Community banking
Community banking
- South Carolina
CertusBank has terminated its top executive team, effective immediately, the $1.7 billion-asset bank announced Wednesday.
April 9 -
The Michigan company has pledged $1 million to help people buy homes in the Marygrove College neighborhood. Homeowners can get up to $25,000 and have $5,000 shaved off the balance each year they live there.
April 9 -
If regulators really want banks to invest more heavily in their communities then they should consider giving banks some reward, such as reduced deposit insurance premiums, for achieving a top CRA rating.
April 9 - Illinois
Old Second Bancorp (OSBC) in Aurora, Ill., has raised $59.4 million through a public offering.
April 9 - Indiana
Lakeland Financial (LKFN) in Indiana has a new chief executive.
April 9 -
Late payments by credit card customers are finally rising, while delinquencies on home equity loans are at their lowest level in six years, according to a new report.
April 9 - Colorado
National Bank Holdings (NBHC) in Greenwood Village, Colo., is losing its executive in charge of acquisitions.
April 8 -
The nationwide trade group for community banks is asking the Department of Justice to suspend its push to keep questionable merchants out of the mainstream payments system, arguing it is impacting community banks' competitiveness.
April 8 - Pennsylvania
Banks everywhere are evaluating their odds of survival, which takes capital. Mutuals are at a disadvantage in that regard but are looking to change that through new legislation.
April 8 -
F.N.B. Corp. (FNB) in Hermitage, Pa., has agreed to buy OBA Financial Services (OBAF) in Germantown, Md.
April 8 - Arkansas
A former Arkansas bank executive has been accused of committing fraud in order to conceal losses on a $1.5 million loan.
April 8 -
MainSource Financial (MSFG) in Greensburg, Ind., has agreed to buy MBT Bancorp in West Harrison, Ind.
April 8 -
Wintrust Financial (WTFC) in Rosemont, Ill., has agreed to buy the Pewaukee, Wis., branch of The National Bank.
April 7 -
An big investor in SWS Group (SWS) has objected to the Dallas company's planned sale to Hilltop Holdings (HTH).
April 7 -
Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could purge up to $50 million in assets with help from its newest investor.
April 7 - Georgia
NorthSide Bank in Adairsville, Ga., has hired a new president and chief executive.
April 7 - Colorado
Solera National Bancorp (SLRK) in Lakewood, Colo., says it tried unsuccessfully to resolve a dispute with its biggest shareholder.
April 7 -
C1 Bank in St. Petersburg, Fla., is betting that its new, above-average "living wage" for all full-time employees will help it attract and retain top-notch workers.
April 7 - Alabama
ServisFirst Bancshares in Birmingham, Ala., has filed plans to raise $72 million through in initial public offering.
April 7 - Connecticut
Bankwell Financial (BWFG) in New Canaan, Conn., plans to raise nearly $61 million by selling common and preferred stock.
April 7



