Community banking
Community banking
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MB Financial (MBFI) in Chicago reported a minor dip in quarterly earnings as net interest income fell.
January 16 -
Flagstar Bancorp (FBC) in Troy, Mich., announced Thursday it is laying off approximately 600 employees as part of a cost cutting measure.
January 16 - California
Soo Bong Min, the president and chief executive of BBCN Bank in Los Angeles, has stepped down after less than a year on the job.
January 16 -
PNC Financial Services Group Inc. (PNC) posted fourth-quarter profit that beat analysts' estimates as the lender set aside less money for soured loans.
January 16 - Florida
Coconut Grove Bank in Miami has appointed a new chief financial officer: Samuel Milne, the former CFO of the struggling U.S. Century Bank.
January 15 -
Malvern Bancorp (MLVF) in suburban Philadelphia announced Wednesday the resignation of president and chief executive Ronald Anderson.
January 15 -
Community Bank-Wheaton/Glen Ellyn in Illinois has been released from a cease-and-desist order from the Federal Deposit Insurance Corp. and state regulators.
January 15 -
WASHINGTON Changes in overall loan balances were muted in the last six weeks of 2013, with bankers in some regions reporting minor growth and those in other parts of the country seeing volume remain stagnant, the Federal Reserve Board said Wednesday.
January 15 -
Customers Bancorp and CMS called off their merger and are fighting over whether Customers owes a $1 million breakup fee. Emotions run high in these cases, but bank execs need to learn to avoid such distractions to protect long-term growth strategies, experts warn.
January 15 -
The American Bankers Association announced Wednesday that it will drop its request for emergency relief in pending litigation over the Volcker Rule, but declined to stop the suit entirely.
January 15 -
The company paid out billions to settle mortgage issue, cut jobs and shed a noncore business. Investors hope those moves will position SunTrust for a solid 2014.
January 15 -
RBS Citizens Financial Group in Providence, R.I., has appointed Tony Di lorio, a former chief financial officer for Deutsche Bank, to its board of directors.
January 15 -
President Barack Obama plans to nominate Maria Contreras-Sweet, founder of a Latino-owned community bank in Los Angeles, as the next head of the Small Business Administration, according to multiple news reports.
January 15 -
Fidelity Homestead Savings Bank in New Orleans has acquired regional mortgage lender NOLA Lending.
January 15 - Florida
The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.
January 15 -
With no more lines and far more banks to choose from, I want the one I select to handle my exceptional transactions exceptionally. I want to leave my bank knowing that my visit was and always will be worthwhile.
January 15 -
Great Southern Bancorp (GSBC) in Springfield, Mo., has agreed to buy two branches from Boulevard Bank in Neosho, Mo.
January 15 -
As competition for home loans heats up, lenders are moving further down the credit curve in order to win business.
January 15 - Ohio
The Federal Reserve Bank of Cleveland has freed United Community Financial (UCFC) from a six-month-old enforcement action.
January 14 -
Washington Federal (WAFD) in Seattle reported substantial deposit runoff tied to its purchase of 51 Bank of America (BAC) branches.
January 14




