Community banking
Community banking
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For banks looking to poach customers disaffected by mergers among rivals, there is plenty of opportunity. More than 20% of deposits have changed hands recently in about 50 markets around the country.
March 27 -
The Federal Reserve Bank of San Francisco has terminated its regulatory action against HomeStreet in Seattle.
March 27 -
Enterprise Financial Services in St. Louis has extended the contract of chief executive Peter Benoist by one year.
March 27 -
First BanCorp (FBP) in San Juan, Puerto Rico, has enhanced and extended an offer to convert preferred shares into common stock.
March 27 - Virginia
Hampton Roads Bancshares (HMPR) in Virginia Beach is reducing its branch network.
March 27 -
Eastern Virginia Bankshares (EVBS) in Tappahannock plans to raise $50 million through a private placement and a rights offering.
March 27 -
CNB Financial (CCNE) in Clearfield, Pa., has agreed to acquire FC Banc (FCBZ) in Bucyrus, Ohio, for about $40 million, or $30 a share in cash and stock.
March 27 -
Credit lines and expanded overdraft programs are being considered as alternatives for banks that want to curb their customers' use of payday loans.
March 27 -
New Community Reinvestment Act guidelines will reduce paperwork burdens, open up new areas for assistance and make clear that banks falling short will hurt their overall lending test performance.
March 27 -
Jefferson Bancorp in Lutherville, Md., has received regulatory approval to buy Carrollton Bancorp (CRRB) in Columbia, Md.
March 27 -
A unit of Fentura Financial (FETM) in Fenton, Mich., has been freed from a regulatory order from Federal Deposit Insurance Corp. and the State of Michigan Office of Financial and Insurance Regulation.
March 26 -
Provident New York Bancorp wants to join forces with a similarly sized bank, KBW analyst Collyn Gilbert says. But a pool crowded with rival buyers is crimping its plans.
March 26 -
The troubled Metropolitan Bank Group in Chicago may be getting a lifeline from a consortium of Mexican investors, Crain's Chicago Business reported.
March 26 -
Interest in SBA lending has picked up as the agency works to attract more lenders and borrowers by streamlining its programs.
March 26 -
Pacific Mercantile Bancorp (PMBC) in Costa Mesa, Calif., has named a credit-risk consultant and former Comerica (CMA) executive to its board.
March 26 -
The Federal Reserve Board has terminated an enforcement action against East Dubuque Bancshares in Illinois and its bank.
March 26 -
Bankers these days face the prospect of getting penalized for everything from "disparate impact" to the actions of auto dealers and other third-party partners. That raises the question of whether such regulation is effective, enforceable or fair.
March 26 -
Almost three quarters of America's 50 largest credit unions offer free checking accounts with no strings, Bankrate.com found in a recent survey.
March 26 -
A recent wave of high-profile executive departures highlights the need for boards to regularly review succession plans and develop future leaders in an environment where top-level talent is limited.
March 26 -
The difference between board members with hands-on banking, compliance and technology knowledge and board members without can mean the difference between a bank's success and failure.
March 26





