Community banking
Community banking
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First Bancorp in Troy, N.C., has applied for regulatory approval to move its headquarters to Southern Pines, N.C.
March 13 -
Community Bank of Tri-County in Waldorf, Md., has named a new chief risk officer.
March 13 -
Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.
March 13 -
Over 40 million Americans are under- or un-banked. Operation HOPE Chief Executive John Hope Bryant discusses how banks can make customers out of this under-served market and do well by doing good in the process.
March 13 -
ST Financial Group in College Station, Texas, plans to buy a small bank near Dallas. The parent company of Spirit of Texas Bank has agreed to purchase Peoples Bank in Colleyville, which has $72 million in assets and two branches.
March 13 -
Bank of Astoria in Oregon plans to convert all of its branches to the Columbia Bank brand, nine years after the two lenders merged.
March 13 -
Focus Business Bank in San Jose, Calif., has hired a leader for its business banking team. Robert Gionfriddo has joined the $213 million-asset bank as its chief business banking officer, Focus said Tuesday.
March 13 -
Astoria Financial (AF) in Lake Success, N.Y., plans to raise up to $150 million through an offering of depositary shares.
March 13 -
Staffing, policies and vendor relationships will draw scrutiny as community banks look for new ways to make money.
March 13 -
Ocwen Financial has added Wilbur Ross Jr. to its board.
March 13 -
The upswing in acquisition announcements lately has been unaccompanied by the spiral of rising deal and trading multiples that attended waves of mergers in the past.
March 12 -
Richard Moore became First Bancorp's CEO two years after losing a bid to become the state's governor. Investors are hoping his loss is the company's gain.
March 12 -
The $2.9 billion-asset parent of BofI Federal Bank said Monday it seeks as much as $50 million for general corporate purposes through the sale of common stock, according to a filing with the Securities and Exchange Commission.
March 12 -
Institutions with at least $10 billion in assets approved 15.9% of loans between $25,000 and $3 million in February, up from 15.3% in January and from 11.7% a year earlier, according to Biz2Credit.
March 12 -
As banks struggle to find new sources of profitable business, are some making risky loans, delving into areas where they have little experience or are otherwise stretching in ways that they will eventually regret.
March 12 -
A rise in shareholder lawsuits following deal announcements has prompted insurers to vet clients' M&A plans and raise the deductibles banks must pay to settle claims.
March 12 -
Using data commonly available on most core systems, a relatively simple, inexpensive concentration stress testing model can bring value.
March 12 -
Heritage has agreed to pay $44.2 million for Valley Community Bancshares in Puyallup, Wash., the holding company for the $242 million-asset Valley Bank, the companies announced Tuesday.
March 12 -
Sunrise Community Banks in St. Paul, Minn., plans to combine three bank charters.
March 12 -
First BanCorp in San Juan, Puerto Rico, said that one of its directors resigned over a personal issue with another member of the board.
March 12




