlessly raising banks' costs at a time of severe economic uncertainty.
December 12 -
Kearny Financial is partially restructuring its balance sheet in response to a problem that many banks are facing. The bank's actions should result in a sizeable income boost once they're fully phased in, an analyst said.
December 9 -
In a tight job market, banks are exploring new ways to find the employees they need.
December 8 -
The bank looked within its own ranks to find its next chief credit officer and to fill the newly created chief banking officer position. It continues a search for its next finance chief following a spate of departures.
December 7 -
The New York bank's agreement to pay $204 million in stock for Salisbury Bancorp moves NBT into complementary markets in Connecticut and Massachusetts while boosting an already substantial wealth management operation.
December 5