Community banking
Community banking
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Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?
November 25 -
The company hired two bankers from CIBC to lead the newly formed group.
November 25 -
The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.
November 25 -
Collins Community Credit Union has agreed to buy First Savanna Savings Bank.
November 25 -
George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.
November 24 -
The company also disposed of a large agricultural loan that was nonperforming.
November 22 -
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.
November 22 -
New American Customer Satisfaction Index data shows consumers slightly favored banks, which are benefiting from investments in technology.
November 21 -
Nearly one in four bankers said that the tech giants pose the biggest competitive threat in the long term. But are those fears warranted?
November 21 -
The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.
November 20 -
The once-acquisitive company appears ready to come off the sidelines, but will it be as a buyer or seller?
November 19 -
An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.
November 19 -
Consumer demand for digital financial services will inspire a wave of new partnerships.
November 19 -
United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.
November 18 -
Stephen Calk, who faces a bribery charge in connection with loans his bank made to former Trump campaign chair Paul Manafort, is asking a judge to suppress evidence that prosecutors obtained from his mobile phone.
November 18 -
The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.
November 18 -
It’s only a matter of time before Silicon Valley “overturns more complex banking functions”; banks would have to help FinCEN identify suspicious firearms sales.
November 18 -
More banks in the state are considering acquisitions to cut costs and combat margin pressure.
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