Community banking
Community banking
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In the last three months of 2010, banks, credit unions and other lenders made $12 billion of Small Business Administration-backed loans, the most in any quarter in the SBA's history and more than double the volume in any quarter over the last four years.
November 21 - California
First Northern Community Bancorp in Dixon, Calif., said Monday that it had exited the Troubled Asset Relief Program after repurchasing a stock warrant from the Treasury Department.
November 21 - New York
Shares of Anchor BanCorp Wisconsin Inc. have been removed from the Nasdaq exchange and are now trading over the counter.
November 21 -
Cathay General Bancorp in Los Angeles has added a former KPMG consultant to its board.
November 21 -
David Greiner has resigned as president and chief executive of Tri-Valley Bank in San Ramon, Calif., and has been replaced by the bank's chairman, Arnold Grisham.
November 21 -
WASHINGTON — Regulators closed a bank in Louisiana, and another in Iowa, late Friday to bring the year’s failure total to 90.
November 18 -
The Barclays unit in charge of U.S. bank deals has overcome adversity, from the Lehman Brothers collapse in 2008 to the defection of some important talent last year, and worked on some of the notable deals of the year.
November 18 -
Addressing the home mortgage meltdown, Congressman Scott Garrett recently introduced legislation that is, as American Banker put it, "designed to draw the private sector back to the secondary-mortgage market after the troubled GSEs are terminated."
November 18 -
Banks, the FDIC, and insurers are set to fight over whether the vague terms of director & officer liability insurance put insurers on the hook for FDIC claims against failed bank execs.
November 18 -
Regulators will eventually release banks from the penalty box of formal enforcement actions. For now, banks can expect informal agreements to serve as a provisional step to freedom.
November 18 -
In a new paper, Karen Shaw Petrou, a leading financial services analyst, outlines flaws with new capital and liquidity requirements, and offers policymakers a way to simplify the process.
November 18 -
Hampton Roads Bankshares Inc. in Norfolk, Va., has named a special assets executive, Denny P. Cobb, chief credit officer for one of its banking units.
November 18 -
The Treasury Department said Friday it netted $12.21 million from the sale of warrants to buy stock in 17 financial firms, including banks such as Maryland-based Eagle Bancorp Inc. and Indiana-based Horizon Bancorp.
November 18 -
The federal government could avoid many unnecessary bank failures by making targeted preferred equity investments in community banks with a Camels 3 rating.
November 17 -
Shareholders of Susquehanna Bancshares Inc. in Lititz, Pa., and Tower Bancorp Inc. in Harrisburg, Pa., have approved the companies' proposed merger.
November 17 -
Most of the transactions in November have involved the sale of small, closely held banks to much bigger players. The buyers want to spend excess cash and expand on the cheap.
November 17 -
The Federal Reserve has banned a former executive of Security Bank in Tulsa, Okla., from the banking industry.
November 17 -
Stew Leonard Jr., the owner of an eponymous grocery store chain in New York, echoed the groans from today's bank directors.
November 17 -
Some family owned banks have had difficulty transitioning from one generation to the next, and the current economic downturn has made it trickier than ever to transfer control.
November 17 -
Stew Leonard shares his thoughts on customer service, motivating front-line employees, and why he'll never serve on a bank board again.
November 17




