Community banking
Community banking
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The Pennsylvania company gained $67 million in assets under management as part of the acquisition.
November 12 - Banking brands
The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.
November 12 -
Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process.
November 11 -
Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.
November 11 -
Community bank leaders at an ABA-hosted meeting questioned the timing for a new accounting standard for loan losses and discussed their struggles to keep pace with new technology.
November 11 -
Most consumers, even those in rural communities, have become accustomed to digital services. That's something certain community banks better face up to, panelists at the ABA conference said.
November 10 -
Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.
November 8 -
The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009.
November 7 -
Washington Trust warned that it could lose $3 million in annual revenue after two top advisers left to join a brokerage firm. Other banks are facing similar hits.
November 7 -
A new partnership will let some community banks and credit unions roll out robo-advice platforms without a significant investment of their own.
November 7 -
Clear communication is critical when banks undergo a leadership or operational change.
November 7 -
More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.
November 7 -
While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer.
November 6 -
The FDIC ordered the Seattle bank to pay a nearly $1.4 million fine tied to improper agreements with real estate brokers and homebuilders.
November 6 -
The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management.
November 6 -
Recent closings could portend a stiffer regulatory stance on capital adequacy and risk.
November 5 -
A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.
November 5 -
Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.
November 4 -
The California company agreed to pay $14 million in cash for a bank with $131 million in assets.
November 4 -
First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.
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