Community banking
Community banking
-
N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.
August 7 -
Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.
August 7 -
The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National.
August 6 -
Bankers at Sonoma Valley Bank were convicted of bank fraud, money laundering and other offenses.
August 6 -
A $52 million-asset African-American-owned bank in South Carolina is hoping its efforts can be expanded to help underbanked consumers nationwide.
August 6 -
BofI has agreed to buy $3 billion of deposits from Nationwide Bank as part of the insurance giant's exit from retail banking. The deal comes three years after BofI bought H&R Block Bank's deposits.
August 3 -
Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.
August 3 -
Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.
August 3 -
The Senate has no reason to stall the nomination of Michelle “Miki” Bowman to fill the central bank’s community banker seat.
August 3 -
Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.
August 2 -
A task force created by the American Bankers Association asserts that applying for a bank charter is too time-consuming and that some de novo rules are too rigid.
August 2 -
The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.
August 1 -
Seven credit unions have asked Michigan's banking regulator for permission to launch a trust company, a move that bankers says oversteps that industry's role of helping people of modest means.
August 1 -
Loan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion. See which of these 65 regionals are the best performers.
August 1 -
Depending on the asset class, about 11%-18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.
July 31 -
Despite continued industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.
July 31 -
Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.
July 31 -
At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.
July 31 -
Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.
July 30 -
Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.
July 30





















