Community banking
Community banking
-
Comptroller of the Currency Tom Curry said the agency is ready to "take action" against banks that lower provisions solely to boost short-term profits.
October 29 -
Kelly S. King, the chairman and chief executive of BB&T (BBT), has been appointed to the Federal Advisory Council.
October 29 -
If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.
October 29 -
Talmer Bancorp has agreed to buy and recapitalize First Place Bank in Warren, Ohio, in a deal that will work its way through the bankruptcy process.
October 29 -
The U.S. securities industry canceled equity trading on all markets today, moving to protect workers as Hurricane Sandy barreled toward New York City with 70-mile-per-hour winds and the threat of an 11-foot sea surge.
October 29 -
State Bank Financial (STBZ) in Atlanta reported a drop in quarterly earnings as income tied its past failed-bank deals fell.
October 29 -
Banks in the Magnolia State have built up capital and profits, and their owners are hoping the state's poor national reputation will shield them for a while from big rivals and M&A trends.
October 29 -
Eagle Bancorp in Bethesda, Md., plans to sell more than $10 million in stock to go along with a $35 million offering that it recently completed.
October 29 -
Regulators took a slew of enforcement actions against banks last month in connection with consumer protection, capital adequacy and other matters.
October 29 -
Banks in the forecasted path of Hurricane Sandy braced Sunday for the storm, while making plans to help their operations weather it without interruption.
October 28 -
The Pennsylvania Department of Banking and Securities closed the $483 million-asset NOVA Bank in Berwyn on Friday, but the FDIC was unable to find a buyer for the failed bank's operations.
October 26 -
Cattail Bancshares in Atwater, Minn., has finally landed a deal after several years on the prowl. The $120 million-asset company has agreed to buy the $61 million-asset Citizens State Bank of Waverly.
October 26 -
Customers Bancorp's third-quarter earnings increased by 184% from a year earlier after the Wyomissing, Pa., company grew its balance sheet.
October 26 -
Declining yields on fixed-rate mortgages are leading bankers to sell more of those loans on the secondary market. To them, yields on 15- and 30-year mortgages are insufficient to cover the risk of an inevitable rise in interest rates.
October 26 -
With limited resources to invest in new technologies, banks need to place small bets on a portfolio of promising options, team up with innovation partners and exceed customer expectations.
October 26 -
TCF, the Wayzata, Minn., bank recorded a $20 million charge in response to new regulatory requirements for loans to homeowners who have been through bankruptcy. The directive has hurt profits at a slew of banks.
October 26 -
Oriental Financial Group (OFG) has priced its public offering that will it raise capital to buy the Puerto Rican operations of Banco Bilbao Vizcaya Argentaria.
October 26 -
1st Capital Bank in Monterey, Calif. has recruited a Central Coast banking veteran to its executive team.
October 26 -
It is one thing to see an irrelevant ad on a billboard in Las Vegas, but it's quite another to get an irrelevant message from an institution who knows more about me than many of my relatives.
October 26 -
Investors Bancorp (ISBC) in Short Hills, N.J., reported higher third-quarter earnings because of loan growth and better credit.
October 26



