Community banking
Community banking
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Revisions to banks' duties under the Home Mortgage Disclosure Act are coming soon, and they are meant to "ease the operational and technological burdens" of banks, the head of the Consumer Financial Protection Bureau said.
September 24 -
Saddle River Valley Bank, which was bought last year by Center Bancorp, allegedly failed to adequately monitor transactions with currency exchange houses in Mexico and the Dominican Republic.
September 24 - New Jersey
Valley National Bancorp in Wayne, N.J., is offering to sell up to $125 million of subordinated notes to repay its trust-preferred debt.
September 24 -
First Niagara Financial Group in Buffalo, N.Y., has promoted Tom Faughnan to become senior director of its residential mortgage business.
September 24 - Florida
Jacksonville Bancorp in Florida has raised $1 million through a rights offering.
September 24 -
Ocwen Financial in Atlanta has retired approximately $159 million of debt held by a private-equity backer.
September 24 -
Community bankers may have a long wish list of legislative changes for Congress to consider, but it is unlikely lawmakers will take up a comprehensive bill addressing those issues anytime soon.
September 23 -
Three years after passage of the Dodd-Frank Act, many bankers are still anxious as they wait for some rules to be written and others to be implemented. Yet a new set of regulatory and legislative challenges looms.
September 23 -
Nearly half of all M&A activity since 2011 has been divestitures, according to a new report from Deloitte. The data reflects banks trying to streamline their business in the new operating and regulatory environments.
September 23 -
You would be forgiven in thinking the OCC has been solely preoccupied with JPMorgan Chase in recent days, but the agency has disciplined three other national banks since late August, according to its monthly roundup of enforcement actions.
September 23 -
Banking expert Dennis Jacobe, an economist who held top posts at the U.S. League of Savings and Loan Associations, the Financial Research Institute, and the Gallup Organization, has died. He was 66.
September 23 -
Panelists at American Banker's Regulatory Symposium will discuss a federal proposal addressing how banks should develop risk management policies for their use of social media.
September 23 -
Sandler O'Neill included several new additions to its annual ranking of top-performing small banks and thrifts, suggesting that small lenders are slowly returning to pre-crisis health.
September 23 -
A breakdown of M&A announcements in the financial services industry for the week ended Sept. 21.
September 23 -
City National Bank of Florida in Miami has made two executive changes as its sale to a Chilean bank nears.
September 23 - Oklahoma
Managing the royalties of oil and gas landowners could generate big new fee opportunities for well-positioned banks.
September 23 -
Sterling Financial in Spokane, Wash., has gone ahead with rebranding its California operations as Argent Bank despite its recent merger announcement.
September 23 - Connecticut
Webster Financial in Waterbury, Conn, said Gerald Plush, its president and chief operating officer, will step down at the end of the month.
September 23 - Louisiana
Investar Bank in Baton Rouge, La., is getting ready to go public.
September 23 -
First Republic Bank (FRC) in San Francisco has acquired a minority stake in Nigro Karlin Segal & Feldstein, a Los Angeles business management firm that caters to the stars.
September 23



