Community banking
Community banking
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The long-anticipated collapse in mortgage applications, finally a reality, stands to take a bite out of bank earnings in the second quarter and beyond.
July 10 -
For years banks treated certificates of deposit almost as an afterthought. But with loan demand expected to pick up with the economy, some are eyeing ways to lock investors into longer-term CDs now before rates inevitably rise.
July 9 - Missouri
UMB Financial in Kansas City, Mo., is planning to open its first branch in Texas, according to a report.
July 9 -
Roberto Herencia, a veteran of bank recapitalizations, drew on tough lessons of the past to guide BXM Holdings' challenging recapitalization of Metropolitan Bank Group in Chicago.
July 9 -
The Federal Reserve Board has lifted regulatory actions against Huntington Bancshares in Texas and Buckeye Bancshares in Ohio.
July 9 -
First Financial Northwest (FFNW) in Renton, Wash., has created a new position by hiring a chief operating officer for its bank.
July 9 -
Wealth management advisors must strike a balance between recognizing investment differences between men and women and avoiding stereotypes when courting female prospects.
July 9 -
Columbia Banking System's chief operating officer and executive vice president Mark Nelson will retire on Sept. 30.
July 9 -
CIB Marine Bancshares (CIBH) in Waukesha, Wis., has agreed to buy Avenue Mortgage in Naperville, Ill., CIB announced Monday. Financial terms of the sale were not disclosed.
July 9 -
AmericanWest Bank in Spokane, Wash., has agreed to sell five Pacific Northwest branches in separate transactions.
July 9 -
Consumer credit is showing signs of strength as Americans seek to shrug off the effects of the financial crisis, according to two sets of data released Monday.
July 9 -
Nasdaq has granted Broadway Financial (BYFC) in Los Angeles a six-month reprieve to raise its share price.
July 8 - Massachusetts
First Interstate BancSystem (FIBK) in Billings, Mont., has named Kevin Riley its next chief financial officer. Riley is leaving Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., where he has been CFO since 2007.
July 8 -
Eastwood plans to acquire the Austin, Minn., branches of QCR's Community National Bank along with $30.8 million in loans and $36.8 million in deposits, the companies announced Monday.
July 8 -
The $442 million-asset company began raising the capital on June 21; the campaign closed on Friday, according to a regulatory filing.
July 8 - Arkansas
First Federal Bancshares of Arkansas (FFBH) in Harrison has agreed to buy First National Security in Hot Springs, Ark.
July 8 -
First South Bancorp, a privately held Tennessee company, has enough capital support to do deals without having to go public, CEO Chris Holmes says in a Q&A.
July 8 -
Sen. Elizabeth Warren may have a reputation as the banking industry's toughest foe, but behind the scenes she's formed a growing alliance with community banks, a widespread and politically powerful group.
July 8 -
Buried in the Corker-Warner reform bill are two provisions that would give the Federal Home Loan banks an opportunity to play a major role in the new housing finance system.
July 8 -
Banks are facing new challenges ranging from cyberattacks to funding needs, and many have created special posts to confront those issues. Here are some relatively new titles that have sprung up in recent years.
July 8





