Community banking
Community banking
- Pennsylvania
The new breed of branch employee can do it all. Does the rise of the universal banker mean that tellers have finally reached the end of the line?
May 27 - New York
Gold Coast Bank in Islandia, N.Y., announced that Chief Executive Joseph Perri has resigned.
May 23 -
The Ohio Division of Financial Institutions closed Columbia Savings Bank in Cincinnati on Friday.
May 23 -
Niche banks face a challenge when they consider acquisitions: they want to grow without undermining their specialized business models. First Business in Madison, Wis., worked around the problem by searching far and wide till it found a very similar bank in Kansas that wanted to sell.
May 23 -
Community banks that are looking to complete acquisitions are deciding to go public so they have a stronger currency to offer potential sellers. However, recent IPOs have not performed as well as earlier ones.
May 23 - California
FNB Bancorp (FNBG) in South San Francisco is expanding into the East Bay with a deal to acquire Valley Community Bank in Pleasanton.
May 23 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 23 - Wisconsin
First Business Financial Services (FBIZ) of Madison, Wis., said Friday that it is acquiring the parent company of Alterra Bank in Leawood, Kan., for roughly $30.1 million in cash and stock.
May 23 - Illinois
Harvard Illinois Bancorp (HARI) has extended its string of victories against activist investor Joseph Stilwell.
May 22 -
More community banks have begun offering SBA loans nationwide, a smart strategy given improving demand and double-digit premiums in the secondary loan market. Banks moving into far-flung territories have determined that they need highly targeted strategies to be successful as well as methods for minimizing risk.
May 22 - California
David Malone, former CEO of Community Bank in Pasadena, Calif., was appointed to BBCN's board, which expanded to 11 members.
May 22 -
The 2009 law that restricts a range of fees and practices has become the devil you know for the credit card industry.
May 22 - WIB PH
When women reject or reframe career-limiting assumptions, they are able to get ahead at their jobs without sacrificing having a family.
May 22 - California
Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.
May 22 - Indiana
First Savings Bank (FSFG) in Clarksville, Ind., is switching charters as part of a broader plan to expand its commercial banking business.
May 22 -
Banks have tried to change tellers' skill sets without changing the type of people they hire. They need to recruit sales-minded employees and incentivize them with better pay and clearer career paths.
May 22 - Virginia
Hampton Roads Bankshares (HMPR) is launching a marine financing unit for its subsidiary Shore Bank.
May 21 - Massachusetts
Wellesley Bancorp (WEBK) in Wellesley, Mass., has appointed Ralph Letner as chief lending officer and senior vice president of its bank subsidiary.
May 21 -
American Banker's Index of Banking Activity posted its second-highest reading in March, buoyed by renewed consumer demand, better weather and banker optimism.
May 21




