Community banking
Community banking
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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 -
Delmarva Bancshares in Cambridge, Md., has raised $11 million through a private placement.
January 2 - California
PacWest Bancorp (PACW) in Los Angeles will take a $12 million after-tax charge in the fourth quarter because of stock awards connected to its pending acquisition of CapitalSource (CSE).
January 2 -
The state had a dozen deals last year as foreign investors looked to expand, particularly in the Miami area.
January 2 -
Wilshire Bancorp (WIBC) in Los Angeles announced several changes to its board Tuesday.
January 2 - California
River Valley Community Bank in Yuba City, Calif., has named John M. Jelavich as its new president.
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 -
A former bank director accused of spearheading a massive investment scheme was arrested after a year and a half on the lam.
January 2 -
More bank executivesa lot moresay they're ready to throw in the towel.
January 2 -
CEOs at credit unions get paid more than their bank counterparts, a study shows.
January 2 -
Listen to any bank earnings call these days and odds are that, at some point, executives will discuss how they are addressing the persistent lack of revenue growth by simultaneously cutting expenses and investing in new business lines.
January 2 -
WASHINGTON -- The legal battle over the application of the Volcker Rule is unlikely to be resolved until mid-January.
December 31 - Washington
Northwest Bancorp (NBCT) in Spokane, Wash., has completed its redemption of preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.
December 31





