Community banking
Community banking
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ZSuite Technologies digitizes a number of services that banks provide to landlords.
August 16 -
The company will pay $113 million for a commercial lender based in its backyard.
August 16 -
With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.
August 15 -
Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark.
August 15 -
People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.
August 14 -
Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.
August 14 -
Indiana Members Credit Union will pay cash for Commerce Bank.
August 14 -
The Iowa company will pay QCR Holdings about $59 million for Rockland Bank and Trust.
August 13 -
Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell.
August 13 -
The Michigan company will pay $68 million to expand in a high-priority market.
August 13 -
The Los Angeles company said it is also looking into internal controls tied to construction lending.
August 13 -
CIT Group will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.
August 13 -
The companies said the merger will provide scale and help them update technology more efficiently.
August 12 -
Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. Check out our annual ranking of banks with $10 billion to $50 billion of assets.
August 12 -
President Trump is expected to sign legislation soon that would expand the number of farmers who could file under the more lenient Chapter 12. Ag lenders are worried because farm bankruptcies recently rose and the trade war with China could worsen.
August 11 -
The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan.
August 9 -
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.
August 9 -
Ancora Advisors also suggested that the company get rid of its current management team.
August 9 -
The bank will buy First State Bank of Mobeetie.
August 9 -
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.
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