Community banking
Community banking
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Led by energy, and bolstered by a diversifying economy, the Texas metropolis is drawing a wave of new banks to vie with the city's incumbents.
September 14 -
Massive consolidation is inevitable, say the pundits, but the heads of prospective buyers say they can wait out reluctant sellers and the uncertain economy.
September 14 -
The American Bankers Association is calling on the Treasury Department to provide more details about rejected applications for the Small Business Lending Fund.
September 14 -
The Federal Deposit Insurance Corp. plans to close its temporary suburban Chicago office next September, nine months earlier than expected.
September 14 -
John Koelmel, head of fast-growing First Niagara, found himself literally and figuratively in the middle of the jobs debate.
September 14 -
An interview last week with Federal Reserve Bank of Kansas City President Tom Hoenig yielded more than we could fit into our story on his plan to tighten up the federal safety net. Here's what else was on the regulator's mind.
September 14 -
Sixty-one small banks will receive a total of $608 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.
September 14 - California
Simone Lagomarsino reflects on the divisive debate on whether credit unions should be allowed to raise capital. Backers view such a move as a necessity for struggling credit unions, while detractors worry that it could cost the industry its tax-exempt status.
September 14 - California
Simone Lagomarsino took the helm of Heritage Oaks in Paso Robles, Calif., on Monday. The veteran banker has a long track record of selling banks, but says she is here to build value.
September 14 -
Despite an increase in the number of cyber attacks, losses to financial institutions and their customers have fallen over the last 18 months.
September 14 -
In what would be its first whole-bank acquisition since 2008, Prosperity Bancshares Inc. in Houston has announced plans to buy the $72 million-asset Texas Bankers Inc. in Austin.
September 14 -
American Banker Washington Bureau Chief Rob Blackwell discusses the status of the landmark banking legislation.
September 13 - Indiana
First Merchants Corp. in Muncie, Ind., used a regulatory filing Tuesday to disclose the names of the two private equity firms that participated in a recent private placement of common stock.
September 13 -
Webster Financial Corp. Chairman and Chief Executive Officer James C. Smith has no regrets about eliminating free checking for customers.
September 13 -
Bank of America is expected to close 750 branch offices nationwide. Community banks covet B of A's prime real estate, including Umpqua and First Niagara.
September 13 - Florida
The Federal Reserve on Tuesday announced a written agreement with Pinnacle Bank Holding Co. in Orange City, Fla.
September 13 -
Senate Banking Committee hosts academics for reprise of familiar debate over role of government.
September 13 - Texas
The chief executive at Texas Capital Bancshares Inc. says that regional banks like his are losing potential commercial loan business to deposit-rich larger banks that are undercutting them on rates and offering more favorable terms.
September 13 -
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After making five acquisitions in less than three years, People's United Financial Inc. in Bridgeport, Conn., is now turning its attention to slashing overhead and growing its balance sheet more organically.
September 12




