Community banking
Community banking
- Georgia
Ameris Bancorp in Moultrie, Ga., an active buyer of failed competitors, on Tuesday appointed a president for its bank.
November 30 - Iowa
Heartland Financial USA Inc. in Dubuque, Iowa, has picked up a team of mortgage bankers that had worked at a failed Arizona thrift.
November 30 -
Lawyers for the National Credit Union Administration met Tuesday to discuss whether a federal pay freeze proposed by President Obama would apply to raises eyed for agency employees.
November 30 -
- Ohio
The $1.9 billion-asset company said in a Nov. 24 regulatory filing that David Wesel is resigning his post at Peoples Bank, effective Dec. 10.
November 29 - Puerto Rico
Oriental Financial Group Inc. in San Juan, Puerto Rico, has joined a handful of banking companies by raising its quarterly dividend.
November 29 - Massachusetts
Boston Private Financial Holdings Inc. has named an insider as the president and chief executive of the unit Borel Private Bank and Trust Co.
November 29 - California
Though some credit union CEOs continue to express dismay at NCUA in the wake of its announced plan to expand its budget — and many employees' pay — in 2011, others are saying pay increases are a needed investment to avoid having to pay higher costs down the road as a result of insufficiently trained and staffed examination teams.
November 29 - Michigan
In less than a year it has transformed itself from a tiny, $75 million-asset bank in Troy that focused on private banking to an almost $2 billion-asset regional player with branches in two states and its sights set on further expansion.
November 29 - Alabama
Superior Bancorp in Birmingham, Ala., is seeking $58 million from the Gulf Coast Claims Facility, a fund created by the oil company BP to cover damages caused by the Deepwater Horizon oil spill.
November 24 - Massachusetts
Cambridge, Mass., wants vitality and diversity in its squares, but this may exclude bank branches.
November 24 - Florida
First Southern Bank in Boca Raton, Fla. is realigning its organization to make it easier to expand.
November 24 -
As more community banks gravitate to a strategy of quickly purging bad loans, Saehan Bancorp in Los Angeles has something to show for holding out.
November 24 - California
As more community banks gravitate to a strategy of quickly purging bad loans, Saehan Bancorp in Los Angeles has something to show for holding out.
November 24 - Mississippi
Despite its pending sale, Cadence Financial Corp. in Starkville, Miss., has been ordered to submit a capital plan to the Federal Reserve Board.
November 23 - Kentucky
Bank of Kentucky Financial Corp. in Crestview Hills has raised $28.1 million of capital that will go toward repaying the Treasury Department.
November 23 - Colorado
United Western Bancorp Inc. of Denver has received a noncompliance letter from the Nasdaq because it has yet to file its third-quarter results.
November 23 - Montana
Private-equity firms willing to fund cash-strapped banks are snatching opportunities from more traditional consolidators.
November 23 -
The American Bankers Association is set to imminently announce that it has chosen former Oklahoma Gov. Frank Keating to succeed Edward Yingling as president and chief executive officer next year.
November 23 -
Below is an edited transcript of Nov. 4 conversation between our roundtable participants and American Banker staff members. The participants were Robert Kafafian, the president of the Kafafian Group Inc., Theodore Kovaleff, an analyst at Horwitz & Associates, and Christopher McGratty, an analyst at KBW Inc.'s Keefe, Bruyette & Woods Inc.
November 23


