Community banking
Community banking
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Three states recently legalized Internet wagering, but so far banks have been reluctant to let gamblers use credit cards to make their bets.
December 24 -
Unregulated entities face a tough road ahead. More banks will align IT risk with enterprise risk management. Banks will place heightened emphasis on their overall risk management vision, and data architecture will emerge as critical competency.
December 24 -
MutualFirst Financial (MFSF) in Muncie, Ind., has exited the Treasury Department's Small Business Lending Fund.
December 24 - West Virginia
First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.
December 24 - Michigan
MBT Financial (MBTF) in Monroe, Mich., is selling $14 million of common stock to two institutional investors and will sell another $6 million of stock through a rights offering.
December 23 -
Parke Bancorp (PKBK) in Sewell, N.J., has raised roughly $20 million in a private placement.
December 23 -
When Tom Curry was first named as comptroller, there were some doubts about whether he was the right pick to address the industry's problems and the agency's battered reputation. Yet during the past year, Curry has reasserted the OCC's role in banking regulation and appears distinctly more comfortable in his role.
December 23 -
WASHINGTON The American Bankers Association plans to challenge the Volcker Rule in court unless regulators immediately suspend portions of the controversial regulation that restrict certain collateralized debt obligations of trust-preferred securities.
December 23 -
Banks that want to expand via M&A will face a special challenge in 2014. The failed-bank market has quieted, but regulatory costs and other factors that are expected to drive open-bank M&A haven't coalesced quite yet, says bank M&A advisor Randy Dennis.
December 23 -
Next year could be a make or break moment for John Taylor, who was hired as CEO of a Kentucky company with one of the largest remaining Tarp balances and massive credit issues.
December 23 -
The Volcker Rule may be finalized, but bankers still face many looming questions about the final shape of the Dodd-Frank financial reform law and other pending financial regulations. American Banker editors discuss what to expect in 2014 from regulators including the Federal Reserve, the Federal Housing Finance Agency and the Consumer Financial Protection Bureau.
December 23 - Pennsylvania
A former president and chief executive of the Pennsylvania Bankers Association has joined the board of DNB Financial (DNBF) in Downingtown, Pa.
December 23 -
CMS Bancorp (CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.
December 23 -
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Investors Bancorp (ISBC) in Short Hills, N.J., plans to issue up to $2.5 billion of stock as part of its conversion from a mutual to a stock holding company.
December 20 -
Pacific Financial (PFLC) in Aberdeen, Wash., has named a new leader for its bank.
December 20 -
Team Capital Bank in Bethlehem, Pa., has done something few startups of the last decade could boast of: it survived the financial crisis and just sold for $122 million.
December 20 -
The Office of the Comptroller of the Currency has taken disciplinary action against the banking software provider Jack Henry & Associates for failing to get a processing center damaged by Hurricane Sandy up and running in a timely manner.
December 20 - South Carolina
Palmetto Bancshares (PLMT) in Greenville, S.C., is combining its chairman and chief executive roles.
December 20 - Virginia
American National Bankshares (AMNB) in Danville, Va., has tapped one of its executives to become chief banking officer.
December 20





