Community banking
Community banking
- South Carolina
Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.
October 28 -
Huntington Bancshares Inc. said it will be converting all of its debit cards to MasterCard Inc. from Visa Inc. But MasterCard's coup comes as new regulations and bank fees are cooling the potential of the overall debit market.
October 27 - Florida
BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.
October 27 - Illinois
The Federal Reserve has announced written agreements with three banking companies.
October 27 -
Recent predictions of the demise of branch banking can sound like the premature eulogies that have been floated since the advent of the Internet, but data suggests that a fundamental shift may be underway.
October 27 -
Many failed and open banks will be up for grabs across the South, the company says.
October 27 - Missouri
Enterprise Financial Services Corp. in St. Louis reported earnings of $9.7 million for the third quarter, nearly doubling its earnings from a year earlier, as the company made more money on loans and in its wealth management division.
October 27 -
WASHINGTON - Two Florida bank executives and one bank borrower were sentenced to federal prison Tuesday and ordered to pay nearly $100 million for attempting to defraud the Troubled Asset Relief Program.
October 27 - Alabama
James F. House soon will take the helm of United Security Bancshares Inc., a Thomasville, Ala., banking company that has hit hard times.
October 27 -
As they struggle to find new revenue sources, some community banks have latched on to a business line that once was the domain of big banks — mortgage warehouse lending. Community banker said they like the business due to a lower risk profile and because it's a natural fit with past experience in residential real-estate lending.
October 27 -
KeyBank said Wednesday it has appointed Rodney Drake as vice president and coordinator for its program geared towards low-income and underserved customers.
October 27 - Illinois
Credit quality is improving at Old Second Bancorp Inc., but the struggling company is still losing money.
October 27 -
Valley National Bancorp in Wayne, N.J., said its third-quarter profit rose 8.3% from the same period last year, as it made more real estate loans.
October 27 -
Entrepreneurs form startups to shake up the industry and bring in new ideas – a mindset that some are saying plays well with the themes behind the Occupy Wall Street protests.
October 27 - Georgia
Aided by a sharp drop in problem loans, Synovus Financial Corp. in Columbus, Ga., reported a third-quarter profit of $15.7 million — its first quarterly profit in more than three years.
October 27 -
Roughly 400 banks remain in Tarp, and it's not at all clear how they're going to get out, the special inspector general for Tarp said in a new report.
October 27 - Texas
Cullen/Frost Bankers Inc. said Wednesday that third quarter earnings were nearly flat from a year earlier.
October 26 -
Investors say their appetite for the nation's smallest banks has waned due to market uncertainty, leading more to consider bigger community banks.
October 26 - Washington
Sterling Financial Corp.'s shares jumped 11% Wednesday, to close at $15.02, after the once-embattled Spokane, Wash., company reported its highest quarterly profit in nearly four years.
October 26 -
As hundreds of national banks disappear and community banks increasingly chose a state charter, policymakers must consider the impacts.
October 26




