Community banking
Community banking
-
HF Financial (HFFC) has agreed to provide its largest shareholder with confidential information after the investor threatened to run its own candidate for the Sioux Falls, S.D., company's board.
August 1 -
Join the editors of American Banker and the industry's most influential policymakers, lawmakers and executives to discuss the issues that remain at the forefront of the regulatory landscape: CFPB, Volcker Rule, TAG, fair lending enforcement, Basel III and the impact the elections will have on financial institutions.
August 1 - Wisconsin
PLYMOUTH, Minn. — NCUA announced this morning it has awarded the remnants of AM Community CU, a failed $135 million Kenosha, Wis., credit union, to TruStone Financial FCU under a purchase and assumption agreement.
August 1 -
While I'm sure some community bankers applauded Sandy Weill's recent call to break up our nation's largest banks, I, for one, did not.
August 1 -
BOK Financial's (BOKF) second-quarter earnings rose from a year earlier and surpassed expectations as fee revenue increased and credit quality continued to improve.
August 1 -
The Small Business Lending Enhancement Act would let credit unions help small businesses and our economy without costing taxpayers a dime. Whether lifting the cap creates one job or 1,000, it would be a success.
August 1 -
United Bank often helps customers who have few alternatives. The minority-owned bank hopes the faith is returned as it complies with a regulatory order.
August 1 -
Churches aren't always pristine credits, especially in this economy. But some banks have new strategies to keep church construction loans on track.
August 1 - Florida
LAKELAND, Fla. — MidFlorida CU, which has been growing its branch network on the Gulf Coast, has agreed to acquire Indian River CU, a troubled $55 million credit union on Florida's other coast.
July 31 -
Stiffer oversight of banks with assets of $50 billion or more will keep New York Community Bancorp, of Westbury, N.Y., out of the M&A game until a major acquisition comes along, CEO Joseph Ficalora says.
July 31 -
BB&T (BBT) in Winston-Salem, N.C., said Tuesday that it has completed its acquisition of BankAtlantic in Fort Lauderdale, Fla., after it received final approvals from the Federal Reserve Board and the Federal Deposit Insurance Corp.
July 31 -
A former Minnesota Vikings tight end has reached a settlement with federal regulators over his alleged misdeeds at a Minneapolis-area community bank.
July 31 -
David Cohen, the Treasury undersecretary for terrorism and financial intelligence, urged banks and others in the financial industry to weigh in on a regulatory plan to require institutions to identify beneficial ownership of their account holders.
July 31 -
Industry groups want lawmakers to extend Dodd-Frank's unlimited insurance for transaction deposits, which is now mandatory for all banks. But TAG used to be voluntary, and some say it should be again.
July 31 -
Peoples Bancorp of North Carolina (PEBK) in Newton said that Lance A. Sellers, its chief credit officer, will take over as chief executive and president later this year.
July 31 - North Carolina
The Asheville, N.C., company posted a net loss after its loan-loss provision ballooned. The loss comes just months after activist investor Stilwell Group disclosed that it had started buying shares in the company.
July 31 -
American Banker today introduces the Index of Banking Activity, a new monthly barometer of business conditions in the U.S. banking sector. The index's initial reading of 54.4 indicates that the banking industry experienced a modest pickup in activity in June.
July 31 -
- Iowa
Heartland Financial (HTLF) in Dubuque, Iowa, reported that its second-quarter earnings rose about 45% from a year earlier, to $12.9 million, because of higher noninterest income.
July 30 - South Dakota
Following an extensive search for a new chief executive, the board at HF Financial (HFFC) in Sioux Falls, S.D., has determined that its interim CEO is the best person for the job.
July 30





