Community banking
Community banking
-
Heartland Financial in Dubuque, Iowa, has hired a chief financial officer.
August 28 -
The investor group that plans to recapitalize U.S. Century Bank in Doral, Fla., has reportedly revised its offer to give a larger stake to preexisting shareholders.
August 28 -
Security California Bancorp in Riverside is working with a venture-capital firm to fund high-tech businesses.
August 28 -
First Citizens Bancshares in Raleigh, N.C., has agreed to buy 1st Financial Services in Hendersonville, N.C.
August 28 -
A New Jersey credit union has agreed to accept accounts transferred from a trading exchange that handles Bitcoin and other virtual currencies. The move, apparently aimed at attracting business from investors and financial institutions that trade in the alternative forms of tender, could provide them with a much needed level of legitimacy. Staff reporters discuss.
August 27 - Ohio
First Financial Bancorp (FFBC) in Cincinnati has retooled the management structure of its bank.
August 27 -
Shon Hopwood has taken an unusual path: from bank heists to prison to law school and now a prestigious federal clerkship.
August 27 -
The surge of institutional money into banking stocks is likely to continue for at least another quarter, according to Keefe, Bruyette & Woods.
August 27 -
An executive at Calvert Financial in Ashland, Mo., has admitted to using funds from the Troubled Asset Relief Program to buy a luxury condominium.
August 27 - Florida
Banesco USA in Coral Gables, Fla., has named an interim president and chief executive to replace Rafael Saldaña, who left Friday.
August 27 -
The Immigration Bridge Loan Fund aims to help skilled immigrants who are unable to practice the jobs they held in their home countries without additional training in the U.S., the bank said Tuesday.
August 27 -
Independence Federal Savings Bank (IFSB) in Washington, D.C., is taking a second shot at buying Colombo Bancshares in Rockville, Md., three years after the companies called off plans to merge.
August 27 -
Small-business credit conditions continued to improve in the second quarter, thanks to gains in personal income, retail sales and employment, according to a Experian/Moody's Analytics Small Business Credit Index report released on Tuesday.
August 27 -
Why a community bank has committed $500,000 to fledgling tech companies and plans to do more.
August 27 -
Community banks brace for limited selection, but embrace one-stop shopping, as consolidation takes place among IT firms.
August 27 -
The complexion of bank M&A has changed, say investment bankers at St. Charles Capital in Denver: buyers and sellers are healthier, both sides are closer together on valuations and more buyers are approaching targets directly in lieu of bidding wars.
August 27 -
Webster Financial in Waterbury, Conn., has promoted one of its executives to run its personal bank operations.
August 27 -
Hamilton State Bancshares in Hoschton, Ga., has agreed to buy Cherokee Banking in Canton, Ga.
August 27 - Connecticut
SBT said Monday that Richard Sudol will succeed Anthony Bisceglio, who is retiring from the $382 million-asset company.
August 26 - Arkansas
The longtime chief operating officer at Bank of the Ozarks (OZRK) in Little Rock, Ark., is retiring.
August 26




