Community banking
Community banking
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The moves are part of an ongoing effort by the Seattle bank to largely exit mortgage lending.
April 8 -
The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role.
April 8 -
The Tennessee company has set up a $3.5 million reserve associated with the unnamed borrower.
April 8 -
Community banks are relying more on analytics, incentives and business partnerships in hopes of stemming an outflow of deposit relationships.
April 5 -
The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia.
April 4 -
The company plans to use the new capital to pursue growth opportunities.
April 4 -
Alliance Bank Central Texas may have found a way around National Credit Union Administration regulations that make it difficult for banks to buy credit unions.
April 4 -
The Montana company agreed to buy Heritage Bancorp for $241 million.
April 4 -
The first quarter proved sluggish for overall merger activity. Here are notable deals announced in March.
April 3 -
Bonnie Lee will succeed C.G. Kum, who is retiring as CEO next month.
April 3 -
Lenders argue that the move is premature, citing record-low charge-offs in the agency's 7(a) program.
April 3 -
The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.
April 2 -
The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.
April 2 -
New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen.
April 2 -
Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.
April 2 -
The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.
April 1 -
Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.
April 1 -
On Dec. 31, 2018. Dollars in thousands, except for average loan amount.
April 1 -
The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.
April 1 -
The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.
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