Community banking
Community banking
- Virginia
EagleBank in Bethesda, Md., has hired three former Virginia Commerce Bank executives.
February 27 -
First Republic Bank (FRC) in San Francisco has appointed a new chief operating officer and extended the employment contracts for its chief executive and president.
February 27 -
Oconee Federal Financial Corp. (OFED) in Seneca, S.C., has agreed to buy Stephens Federal Bank in Toccoa, Ga.
February 27 -
Serial bank acquirers might stop to catch their breath some times, but many realize that their next deal is always on the horizon. Three of those banks recently discussed their plans to return to M&A at a conference in Boston.
February 26 -
Following a series of high-profile data breaches, legislators in the nation's largest state are kicking off a debate that has nationwide implications.
February 26 -
The Federal Deposit Insurance Corp.'s fourth-quarter report on industry health showed continued challenges to growth, but the second straight increase in net interest margins is a promising sign for the future.
February 26 -
NASB Financial (NASB) in Grandview, Mo., has been released from a consent order issued by the Office of the Comptroller of the Currency.
February 26 - New York
The Federal Reserve Board has released Metropolitan Bank Holding in New York from a January 2011 enforcement action.
February 26 -
The mortgage market has failed to shift from refinances to purchases as anticipated, according to the Mortgage Bankers Association's latest weekly report on applications.
February 26 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
February 26 -
Customers Bancorp in Wyomissing, Pa., (CUBI) plans to launch a virtual mobile banking platform in the third quarter of this year meant to make banking services more effortless for consumers.
February 26 -
Southern Missouri Bancorp (SMBC) in Poplar Bluff, Mo., has agreed to buy Peoples Banking Company in Nixa, Mo.
February 26 - Maryland
First United (FUNC) in Oakland, Md., has received regulatory approval to catch up on interest payments for certain obligations.
February 26 - North Carolina
The $3.2 billion-asset company said in a press release Tuesday that Michael Mayer had been the chief executive of 1st Financial Services in Hendersonville, N.C.
February 25 -
An unsolicited offer from an unnamed institution prompted Team Capital Bank in Bethlehem, Pa., to explore selling itself.
February 25 -
The Brooklyn company points to the recently announced merger of Rockville and United Financial in the New England, along with other deal, as evidence that similarly sized banks can reach agreement.
February 25 -
Foundation Bancorp (FDNB) in Bellevue, Wash., has been released from an enforcement action issued by the Federal Deposit Insurance Corp. and state regulators.
February 25 -
Several community banks have started offering correspondent banking services, while others are expanding their products. Still, many banks are wary about repeating the mistakes of the past.
February 25 - Virginia
The Federal Reserve Bank of Richmond and the Virginia Bureau of Financial Institutions have terminated their regulatory agreement with Hampton Roads Bankshares (HMPR) in Virginia Beach and its subsidiary the Bank of Hampton Roads.
February 25 - New Jersey
The $3 billion-asset company said in a press release Tuesday that Jack Allison will oversee the bank's banking, mortgage, small business, information technology and retail divisions, along with the operations of investment firm, Sun Financial Services, in a newly created post.
February 25




