Community banking
Community banking
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The Small Business Administration has told lawmakers it can reinvigorate its streamlined guarantee program by nearly tripling the maximum loan size. So far, Congress has been mum on the idea.
November 27 -
Many lenders are establishing a firm bottom on variable interest rates amid intense competition for commercial credits, rising deposit costs and the possibility that the Fed could take rates to unprecedented lows.
November 27 -
David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.
November 26 -
More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.
November 25 -
Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?
November 25 -
The company hired two bankers from CIBC to lead the newly formed group.
November 25 -
The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.
November 25 -
Collins Community Credit Union has agreed to buy First Savanna Savings Bank.
November 25 -
George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.
November 24 -
The company also disposed of a large agricultural loan that was nonperforming.
November 22 -
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.
November 22 -
New American Customer Satisfaction Index data shows consumers slightly favored banks, which are benefiting from investments in technology.
November 21 -
Nearly one in four bankers said that the tech giants pose the biggest competitive threat in the long term. But are those fears warranted?
November 21 -
The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.
November 20 -
The once-acquisitive company appears ready to come off the sidelines, but will it be as a buyer or seller?
November 19 -
An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.
November 19 -
Consumer demand for digital financial services will inspire a wave of new partnerships.
November 19 -
United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.
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