Community banking
Community banking
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The banking regulators will remain open in the event of a government shutdown, but the ongoing fiscal battle in Congress could still have significant implications for the financial services industry.
September 30 -
The state has reached a settlement with five payday lenders under which they would be prevented from collecting on certain loans and pay restitution to customers, Eric Schneiderman's office announced Monday.
September 30 - Colorado
Solera National Bancorp in Lakewood, Colo., has ended a months-long search for a new leader.
September 30 - Oklahoma
The Federal Deposit Insurance Corp. took action against three banks in August and released one bank from a consent order.
September 30 -
The threat of Basel III-related dividend restrictions could make it harder for the more than 2,000 banks with S corporation tax status to attract investors. S Corp banks were already on the decline.
September 30 - North Carolina
CommunityOne Bancorp in Charlotte, N.C., has been freed from the threat of prosecution for allegedly ignoring a $40 million Ponzi scheme run by a customer.
September 30 - California
The chairman of City National Corp. in Los Angeles is passing the role to his son.
September 30 -
Bridge Bancorp in Bridgehampton, N.Y., has agreed to buy FNBNY Bancorp in Merrick, N.Y.
September 30 -
Lewis Jones, Kenneth Knuckles and Colvin Grannum will join Carver's board on Tuesday, the $634 million-asset company said in a press release Friday.
September 27 - Connecticut
Cynthia Merkle has joined the $2.5 billion-asset mutual as executive vice president and COO, it announced Friday.
September 27 -
Mooney is joining AT&Ts (NYSE:T) board of directors, the telecommunications company announced Friday. She will sit on the corporate development and finance committee.
September 27 -
The $840 million-asset company will take a third-quarter charge of about $10 million on the sale of the loans, which have a book value of $33 million, it said.
September 27 -
The third quarter was marked by fewer but bigger deals. Higher prices could keep volume in check as sellers hold out for more. The fiscal showdown in Washington and related market swings could also complicate the balance of the year.
September 27 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
September 27 -
Anchor BanCorp Wisconsin in Madison has completed a $175 million recapitalization. With funding from private and institutional investors, the company has capital levels above the threshold regulators consider for being well-capitalized.
September 27 -
Lenders should be on the lookout for an increase in mortgage applicants who lie about their incomes, according a new quarterly report from CoreLogic.
September 27 - Georgia
Several institutions in one of the nation's hardest-hit banking markets have shed enforcement actions, or have hired new leaders, as they attempt to stage comebacks.
September 27 -
A Treasury Department program that supplies credit to small businesses spurred $1.9 billion in loans and created or saved 53,000 jobs in its first 18 months of operation, the department says.
September 27 -
The Federal Housing Administration is asking for a $1.7 billion draw from the U.S. Treasury for the end of the fiscal year, up from an earlier estimate in President Obama's April budget.
September 27 -
Expand by acquisition or through organic market penetration. The most successful banks will include both strategies in their future plans.
September 27





