Community banking
Community banking
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Bank of America (BAC) has hired more than 90 small-business lenders in the Southeast as part of a broader push to add 1,000 relationship bankers throughout the country by the middle of the year.
April 3 -
Banks and credit unions are competing more than ever to try and win new business. Some are resurrecting giveaways and promotions to drum up clientele. Here are some notable promotions from recent years.
April 3 -
- New York
Hudson Valley Holding Corp. (HVB) has completed the sale of $474 million in loans after it was required to reduce its concentrations in commercial real estate and classified loans.
April 2 - Massachusetts
Independent Bank Corp. (INDB) in Rockland, Mass,, has named Donna L. Abelli chairman of the company and its commercial banking unit, Rockland Trust Co.
April 2 - Florida
Regulators have entered into a consent order with the banking subsidiary of Community Bank of South Florida that requires the Homestead, Fla., bank to raise capital ratios.
April 2 -
Two years after the federal government became a direct lender to students, the time might be right for small banks to start making private student loans. Still, there are plenty of potential legislative and regulatory headwinds.
April 2 -
First Savings Bank Northwest in Renton, Wash., has been released from a formal enforcement order with its regulators after substantially reducing its problem loans and demonstrating that it can earn money on a consistent basis.
April 2 -
Naugatuck Valley Financial (NVSL) will record a deposit-related charge during the first quarter due to not paying enough interest on some certificates of deposit renewals.
April 2 - Missouri
The Nasdaq stock exchange has warned Enterprise Financial Services Corp. (ESFC) in St. Louis that its stock is in danger of being delisted because the company has yet to file its 2011 annual report with the Securities and Exchange Commission.
April 2 -
How Philip Seymour Hoffman got tied to ads for People's United Bank.
April 1 -
A dormant financing tool popular with small holding companies to infuse subsidiaries with cash is back and stricter than ever.
April 1 -
Sitting atop a small sliver of the Marcellus Shale, the plainly named Community Bank in southwest Pennsylvania has become a key liaison between local residents and drillers of the world's second-largest gas field.
April 1 -
Should bank directors and officers have to give up their insurance coverage for civil money penalties?
April 1 -
Efficiency ratios have been worsening for two years, with a slump in noninterest income driving much of the deterioration.
April 1 -
Heading into 2011, there were multiple signs that it would be an active year for bank mergers and acquisitions. But as we know, industry M&A fell well short of expectations.
April 1 - Michigan
Regulators closed Fidelity Bank in Dearborn, Mich., at a cost of about $93 million to the Deposit Insurance Fund.
March 30






