Community banking
Community banking
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The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown.
September 20 -
Every month, from January to April of this year, there were roughly 3.2 billion attacks perpetrated by malicious code that infiltrated business' networks. Representatives of smaller financial institutions disputed the notion that they are one of the weak links in the chain.
September 20 -
Edward Doherty is set to succeed Janice Houghton when she retires in November.
September 19 -
Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010.
September 19 -
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.
September 18 -
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight.
September 18 -
Shelley Siefert will also become the bank's president in May.
September 18 -
Organizers of Watermark Bank aim to open early next year.
September 18 -
The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.
September 17 -
Olson ran a bank founded by his father in his hometown of Fergus Falls, Minn., before a long career in Washington.
September 14 -
As the Cincinnati bank seeks to regroup after the fatal shootings at its headquarters, the incident underscores the need for preparedness at banks and credit unions of all sizes, workplace safety experts say.
September 14 -
First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark.
September 14 -
Small banks and credit unions are searching for a high-tech edge over big-name financial institutions, and Amy Gililland at the technology firm Kasasa says it’s a goal that is within sight.
September 14 -
Policymakers are right to re-examine the industry’s exemption and the unfair competitive advantage it provides.
September 14 -
The Delaware company said it recouped nearly two-thirds of the costs it incurred as part of a legal settlement reached earlier this year.
September 13 -
The Credit Union National Association believes the NCUA has not moved quickly enough to grant an 18-month exam cycle to credit unions with $3 billion or less in assets.
September 13 -
Credit union trade groups are calling on the National Credit Union Association to raise the asset threshold for CUs eligible for an 18-month exam cycle, bringing them in line with community banks.
September 13 -
Cape Cod Five Cents Savings Bank has transformed its summer intern program so that it is more structured and attracts students who could see themselves staying in the industry.
September 13 -
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.
September 13 -
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.
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