Community banking
Community banking
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Pulaski Financial (PULB) in St. Louis has appointed two executives to lead its mortgage division.
January 6 -
The second half of December is generally a slow period for news, with many people on vacation and businesses and government closed on holidays. Still, banks made a number of significant announcements this holiday season. In many cases the timing of disclosures may have been driven by circumstance - regulators appeared eager to wrap up settlements by yearend.
January 5 - North Carolina
The $2 billion-asset company is moving the headquarters of its mortgage banking and wealth management businesses to the Greater Richmond area, according to a Friday press release.
January 3 - Pennsylvania
Kevin Miller resigned on Friday, effective immediately, the $839 million-asset company said in a regulatory filing.
January 3 - Maryland
Severn Bancorp (SVBI) in Annapolis, Md., will take a $4 million pretax charge in the fourth quarter after selling troubled loans.
January 3 -
State Bank Financial in Atlanta was able to fund an unexpected app for commercial clients because it took a fluid approach to budgeting. Other banks should take note of this approach.
January 3 -
CNB Financial (CCNE) in Clearfield, Pa., plans to sell up to $75 million in preferred and common stock.
January 3 -
Investors Bancorp (ISBC) in Short Hills, N.J., is set to complete its purchase of Gateway Community Financial in Sewell, N.J., next week.
January 3 -
Mackinac Financial (MFNC) in Manistique, Mich., has completed the redemption of stock originally issued to the Treasury Department under the Troubled Asset Relief Program.
January 3 -
J. Thomas May still believes community banks can thrive but executives must find new ways to engage customers, control costs and build scale.
January 3 -
A former chairman of UMB Financial (UMBF) in Kansas City, Mo., died Thursday.
January 3 - New York
Pathfinder Bancorp (PBHC) in Oswego, N.Y., has named longtime director Chris Burritt as its chairman.
January 3 -
A number of CEOs departed this year - voluntarily or otherwise. Some, like William Aichele of Univest, had been with their institutions for decades. Others, including Michael Tierney, had much shorter tenures.
January 3 - Ohio
Forget Times Square and champagne toasts. For the chief executive of American Savings Bank in Portsmouth, Ohio, New Year's Eve was all about courting business.
January 2 -
Regulators are hoping to release an interim final rule next week designed to satisfy banker demands to change a provision of the Volcker Rule that threatens to force smaller institutions to take millions of dollars in write-offs.
January 2 -
Square 1 Bank in Durham, N.C., has bought Sand Hill Finance, a finance company based in the Silicon Valley.
January 2 -
Cecil Bancorp (CECB) in Elkton, Md., plans to deregister its common stock from the OTC Bulletin Board and stop reporting to the Securities and Exchange Commission.
January 2 -
Fred Joseph retired from overseeing banks and securities firms last month. In a wide-ranging interview, he reflected on his career and provided perspective on the future of the banking industry.
January 2 - California
Central Valley Community Bancorp in Fresno, Calif., has redeemed $7 million of preferred stock issued to the Treasury Department under the Small Business Lending Fund.
January 2 -
Bank-focused investment firm Jacobs Asset Management has bought a 5.25% stake in LCNB (LCNB) in Lebanon, Ohio.
January 2




