Community banking
Community banking
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A number of recent deals in the state could spur more Virginia banks to buy or sell. However, big out-of-state buyers are unlikely to get involved because there are few large targets left.
June 19 -
Contradictory regulations, such as the CFPB's QM standards and HUD's new fair lending rules, inhibit banks ability to devote resources to their businesses.
June 19 -
Deutsche Bank reached a settlement with the city of Los Angeles to resolve a lawsuit claiming the bank acted like a "slumlord" and let foreclosed homes in low-income neighborhoods fall into disrepair.
June 19 -
Taylor Capital Group (TAYC) in Chicago has hired David Drury, a General Electric Capital executive, to head sales and capital markets for its equipment-finance unit.
June 18 -
Think you have time to wait to get in the M&A game? Think again, says Lynn Fuller of Heartland Financial in Iowa, who sees the next two years as the time to bulk up his multistate bank before prices soar.
June 18 -
People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.
June 18 -
The OCC's third risk report cited put cybersecurity as the second biggest worry for bankers, right after struggles to maintain revenue.
June 18 -
Intervest Bancshares bid successfully for some of its own shares in a recent Treasury Department auction.
June 18 -
Small-business owners are feeling more bullish about the economy than they have in three years, a new Citigroup (NYSE: C) study has found.
June 18 -
Chris Sawyer, an executive at Altrust Financial, says there are several factors behind the companys decision to merge its banks.
June 18 -
M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.
June 18 -
Even great bankers cannot succeed when forced to compete in a market with an influx of new banks and a shortage of skilled bankers, wise directors, and experienced regulators.
June 18 -
Browser advancements made in recent months are allowing developers to bring check deposit to mobile sites.
June 17 -
Given America's romance with small business, it certainly can't hurt to be seen out there supporting mom and pop.
June 17 -
As the volume of Federal Deposit Insurance Corp. suits against failed-bank officers and directors continues to rise, few cases are approaching anything close to an outcome.
June 17 -
First BanCorp (FBP) has traveled a bumpy road to recovery but top management hopes a clear strategy will help the San Juan, Puerto Rico, company complete its turnaround.
June 17 - Michigan
FirstBank (FBMI) in Alma, Mich., has redeemed its remaining shares issued in exchange for funds through the Troubled Asset Relief Program.
June 17 - California
Heritage Commerce (HTBK) in San Jose, Calif., plans to redeem $9 million of debt and exit the Troubled Asset Relief Program.
June 17 - Iowa
Heartland Financial USA (HTLF) in Dubuque, Iowa, has named a veteran executive as interim chief financial officer.
June 17 -
To keep costs down, insurers are exercising their right under the Affordable Care Act to insist consumers pay their premiums via automatic bank withdrawal. The Department of Health and Human Services is scrambling to make insurers accept plastic.
June 14





