Community banking
Community banking
-
First Security Bank of Malta in Montana has been freed from a prompt corrective action issued by the Federal Reserve Board.
February 14 -
Banks are preaching the importance of getting low-cost deposits on their books now, ahead of new Basel liquidity rules, and the impending rise of interest rates.
February 14 -
These deals are hard to put together but are well worth it -- if management teams can get through the problems of working together. Sterne Agee's Michael Barry and Daryle DiLascia explain.
February 14 -
Baltimore County Savings Bank's 16 branches will officially open next week as branches of First National Bank of Hermitage, Pa.
February 14 -
Buyers used to win banks in pricey, unpredictable auctions. Now they have to be friendly masters of the negotiating table.
February 14 -
The California company ended three years of loan runoff after expanding into San Diego and adding managers for its agribusiness, construction and mortgage operations. What it would really like to do next is find the perfect acquisition.
February 14 -
Community banks are facing mounting competition from bigger companies, regulators and consulting firms as they try to staff up in their compliance departments. American Banker editors discuss how small banks can compete for the best compliance personnel and what they should be looking for in potential new hires.
February 14 - Florida
Bond Street Holdings in Weston, Fla., plans to close four of the 25 branches it acquired from Great Florida Bank in Miami Lakes.
February 14 -
The former bank analyst is striking out on his own after shutting down an investment firm he co-founded with banker Vernon Hill.
February 14 -
There are plenty of reasons why small banks may be reluctant to amp up their social media presence. But this week's bad weather illustrates how these platforms can provide a real value-add.
February 13 - Washington
Douglas Biddle has succeeded Denise Portmann as CFO at Bank of the Pacific, the $705 million-asset company said in a press release Thursday.
February 13 -
First Trust in New Orleans has been freed from a written agreement with the Federal Reserve Board.
February 13 -
North Shore Bank in Peabody, Mass., has agreed to merge with Saugusbank in Saugus, Mass.
February 13 -
Peoples Financial Services in Scranton, Pa., reported a fourth-quarter loss tied to its merger with Penseco Financial Services. The $1.7 billion-asset company lost $2.8 million in the quarter, compared to Penseco's $2.7 million in profit a year earlier.
February 13 - Ohio
United Bancorp in Martins Ferry, Ohio, said its chief executive is stepping aside and that his son will take over day-to-day management.
February 13 -
West Virginia's City Holding is content to have loan officers drive several hours to pursue lending opportunities rather than relying on aggressive M&A. Part of the approach is tied to lessons learned from a risky strategy that blew up on a previous management team in the 1990s.
February 13 -
The Credit Union National Association was recognized for its #Don'tTaxTuesday campaign, which asked supporters to tweet messages at lawmakers to protect credit unions' tax-exempt status.
February 13 -
Retail and financial services trade groups have launched a new partnership aimed at improving cybersecurity across both industries.
February 13 -
A majority of U.S. banks plan to add staff this year even as they contend with increased compliance and health care costs, according to an industry survey.
February 13 -
The American Bankers Association has decided to drop its lawsuit against the final Volcker Rule, saying regulators have already addressed some of the potential damage from the regulation.
February 12




