Community banking
Community banking
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State Bank’s Evans started off his banking career by offering cold cans of soda to farmers in the field in the hopes of earning their business. Five decades on, he's widely known in banking circles for his prowess in building high-performing community banks and selling them for top dollar.
November 26 -
Michael Daly had been the Boston company's president and CEO since 2002. It did not say why he left.
November 26 -
John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank.
November 26 -
Nexos National Bank would be led by Gordon Baird, a former Citi executive. A former New York banking commissioner is set to join the proposed bank's board.
November 26 -
The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce.
November 26 -
Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.
November 21 -
Bank groups are pushing a variety of proposals to delay the loan-loss rule or soften its impact. The accounting standards board has agreed to review at least one of them — but at a pace that might not be fast enough for lenders.
November 21 -
The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.
November 21 -
Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.
November 21 -
It started with financial literacy classes, but now Chelsea Groton Bank in Connecticut is offering crafts and other so-called lifestyle courses, all in an effort to connect with the public and drive traffic to its branches.
November 20 -
The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.
November 20 -
Larry Helling will take over next spring as CEO of the $4.8 billion-asset QCR Holdings, when Douglas Hultquist retires.
November 20 -
Efforts to create city- or state-owned banks in Los Angeles, Seattle and New Jersey have suffered setbacks of late, but public banking advocates are taking the long view.
November 19 -
Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.
November 19 -
The move allows the Michigan credit union to expand its operations in Illinois and southern Wisconsin.
November 19 -
This is Advia CU's third bank purchase in three years, following deals in Indiana and Wisconsin.
November 19 -
The past month was a busy one for community banks with expansion on the agenda and millions to spend.
November 18 -
As regulators get set to unveil a new capital ratio for community banks, FDIC Chairman Jelena McWilliams said she wants to go even further to simplify the capital regime.
November 16 -
Silvergate is selling the branch to focus more on fintech deposits and specialty lending.
November 16 -
The North Carolina regional bank will gain four locations and $834 million in loans.
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