Community banking
Community banking
- Minnesota
Riverland Bancorp. in Jordan, Minn., has raised roughly $1.3 million by selling common stock.
June 10 -
Eagle Bancorp (EGBN) in Bethesda, Md., has agreed to buy Virginia Heritage Bank (VGBK) in Tysons Corner, Va.
June 9 -
Signature Bank (SBNY) in New York plans to sell 2.1 million new shares of common stock.
June 9 - Alabama
National Bank of Commerce in Birmingham, Ala., is beefing up in Florida with a deal to buy United Group Banking Company of Florida in Longwood.
June 9 -
First Federal of Northern Michigan Bancorp's agreement to buy Alpena Banking is a lesson in persistence and keeping communication lines open.
June 9 -
A breakdown of M&A announcements in the financial services industry for the week ended May 31.
June 9 -
The multi-bank holding company has historically taken a hyperlocal approach in the suburbs with individually branded banks. As it moves deeper into the heart of Chicago, the company is unifying a dozen branches under its Wintrust brand.
June 9 -
Community banks can still generate solid returns and take on larger competitors. The ones that shutter are those that have failed to modernize and adapt to the changing times.
June 9 -
Financial Services Roundtable CEO Tim Pawlenty discusses the after-effects of Dodd-Frank, the need to find regulatory balance between providing protection and hindering economic activity, concerns over the Johnson-Crapo GSE reform proposal, and more.
June 9 - Puerto Rico
Doral Financial's (DRL) dispute with the Puerto Rican government over a tax refund will be heard on an expedited basis by the territory's courts.
June 9 - Illinois
Wintrust Financial (WTFC) of Rosemont, Ill., is planning to raise capital by issuing subordinated debt.
June 9 -
Shareholders at New York Community Bancorp (NYCB) have rejected the company's compensation packages for top executives.
June 9 -
Payday lenders are raising the stakes in their pushback on Operation Choke Point with a lawsuit against banking regulators, alleging that "back-room pressure of banks" to dissolve longstanding relationships with payday shops and others is unfairly harming the industry.
June 6 - Tennessee
Big banks can afford mega-settlements to solve their woes, but First Horizon National in Tennessee has to fix itself the old-fashioned way: slow cleaning up of its mortgage mess, opportunistic acquisitions, opening loans offices and, oh yes, begging investors for a few more years of patience.
June 6 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 6 -
The $9.7 billion-asset company said in a regulatory filing Wednesday that it could sell the stock from time to time through Credit Suisse Securities.
June 6 -
The $1.6-billion asset company, based in Asheville, N.C., is headed into Virginia for the first time after announcing plans Thursday to open a commercial loan production office in Roanoke.
June 5 -
A former Georgia community banker who was accused of fraud and faked suicide has pleaded guilty to three felony charges for his role in allegedly defrauding a bank and private investors.
June 5 - Puerto Rico
The company claims in a lawsuit against the Puerto Rican government that the territory could lose "a major lender in the Puerto Rico housing market" if it is denied a $230 million tax refund.
June 5



