Community banking
Community banking
-
Consumer groups that have already raised questions about Capital One Financial Corp.'s purchase of Internet bank ING Direct USA have now turned their attention to the bank's purchase of the credit card portfolio of HSBC Holdings PLC.
November 10 -
The branch banking model is outdated, and not just because many still use pneumatic tubes at the drive-through lane.
November 10 -
Families that own capital-starved banks are facing the decision whether to raise capital from outside investors — saving the banks but diluting their own stakes — or to keep pumping money into them to keep them alive.
November 10 -
Banks should adhere to high moral standards by discouraging people from going needlessly into debt. The concept of "fly now, pay later" does not promote consumers financial responsibility.
November 10 -
For consumers, transferring banks is more difficult than it sounds. For banks, losing shifting deposits can make for surprising winners and losers.
November 9 -
The nation's 10 largest retail banks are at risk of losing $185 billion of deposits over the next year as customers will look to move primary accounts to community and regional banks that they perceive as being more consumer friendly.
November 9 -
CFG Community hires Daniel McKew as president two weeks after his resignation from the larger 1st Mariner.
November 9 -
Sen. Richard Shelby on Wednesday called for the Senate to pass a bill that would exempt more small banks from securities registration requirements.
November 9 -
Maybe James A. Bell can bring a few defense products to JPMorgan Chase & Co. board meetings to deflect some of the vitriol aimed at Wall Street.
November 9 -
Times are pretty good for ag lenders — that's why they are nervous.
November 9 - Pennsylvania
CNB Financial Corp. in Clearfield, Pa., said Tuesday that Charles R. Guarino had resigned as the company's treasurer and principal financial officer.
November 9 -
Policymakers who stood by and watched the mortgage bubble inflate, and then explode, ought to pay attention to what's happening in the student loan market. The parallels may not be precise, but they are pretty darn scary.
November 9 - South Carolina
CertusBank in Greenville, S.C. said Wednesday that it agreed to buy $96 million of performing loans and $211 million of deposits from First Guaranty Bank Corp.
November 9 -
There's bad news for those who withdrew funds on Bank Transfer Day to punish the targets of their ire. Most banks don't really need their money at least not right now.
November 9 -
Western Liberty Bancorp Inc. in Las Vegas reported a third-quarter loss of $6.9 million, u 50% from the second quarter, due largely to a noncash goodwill impairment charge.
November 9 -
-
Anchor BanCorp Wisconsin in Madison is once again hoping it can push back to the due date of its line of credit.
November 8 -
Backed by private equity money, ex-execs of megabanks are taking over banks like FNB United in North Carolina. Their plans are ambitious, but skeptics question whether they know how to run community institutions.
November 8 -
First Citizens BancShares Inc., in Raleigh, N.C., said third-quarter profit rose 195% from a year ago, boosted in part by its acquisition of a failed bank in Colorado.
November 8 - Alabama
United Security Bancshares Inc. reported a loss of $1.3 million in third quarter as the Thomasville, Ala., company continued to be plagued by problem real estate loans.
November 8





