Community banking
Community banking
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Covenant Bank in Chicago could fail if it does not raise fresh capital soon.
December 28 -
Unable to seal their deal, C1 Bank and U.S. Century have instead struck a new agreement that would still give C1 a foothold in the Miami area.
December 28 -
"Deposit fee" is one of the more popular terms being used in new naming conventions, while some banks are scrapping their fees altogether.
December 28 -
BankUnited is expanding its footprint in the Sunshine State.
December 28 -
United Community Bancorp in Lawrenceburg, Ind., is extending its community offering after receiving insufficient orders for stock to complete its second-step conversion.
December 28 -
The Federal Deposit Insurance Corp. has terminated an enforcement action against HomeStreet Bank in Seattle.
December 28 -
The Office of the Comptroller of the Currency has named Gateway Bank CEO Jeffrey Cheung to a minority advisory committee, and he spilled the beans a little early
December 28 -
Successful banks are, among other things, focusing on education and employee training courses, establishing a formal enterprise risk management department and tying compensation to clearly defined best practices.
December 28 -
Other banks have let employees make 'Gangnam Style' videos to blow off steam, but SVB Financial staffers went global with their involved production.
December 27 -
These financial services executives won't be sorry to see this year end and are hoping for better results in 2013.
December 27 -
The board of the Federal Home Loan Bank of Cincinnati has reelected Carl F. Wick, a former NCR executive, as its chairman. B. Proctor Caudill Jr. was also reelected as vice chairman, the bank said.
December 27 -
Capital, cost-cuts and creativity. Those are three things banks, especially small ones, will need to ride out a period of low margins and stiff regulation until economic conditions improve, says BankUnited CEO John Kanas.
December 27 -
Red River Bancshares in Alexandria, La., plans to expand into the Baton Rouge area with a deal to buy Fidelity Bancorp.
December 27 -
In the most challenging banking environment in memory, BankUnited's John Kanas expects the winners to be those companies most adept at amassing capital, cutting costs and figuring out the innovation puzzle.
December 27 -
OceanFirst Financial in Toms River, N.J., expects to increase its fourth-quarter loan-loss provision because of Hurricane Sandy and new regulatory guidance for borrowers who have filed for bankruptcy.
December 27 -
The industry returned to sustainable (albeit tepid) profitability this year and housing appears to have bottomed. Regulatory fines and litigation continue to cast a pall on the future, however.
December 27 -
The $2.7 billion-asset parent of AnchorBank in Madison, Wis., said Wednesday it has prepaid $150 million in advances from the Federal Home Loan Bank System that were due in 2015.
December 26 -
The FDIC this year has filed more lawsuits against the officers and directors of failed banks than it did last year. That number is expected to grow again next year, and involve smaller institutions.
December 26 -
BBCN execs took a difficult path to build the largest Korean-American bank, but a successful merger in L.A. and a deal in Seattle have put it on course to become a West Coast player — and maybe more.
December 26







