Community banking
Community banking
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First Federal Savings & Loan Association of Bucks County still likes mortgage lending but has turned to sophisticated hedging to manage risk, incoming CEO Jeane Coyle says.
March 8 -
Provident Bank announced Thursday that it had hired John Lynch, a senior financial consultant who will focus on clients in the lower Hudson Valley.
March 8 -
William Loving believes that the banking industry will shrink at a much slower rate than what many predict.
March 8 -
Pacific Mercantile in Costa Mesa, Calif., reported a fourth-quarter loss as expenses rose and a tax benefit dwindled.
March 8 -
The Treasury Department plans to auction its holdings in seven banks, including Flagstar Bancorp (FBC), as it continues to unwind the Troubled Asset Relief Program holdings.
March 8 -
Bank of Farmington in Illinois is launching an investment-services division. The new unit, Bank of Farmington Investment Services, will be headed by financial advisor Chad Mayall.
March 8 -
BankUnited in Miami Lakes, Fla., has priced a planned secondary offering by its biggest investors.
March 8 -
Union First Market Bankshares in Richmond, Va., has repurchased a large block of common stock from one of its largest investors.
March 8 -
M&T CEO Robert Wilmers packs a punch in his annual letters to shareholders. Here are some of the highlights of this year's missive.
March 8 -
The merger of NBT Bancorp (NBT) and Alliance Financial Group (ALNC) is nearly official.
March 7 -
CommunityBank of Texas has agreed to buy Vista Bank Texas. "These are two independent powerhouses coming together to fill a hole in the Houston banking market," said J. Pat Parsons, CommunityBank's CEO.
March 7 -
OneWest Bank in Pasadena, Calif., which has been considering a sale or an initial public offering, has been meeting with potential merger partners, according to a report.
March 7 -
A number of banks will 'find themselves' in the year ahead via deals that redefine where they operate and what they do, a Deloitte study finds.
March 7 -
Aubrey Patterson keeps in touch with his successor and advises bankers to think twice before surpassing $10 billion in assets and earning more regulatory scrutiny.
March 7 -
Old Second Bank in Aurora, Ill., aims to prove that it and other Tarp banks that burned through all their common equity can survive.
March 7 -
A personal appeal from American Samoa's governor is holding up Bank of Hawaii's (BOH) plan to exit the territory.
March 7 -
Premier Financial Bancorp (PFBI) in Huntington, W.Va., reported an increase in its quarterly profit that was driven largely by loan sales and improved asset quality.
March 7 -
Augmented reality has the potential to enhance customer service and promote sales during customers in-store transactions.
March 7 -
With fatter margins than high-end corporate banking and customers who are more interested in relationships and service than negotiating the lowest price, the commercial middle market is the industry's sweet spot, says consultant and executive recruiter Rod Taylor.
March 7 -
BBCN Bancorp (BBCN) in Los Angeles has filled the leadership left open by Alvin Kang's resignation as president and chief executive earlier this year.
March 7







