Community banking
Community banking
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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 -
Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.
May 21 - Maine
The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.
May 21




