Community banking
Community banking
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The New York bank won $25,000 and two tickets to the big game being held nearby this Sunday because of its charity efforts -- and then donated it all to charity.
January 30 -
Central Pacific Financial (CPF) in Honolulu reported a big decline in fourth-quarter earnings as income from sales of residential mortgage loans and sales of foreclosed assets plunged.
January 30 - Montana
First Interstate BancSystem (FIBK) in Billings, Mont., turned credit-quality improvements into a big increase in earnings last quarter.
January 30 -
Big banks have discovered that mobile banking is their best bet for combating deep consumer distrust and rampant turnover. Small banks can overcome their lock on mobile by playing up the strengths of their existing business model.
January 30 -
United Bankshares (UBSI) in Charleston, W.Va., saw earnings fall as fee income took a dive last quarter.
January 30 -
UConn women's basketball coach Geno Auriemma will remain a spokesman for the Massachusetts bank, which summoned a minor league baseball exec from the bullpen to fill the open board seat.
January 30 -
Private student loans are an asset class that has been a solid performer. There are few better ways to invest in the rebuilding of America than investing in our children and providing the means for a college education.
January 30 -
Prosperity Bancshares (PB) in Houston is rearranging a number of its management posts.
January 30 -
CenterState Banks (CSFL) in Davenport, Fla., has agreed to buy First Southern Bancorp (FSOF) in Boca Raton, Fla.
January 30 -
Community banks are still struggling to regain their financial footing following the drying up of mortgage refinancings. But quarterly results are providing some glimmers of hope. Here are the highs and lows from the nearly 200 community banks that have reported so far.
January 30 -
Banks should devote more attention to big data, cloud computing and other high-tech tools that will help expand revenue and less time on cost cutting and other short-term gains.
January 29 - New York
Astorial Financial (AF) in Lake Success, N.Y., reported higher quarterly profits because of improved credit quality.
January 29 -
Banks that trade over-the-counter have long had concerns their stocks suffer from light trading and visibility. They hope a new exchange will help boost their stocks' liquidity and their buying power for acquisitions.
January 29 -
JPMorgan Chase (JPM) is committing $33 million to encourage community development financial institutions to work together to stimulate economic growth in underserved markets.
January 29 -
Longtime CEO William Cooper tells analysts that he is as optimistic as ever about his company's growth prospects following its reinvention.
January 29 -
Sunrise Bank in Cocoa Beach, Fla., has been freed from an enforcement order from the Federal Reserve Board.
January 29 -
Technology, like mobile banking and credit scoring, has eroded any strategic advantages small banks once held in serving small businesses, industry experts say.
January 29 -
The Westbury, N.Y., bank has sought a large deal to vault well over the $50 billion-asset threshold. But with no transformational deal in sight, it is now willing to pass that asset milestone through a small acquisition or organic growth.
January 29 -
The $17.6 billion-asset company's fourth-quarter earnings fell 36% from a year earlier, to $18.5 million.
January 29 -
Bankers think the regulatory environment is bad already, but it could get worse as regulators crack down harder on rules violators, hold directors and foreign banks to stricter standards and tackle "too big to fail," a top banking lawyer says.
January 29




