Community banking
Community banking
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Frustrated by a dearth of deals, a growing number of community banks are repurchasing their own shares and keeping them on hand for future opportunities.
October 6 -
First Tennessee Bank in Memphis is taking an unusual approach with its new debit card fees: instead of collecting a monthly fee, the bank will charge its customers a few cents every time they use their debit cards.
October 6 -
The president offers a sharp critique of the banking industry, while saying that he does not believe the government should dictate how much profit private companies make.
October 6 -
Alliance Data Systems Corp. will take over the private-label credit card program for Pier 1 Imports Inc., the retailer said Thursday.
October 6 - WIB PH
2011 Most Powerful Women in Banking festivities kicked off Wednesday night at the Gansevoort Park Avenue Hotel in New York.
October 6 -
Capital rules, too big to fail, the European crisis and other wild cards are holding back deals, Jonathan Pruzan says. But a burst of mergers among midsize banks is possible.
October 6 - South Dakota
The president of Home Federal Bank in Sioux Falls, S.D., has stepped down after less than a year on the job.
October 6 -
A private-equity backed North Carolina holding company is acquiring the remaining shares of VantageSouth Bank that it does not already own and merging the bank with its other subsidiary.
October 6 -
Data released Wednesday by the U.S. Small Business Administration shows that banks are willing to finance small businesses — as long as the loans are backed by a government guarantee.
October 5 -
With M&A and the economy at a standstill, bank executives will have a hard time explaining how they can grow when they report third-quarter results.
October 5 - Washington
Bryan McDonald will become president and chief executive of Whidbey Island Bank in Coupeville, Wash., on Jan. 1.
October 5 -
Huntington Bancshares Inc. of Columbus, Ohio, and Security California Bancorp of Riverside, Calif., will add offices in the coming months.
October 5 - Massachusetts
Bank executive makes good on promise to repel off building for a charitable cause.
October 5 -
Patriot Financial has money to invest, but before community bank executives pick up the phone to request a meeting they should know what the private-equity firm wants and doesn't want.
October 5 -
A 15% annual rate of growth in commercial lending at big banks helped absorb surging deposits, according to preliminary data. But loan growth was weak at small banks, leaving bulges in holdings of cash and securities alone.
October 4 -
According to new market share data released by the Federal Deposit Insurance Corp. Tuesday, banks and thrifts with $10 billion or more of assets controlled 72% of the nation's bank deposits at June 30, up from 70% at the same time last year and 68.5% in 2008.
October 4 -
Select Bank & Trust Co. in Greenville, N.C., said Tuesday it will acquire Gibsonville Community Bank from Bank of Atlanta.
October 4 -
Word that a banking pool had returned its money to investors prompted our assistant managing editor to take a second look at the state of banking. The answers are discomforting.
October 4 -
All of the bank-bashing I've witnessed in recent months has me reflecting on one of my favorite Buffett lines. I'm talking about Jimmy, not Warren.
October 4 - Texas
Texas Exchange Bank in Crowley, Texas, said Tuesday that it had expanded into two cities to meet an increasing demand for commercial loans.
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