Community banking
Community banking
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The Atlanta Development Authority is shuttering a new homebuyer assistance program because the program's servicer, Bank of America, has decided to exit the correspondent lending business.
September 26 -
McGraw-Hill disclosed Monday the SEC is weighing action against its Standard & Poor's Ratings Services unit tied to its ratings for a collateralized debt obligation dating back to the financial crisis.
September 26 -
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These women some newcomers, and some familiar faces in new roles are on the rise and well positioned to shape the industry for years to come.
September 25 -
Whether they work in insurance, on Wall Street, or at credit card companies, these women are all making a mark on the industry.
September 25 -
State regulators closed a bank on each coast Friday, bringing the failure tally this year to 73.
September 23 -
The acquisition of a small Dallas-area bank has been called off because the buyer was unable to raise enough capital to complete the deal.
September 23 -
From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.
September 23 -
Alternative capital instruments would allow mutually held banks to become more vital providers of financial services.
September 23 - Maryland
Contrary to many community banks, Eagle Bancorp of Bethesda, Md., has strong loan demand and lacks sufficient deposits to cover the loans. Eagle CEO Ron Paul and analysts cite the relative economic health of the Washington area for Eagle's growth, leading to a need for creative solutions.
September 23 - Florida
The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Texas, citing credit and capital concerns.
September 23 -
Sandler O'Neill & Partners analyst Kevin Fitzsimmons on Friday lowered his 2012 earnings estimates for 11 regional and community banks amid concern about weak loan demand and mounting pressure on net interest margins.
September 23 -
Shareholders at Nara Bancorp and Center Financial have approved the planned merger of the two Los Angeles companies.
September 23 -
Dodd-Frank will prove hugely expensive and still fail in its main mission of preventing the next financial crisis. Blame Washington and its flawed assumption that it can micro-manage the banking system.
September 22 -
To hedge against bad surprises in a seller's portfolio, some buyers are making part of the payout contingent on the performance of certain loans or batches of them. If things go well, the practice can help the seller, too.
September 22 -
First National was looking to sell – for the second time. Kevin Fowler, whose return to banking as president of Rockwall Bancshares followed a failed bid for office, was looking to enter the Dallas market. A match was made.
September 22 - Ohio
Battered by losses on soured loans, First Place Financial Corp. in Warren, Ohio, said this week that it is planning to restate its earnings for its past three fiscal years.
September 22 - Texas
The Federal Reserve on Thursday announced that it has reached a written agreement with SWNB Bancorp Inc. in Houston.
September 22 - Maryland
First Mariner Bancorp in Baltimore said Thursday that it has reached an extended deadline for a proposed recapitalization by a New York fund.
September 22






