Community banking
Community banking
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The lender's founder and CEO says the acquisition of Roscoe State Bank will give it new products and referral sources.
June 14 -
Chief operating officer Sam Sidhu takes over as president and chief executive on July 1. He has a list of 25 potential markets the Pennsylvania bank might enter, and has already begun hiring commercial bankers in Texas, Florida and Illinois.
June 11 -
Southern Bancorp's CEO said money from Square would help his bank continue serving underserved communities.
June 10 -
Though the community bank has most of its branches in California and is buying a Florida bank, CEO Scott Kavanaugh is eager to pursue targets in the Lone Star State after moving the corporate headquarters to Dallas.
June 10 -
On Mar. 31, 2021. Dollars in thousands.
June 7 -
On Mar. 31, 2021. Dollars in thousands.
June 7 -
The $23.3 billion-asset Simmons would make big market-share gains in Memphis and Nashville with its deals for Triumph Bancshares and Landmark Community Bank.
June 7 -
The Dallas bank's $295 million acquisition of First Florida Integrity would give it its first presence on the East Coast.
June 3 -
Adding Community Bankers Trust would help United fill a key service gap between its branches in Northern Virginia and the Carolinas. It's United’s 33rd M&A deal under CEO Richard Adams.
June 3 -
Rising inflation could lead to a rate hike, bolstering lenders' profits in 2022. Improved credit quality and an economic rebound are also fueling investment in the sector.
June 2 -
Acquiring its local rival would give First Bank a commanding presence in Fayetteville and add to its presence in Raleigh, Charlotte and Wilmington.
June 2 -
Republic Bank in Louisville is the first community bank to launch Mastercard's True Name service, which allows customers to display their chosen name on debit cards.
June 1 -
On Mar. 31, 2021. Dollars in thousands.
June 1 -
On Mar. 31, 2021. Dollars in thousands.
June 1 -
First Midwest Bancorp in Chicago and Old National Bancorp in Evansville, Indiana, agreed to an all-stock merger-of-equals that would create a $45 billion-asset Midwestern regional player.
June 1 -
Nearly a quarter of Black business owners seeking Paycheck Protection Program loans last year applied to fintechs — not far behind the percentage that turned to community banks, according to a New York Fed study. Deepening those new relationships could be a major source of growth for online lenders.
May 27 -
The seemingly expensive acquisition of Aquesta Financial Holdings is the cost of expanding in North Carolina's largest city.
May 27 -
Huntingdon Valley Bank in Pennsylvania and First Savings Bank in Indiana are among the banks extending their relationships with software providers to make small-business lending more efficient after the Paycheck Protection Program is phased out.
May 26 -
The Indiana company is buying 14 branches that Huntington Bancshares is divesting as a condition of its deal to buy TCF Financial.
May 26 -
Cypress Trust in Palm Beach is poised to pull off a rarity: the conversion of a wealth management firm into a community bank. It’s simply another way to take advantage of the ongoing melding of the two financial services sectors, CEO Dana Kilborne says.
May 22
















