Community banking
Community banking
- Massachusetts
Eastern Bank in Boston has established a new unit to develop technologies for itself and other banks and has tapped the former leaders of the tech startup PerkStreet to run it.
April 28 -
State Bank Financial (STBZ) in Atlanta has agreed to buy Atlanta Bancorp.
April 28 -
Banking executives are adamant: the branch stays in the picture. Heather Landy reports from Retail Banking 2014.
April 28 -
The most profitable 200 community banks and thrifts as ranked by three-year average ROE.
April 28 -
The deals approval following months of uncertainty represents a significant milestone in the DOJs controversial Operation Choke Point probe.
April 25 -
State regulators in South Carolina closed the $54 million-asset Allendale County Bank late Friday.
April 25 - California
Community West Bancshares (CWBC) in Goleta, Calif., said it will redeem almost half of its outstanding preferred stock issued under the Troubled Asset Relief Program.
April 25 - New York
Drexel Hamilton, a startup broker-dealer making inroads in capital markets, pairs Wall Street pros with disabled military veterans, training the latter for new careers. It's a nice story, but in the ultra-competitive market of small-bank advising, will it sell?
April 25 -
The Federal Deposit Insurance Corp. took action against six lenders and ended orders against 14 firms in the FDIC's latest monthly roundup of enforcement actions.
April 25 -
Community banks that specialize in lending to niche segments, such as professional athletes or energy-services companies, are managing to overcome the sluggish revenue growth at some of their rivals. Rod Taylor, an executive recruiter at Taylor & Co., explains.
April 25 -
Solera National Bancorp (SLRK) is firing back against two investors seeking control of the Lakewood, Colo., company's board.
April 25 -
Veteran bank analyst Terry McEvoy has left Oppenheimer to join Sterne Agee.
April 25 - California
Korean-American banks have been challenged by an aging core customer base, which threatens growth. Hanmi Chief Executive C.G. Kum plans to respond with a national SBA program and plans to court other immigrant communities.
April 25 - New York
Amalgamated Bank in New York has named a president to succeed Ed Grebow, but the union-owned bank is still looking for a permanent chief executive.
April 25 -
S corporation banks are concerned that the capital conservative buffer under Basel III and a potential prohibition from paying tax-distribution dividends to shareholder could cause more of them to slow growth plans or merge.
April 25 - Indiana
United Community Bancorp (UCBA) in Lawrenceburg, Ind., has appointed Elmer McLaughlin as its new chief executive and president.
April 25 - Oregon
People's Bank of Commerce (PBCO) in Medford, Ore., has restated its full-year 2013 and first-quarter earnings to reflect higher profits after correcting its reporting on foreclosed properties.
April 25 - California
Pacific Valley Bank (PVBK) in Salinas, Calif., will restate certain earnings after a review of its loan portfolio caused it to question certain loan classifications.
April 25 - New Jersey
Provident Financial Services (PFS) in Iselin, N.J., reported a dip in quarterly profits because of lower fee income and higher operating costs.
April 25 -
First Financial Holdings (SCBT) in Columbia, S.C., reported a big leap in first-quarter profits thanks largely to double-digit growth in its loan portfolio.
April 25





