Community banking
Community banking
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Citizens Financial Group is rebranding its Charter One retail locations, part of the preparations for its spinoff from the Royal Bank of Scotland.
June 30 -
The Financial Stability Oversight Council has manifestly failed to demonstrate that it has any idea how to determine if a financial firm is systemically important, writes AEI fellow Peter Wallison.
June 30 - Arkansas
Bank of the Ozarks recently overhauled how it awards bonuses after a big dip in shareholder approval, showing how much weight some banks place on the nonbinding measures and how proxy-advisors can swing the vote.
June 30 -
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has named William J. Ryan as its new chairman and said that its lead independent director, Lawrence Bossidy, is retiring from its board.
June 30 - Pennsylvania
Bryn Mawr Bank (BMTC) in Pennsylvania will call a special meeting of shareholders to approve a new equity compensation plan after certain stock awards ran afoul of the Nasdaq.
June 30 - Maine
Katahdin Bankshares (KTHN) in Houlton, Maine, has completed a $10 million private placement.
June 27 -
WASHINGTON Regulators on Friday closed Freedom State Bank, in Freedom, Okla., the 12th institution to fail this year.
June 27 - Massachusetts
Needham Bank has too many loans and not enough deposits. Its solution to aggressively add branches runs counter to emerging trends in the banking industry.
June 27 - Pennsylvania
Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.
June 27 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 27 -
United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.
June 27 -
KPMG Corporate Finance has acquired the assets of Denver investment bank St. Charles Capital.
June 26 - Colorado
MidFirst Bank in Oklahoma City said Thursday that it will purchase Steele Street Bank & Trust in Denver, Colo.
June 26 -
Metro Bancorp, once an aspiring acquirer, is fielding complaints from a trio of investment firms that believe management is incapable of meaningfully improving the company's performance.
June 26 -
Midtier banks desperate for earnings growth will have to wait until interest rates rise, a report from Fitch Ratings says.
June 26 - Massachusetts
Westfield Bank is planning to expand its commercial lending presence in western Massachusetts.
June 26 -
Insurance executive Kenneth Shapiro on the new parallels between insurance and banking.
June 26 - Mississippi
BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.
June 26 -
Simmons First National (SFNC) in Pine Bluff, Ark., must sell one branch as part of its acquisition of Delta Trust & Banking in Little Rock, Ark.
June 25 -
A growing number of community banks are adopting bank-owned life insurance as a way to counter shrinking loan margins and diminished returns on other investments. BOLI can also help banks that are trying to meet higher capital requirements.
June 25




