Community banking
Community banking
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The Senate is scheduled to vote Tuesday on a bill that would extend a crisis-era program that guarantees certain business accounts.
December 10 -
Todd Park is hardly a civil service Yes man. He's a presidential scholar with a Harvard degree and two successful start-ups under his belt.
December 10 -
The money a household has to deposit into a bank account would decrease by an average of almost 55% if U.S. tax cuts are allowed to expire, an analysis from Market Rates Insight found.
December 10 -
Congressional approval for a two-year extension would, among other things, prevent more uncertainty, minimize deposit concentration and maximize financial stability.
December 10 -
Ameris Bancorp (ABCB) in Moultrie, Ga., has announced a streamlining plan that includes closing or selling about 20% of its branches.
December 10 -
CapStar Bank in Nashville, Tenn., has hired a former executive at Bank of America as its chief financial officer.
December 10 -
Alliance Bank in Syracuse, N.Y., has warned that almost 100 jobs would be eliminated after its merger with NBT Bank next year.
December 10 -
FirstAtlantic Bank in Jacksonville, Fla., has acquired a branch from Prosperity Bank in St. Augustine, Fla.
December 10 - Indiana
MainSource Financial Group (MSFG) in Greensburg, Ind., has retired another chunk of the equity it originally issued in the Troubled Asset Relief Program.
December 7 -
Two troubled banks were sold through bankruptcy auctions this month, and another is expected next week. The much-discussed recapitalization method has only recently gained traction.
December 7 -
Senator-elect Heidi Heitkamp may be the next in line to join the Senate Banking Committee.
December 7 -
Comptroller Tom Curry said the agency has worked to address several concerns from staff after a recent survey — the first being stepping up internal communications by senior management.
December 7 -
Michael Larrowe, promoted to CEO of Cardinal Bankshares after a shareholder revolt capped a chaotic past year, is working to rebuild the company and its ties to the community.
December 7 -
First PacTrust Bancorp (BANC) in Irvine, Calif., raised $43.1 million from the sale of senior notes.
December 7 -
FirstSouth Bancorp in Lexington, Tenn., has repaid the $50 million it had received from the Treasury Department under the Troubled Asset Relief Program.
December 7 -
A key investor in Webster Financial is reducing its stake in the Waterbury, Conn., company.
December 7 -
DCB Financial Corp. (DCBF) said Thursday it completed a sale of common stock to existing shareholders and local investors that netted $13.2 million in funds.
December 7 -
A state court yesterday approved a request from the South Carolina Revenue Department to notify credit unions and banks of the 3.3 million bank account numbers compromised when someone hacked department tax files.
December 7 -
The Federal Reserve Board has terminated enforcement actions against Anadarko Bank & Trust in Oklahoma and Hanmi Financial in Los Angeles.
December 7 -
At Citigroup, CEO Corbat offers hints of strategic change. U.S. bank gives mobile bill pay a boost. In Washington, a Republican leaves and two Democrats rise.
December 7





