Community banking
Community banking
-
At least a dozen community banks have planned new headquarters in the past year, either by building offices or leasing new digs. Low interest rates and great pricing are making the moves easier.
September 28 -
To satisfy creditors, Big Sandy Holding's bankruptcy plan, filed on Thursday, calls for an auction of its $840 million-asset unit, Mile High Banks.
September 28 -
The $15.9 billion-asset bank said Thursday that Lisa Etre, William McCarthy and Jessica Ruiz have joined Signature from Hudson Valley Bank (HVB) in Yonkers, N.Y., and that Dennis Sheridan has joined from Valley National Bank (VLY) in Wayne, N.J.
September 28 -
Broadway Financial in Los Angeles earned $1.4 million in the second quarter. A year earlier, the $391 million-asset company lost $2 million.
September 28 -
Roma Financial Corp. (ROMA) said that one of its banks has entered into a written agreement with the Office of the Comptroller of the Currency.
September 28 -
MainSource Bank in Greensburg, Ind., has agreed to buy the assets managed by Krumme and Brock Investment Services in Seymour, Ind. The employees of the Krumme firm, including owners Galen Krumme and Cliff Brock, would join MainSource Bank's wealth management division.
September 28 -
United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.
September 28 -
Business activity in the banking sector increased in August for the third straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.
September 28 -
Tri Counties Bank in Chico, Calif., will pay as much as $2.5 million to settle a class-action lawsuit that claims it failed to properly pay overtime.
September 28 -
The CFPB flexes its muscle in a Discover deal, Sheila Bair blasts a double standard for hurting small banks and mortgage settlement overseer Joe Smith weighs in on progress to date.
September 28 -
An unnamed investor will inject $5.5 million into the troubled Anchor Commercial Bank in North Palm Beach, Fla., through a subscription agreement.
September 27 -
Hampton Roads Bankshares in Norfolk, Va., has completed its $45 million rights offering, though its private-equity partners were the largest contributors.
September 27 -
A bipartisan group of 53 senators is calling on banking regulators to consider the impact that proposed Basel III capital standards will have on community banks.
September 27 -
The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.
September 27 -
Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.
September 27 - Wyoming
The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.
September 27 - Connecticut
BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.
September 27 -
Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.
September 27 - Kentucky
Kentucky First Federal Bancorp (KFFB) has received approval from Federal Reserve Board to waive its right to receive a dividend.
September 27 -
Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.
September 27




