Community banking
Community banking
- Ohio
Wayne Savings Bancshares (WAYN) in Wooster, Ohio, is looking for a new chief executive.
March 17 - Ohio
Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial officer.
March 17 -
Investors Bancorp (ISBC) in Short Hills, N.J., could raise more than $2.6 billion as part of a highly anticipated second-step conversion.
March 17 - Georgia
Piedmont Bancorp in Peachtree Corners, Ga., plans to raise $8 million through a private placement of subordinated debt and common stock.
March 17 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., has issued nearly $16 million in subordinated debt to redeem all the preferred stock it issued under the Troubled Asset Relief Program.
March 17 -
American Banker on Friday received the 2014 Jesse Neal Award for Best Website from the Association of Business Information and Media Companies.
March 14 -
Banking activity slowed in January, particularly consumer lending, as cold weather and snowstorms stymied new construction and consumer transactions. Still, bankers maintained an optimistic view of overall business conditions.
March 14 -
Analysts Joseph Fenech and Kevin Fitzsimmons have resigned from the research department at Sandler O'Neill.
March 14 - New York
The Federal Reserve Bank of New York has terminated a regulatory agreement with Intervest Bancshares (IBCA), declaring that the New York City company has satisfied all the provisions of the pact.
March 14 -
Bankers are increasingly spending time and money upgrading technology to cut other costs and meet demand for mobile and online banking. But even as they buy online startups like Simple, or build their own systems, bankers at American Banker's Retail Banking 2014 conference said the feel they cannot stop investing in traditional branches.
March 14 -
You might expect Manolo Sanchez, the CEO of BBVA Compass, to renounce traditional branches since his bank is spending $117 million on the online-only startup Simple. But he joined other senior bank executives in defending the branch as "still relevant."
March 14 -
East River Bank has started using hipper images in its advertising to reflect and connect with its young, urban customer base.
March 13 - California
Community West Bancshares (CWBC) in Goleta, Calif., has been freed from a written agreement with the Federal Reserve Bank of San Francisco.
March 13 -
Three companies control banking in Hawaii, but they acknowledge that their dominant position could be coming to an end as the local economy changes and mainland banks can use online services to more easily compete from a distance.
March 13 -
Those who wanted to greatly expand the power of government over the financial sector, especially to expand the discretionary power of unelected agencies, took full advantage of the opportunity.
March 13 -
A trio of mutual thrifts have filed paperwork to sell a total of $350 million in stock as part of planned conversions to stock companies.
March 13 -
The $3.7 billion-asset company filed a registration form with the Federal Deposit Insurance Corp. on March 10 for an initial public offering.
March 13 -
Hundreds of community bankers gathered in Honolulu last week, trying to reconcile their sense that the economy is back on track with their concerns about costly regulations and unfair competition. The following is an overview of the conflicting messages they shared and heard.
March 13 - Massachusetts
OneUnited Bank in Boston is trying to help people get back on track economically with two new programs.
March 13 -
A movement to jump-start affordable-housing development is gathering momentum in New York and elsewhere, and bankers are concerned that new mandates would cut into their profits on loans for such projects.
March 13






