Community banking
Community banking
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HopFed Bancorp (HFBC) in Hopkinsville, Ky., and Sumner Bank & Trust in Gallatin, Tenn., have terminated plans to merge.
August 23 -
EverBank Financial (EVER) has reached a $43 million settlement with the Office of the Comptroller of the Currency in connection with allegations of improper foreclosure practices.
August 23 -
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August 23 -
The Federal Bureau of Investigation is offering a reward of up to $10,000 for help in catching the so-called Loan Ranger Bandit, the agency announced on its website Friday.
August 23 -
The Great Recession allowed banks to gain ground on the finance arms of automakers. Now they're making investments aimed at keeping that edge.
August 23 -
The regional banks face a False Claims Act probe by the departments of Justice and Housing and Urban Development into how they originated FHA-insured loans. Large fines may follow.
August 23 -
Banks and credit unions are squaring off on the social media front over a Depression-era law that exempts credit unions from federal income taxes.
August 23 -
M&T Bank is expected to complete its purchase of Hudson City Bancorp despite unexpected regulatory issues. But an analyst had fun speculating about who might step in as the buyer if that deal collapsed.
August 23 -
The president and chief executive of First Financial Northwest (FFNW) in Renton, Wash., will step down next week.
August 23 - California
Sierra Vista Bank (SVBA) in Folsom, Calif., has hired a new president and chief executive.
August 23 -
The Securities and Exchange Commission has settled charges against a former executive of UCBH Holdings, the parent of the failed United Commercial Bank in San Francisco.
August 22 - Texas
Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy Live Oak Financial Corp. in Dallas.
August 22 -
The Department of Justice has dropped a deferred money-laundering case against the banking unit of Ocean Bankshares in Miami, the company announced Thursday.
August 22 -
Merger negotiations are starting to resemble job interviews as more bankers hope to retain some level of control after begrudgingly selling their institutions.
August 22 -
The Federal Reserve Board has released Fentura Financial in Fenton, Mich., from an enforcement action.
August 22 -
A California man is scheduled for sentencing today by a federal judge for several Los Angeles bank robberies, including at least one in which he used a gun-shaped cigarette lighter.
August 22 -
Market conditions settled down in July after a spike in long-term rates spooked borrowers and bank executives a month earlier.
August 22 -
Regions Financial is sponsoring the college football museum that opens next year in Atlanta, a priority market for Regions.
August 22 -
KeyWorth Bank in Johns Creek, Ga., has agreed to buy a branch from Signature Bank of Georgia in Sandy Springs.
August 22 -
Pulaski Financial in St. Louis has repurchased $6 million worth of its Troubled Asset Relief Program shares following their auctioning last year by the Treasury Department.
August 22





