Community banking
Community banking
- California
The only CEO in the history of Kaiser Federal Bank in Covina, Calif., is stepping down at the end of this month.
June 7 - Minnesota
Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as president of its Florida operation.
June 7 -
Striking its second deal in three months, Opus Bank in Irvine, Calif., said it is buying the $682 million-asset RMG Capital of Fullerton, Calif., for $50 million in cash.
June 7 -
- Indiana
The former chief executive of Community Link Federal Credit Union in Huntington, Ind., claims he was fired as head of the $20 million-asset credit union because he shared information with examiners for the National Credit Union Administration on potential conflicts of interest on the board and other regulatory violations.
June 6 -
Data on bank branch deals announced so far this year shows a median deposit premium of 4%, an improvement of more than 60 basis points from the levels of the last two years.
June 6 -
The president of the Kansas City Fed sat down with American Banker to talk about a range of topics, including the missed opportunity to eliminate 'too big to fail' in Dodd-Frank.
June 6 - Wisconsin
Johnson Bank in Racine, Wis., has a new chief executive officer for the second time in less than six months.
June 6 - California
JPMorgan Chase & Co.'s push into California is a blessing or a curse, depending whom you ask, but it is definitely having a competitive impact.
June 6 - California
Upstart Opus Bank in Irvine, Calif., is embarking on an ambitious branch expansion plan to go along with is acquisition of a Seattle-area bank.
June 6 - California
Two weeks after announcing plans to open its first retail branch in Los Angeles County, First PacTrust Bancorp Inc. in Chula Vista, Calif., has struck its deal to buy a bank there.
June 6 -
Pacific Capital Bank has ditched its name and is consolidating its five separately branded banks under the name Santa Barbara Bank & Trust N.A.
June 6 - Oklahoma
Frontier State Bank's continuing legal battle with the Federal Deposit Insurance Corp. is gaining more attention from other revenue-starved banks.
June 3 - Ohio
Ohio's Liberty Savings Bank is exiting its home state and selling its 16 branches there to First Financial Bancorp of Cincinnati, tripling First Financial's footprint in Dayton.
June 3 - South Carolina
The closure Friday of the $208 million-asset Atlantic Bank and Trust in Charleston, S.C., was estimated to cost the Federal Deposit Insurance Corp. $36 million.
June 3 -
The closure Friday of the $208 million-asset Atlantic Bank and Trust in Charleston, S.C., was estimated to cost the Federal Deposit Insurance Corp. $36 million.
June 3 -
Community bankers are urging lawmakers to pressure the IRS into withdrawing a proposed rule requiring banks to report interest paid on deposit accounts of nonresidents.
June 3 -
Community bankers are urging lawmakers to pressure the Internal Revenue Service into withdrawing a proposed rule that would require U.S. banks to report to the IRS any interest paid on deposit accounts of nonresident aliens.
June 3 -
Ohio's Liberty Savings Bank is exiting its home state and selling its 16 branches there to First Financial Bancorp of Cincinnati, tripling First Financial's footprint in Dayton.
June 3 -
Banks thinking of scaling back loyalty programs should carefully weigh how to do it, because getting it wrong can alienate customers, even if they're still getting something for free.
June 2



