Community banking
Community banking
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Deposits are worth buying if you get them at a good price and are making loans, says Stephen Gordon, the chairman and CEO of Opus Bank, which agreed this week to buy 10 branches from PacWest for a 2.5% premium.
July 10 -
Businesses continue to deposit fund in banks as safety trumps yield as an investment priority. The move continues to cause bankers headaches as the funds weigh down balance sheet returns.
July 10 -
Amalgamated Bank in New York is continuing its product line expansion with the addition of a home mortgage division.
July 10 - Illinois
Taylor Capital Group (TAYC) in Chicago is registering 20.6 million shares of its stock to make it easier for certain shareholders to sell the securities.
July 10 -
HomeTrust Bank in Asheville, N.C., is set to raise up to $211.6 million as it converts to a stock-owned bank from a mutual thrift.
July 10 -
Businesses are expecting to unload even more cash into banks, according to a liquidity survey released Tuesday by the Association of Financial Professionals.
July 10 -
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State regulators this afternoon approved the merger of Massachusetts State Employees CU, a troubled one-time $77 million credit union in Boston, into giant Metro CU in adjacent Chelsea, Mass.
July 9 -
Old National Bancorp (ONB) in Evansville, Ind., has named a former chief justice of the Indiana Supreme Court to its board.
July 9 -
Matthew Wagner, the company's CEO, says a decision to sell 10 branches to Opus Bank will help the usually acquisitive PacWest cut costs.
July 9 -
The Consumer Financial Protection Bureau took two major steps toward reshaping the nation's residential mortgage market Monday, proposing revised mortgage disclosure requirements as well as stricter limits on high-cost loans.
July 9 -
Eagle Bancorp's (EGBN) Ronald D. Paul is adding another job to his list of responsibilities.
July 9 -
Loans made through the Small Business Lending Fund continued their climb in the first quarter, rising by $433 million compared with the fourth quarter of 2011, the Treasury Department said.
July 9 - Missouri
First State Bank of St. Charles in Missouri is looking to expand into the Kansas City area with two new offices.
July 9 -
The Treasury Department will auction off its stakes in a dozen more banks as it works to aggressively wind down the Troubled Asset Relief Program.
July 9 -
In a bid to avoid the regulatory capture that's crippled other agencies, the Consumer Financial Protection Bureau is hiring outside the usual places and thinking outside the box.
July 9 -
The pressure to merge is strong. But plenty of small banks are still viable, and rushing to do a deal could be just as risky as waiting.
July 9 -
The Federal Deposit Insurance Corp. has terminated a consent order with Northwest Savings Bank that had required the Warren, Pa., bank to strengthen various parts of its consumer compliance management system.
July 9 -
Regulators became cautious about approving bank deals after the financial crisis, but now some buyers are getting approval to close their transactions more quickly.
July 9 -
PacWest Bancorp (PACW) in Los Angeles is experiencing life on the other side of the bargaining table after its bank agreed to sell 10 branches to Opus Bank.
July 9







