Community banking
Community banking
-
Big and mid-size firms are borrowing, but small ones have shown no urgency to tap existing credit lines and take advantage of cheap capital.
August 30 -
The break up with JTH Tax comes months after Kentucky's Republic Bancorp agreed to end its refund-anticipation loan program as part of a settlement with the FDIC.
August 30 -
Leslie Lunak, an M&A expert who has been at BankUnited since 2010, will be promoted to chief financial officer early next year.
August 30 -
Northfield Bancshares in Minnesota has raised almost $3.8 million through a common stock offering.
August 30 -
In order to increase loyalty, financial institutions need to embrace social media, increase value to retain existing customers and use data to design competitive rewards programs.
August 30 -
Four months after the Portland, Ore., company lost a deal in the state to a higher bidder, Umpqua has agreed to buy Circle Bancorp in Novato, Calif., for about $25million.
August 30 -
In two lengthy interviews, John Walsh, the acting head of the OCC for nearly two years, offers his candid views on a range of subjects, including the FSOC's effectiveness and the reform idea he believes is "something worth dying for."
August 29 -
It took just three months for Orrstown Financial Services (ORRF) to find a new chief financial officer, but the move could not have come too soon.
August 29 -
NHB Holdings in Cottonwood Heights, Utah, has raised $7.6 million in fresh capital.
August 29 -
It may be hard for banks like Toronto-Dominion and New York Community to resist trying to outbid M&T for Hudson City, which agree to sell itself for a relatively low-priced offer.
August 29 -
Gulf Coast bankers say they were better prepared to handle the onslaught of Hurricane Isaac, which slammed into Louisiana on Wednesday. Bankers are better prepared seven years after Katrina battered the Gulf Coast, learning how to run their banks remotely and keeping plenty of cash on hand.
August 29 -
The central bank's most recent Beige Book finds disparities both between and within regional districts about the appetite for new loans.
August 29 -
The Treasury Department has released an infographic outlining how the financial reform legislation helps to strengthen Main Street banks. Do you agree Dodd-Frank creates a level playing field for financial institutions?
August 29 -
The new employment agreement with veteran banker John Kanas comes just weeks after reports surfaced that the Florida company was again weighing offers to sell.
August 29 -
Cordia Bancorp will invest $3 million to consolidate control of Bank of Virginia in a move Jack Zoeller, Cordia's CEO, says will position the company to make acquisitions and raise capital.
August 29 -
First Community Financial Partners in Joliet, Ill., will combine its four banks under a single charter to increase the availability of products at each one.
August 29 -
Lakeland Bancorp (LBAI) is planning to raise more than $25 million through two offerings.
August 29 -
Eastern Federal Bank of Norwich, Conn., has applied to the Connecticut Department of Banking to switch from a federal charter to a state charter.
August 29 -
FDIC's Quarterly Banking Profile shows broad improvements in the number of institutions making more loans. But with rock-bottom interest rates squeezing margins, banks yet again looked toward reduced loss provisions to drive earnings.
August 28 -
The Office of the Comptroller of the Currency has released PVF Capital's (PVFC) bank unit from an enforcement order after the Solon, Ohio, bank met capital requirements.
August 28






