Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

Most banks have an array of charitable endeavors designed to get workers involved. But the ones on our Best Banks list have built an emotional connection with employees

Sure, M&A is a good option, but so are branch deals or key hires, say two veteran bankers who shared some of their successful strategies at American Banker’s Retail Banking Growth Stories conference.

Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in the Sunshine State.

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.

Some lenders, especially in markets like California, are preparing in case of a technology-industry stumble that hurts business, real estate and other loan segments. Whether those fears are well founded is a matter of debate.

Regional and community banks are working to finance the economic development districts created by the new law. But they have lots of questions about how the program works — and thoughts on how to improve it.

The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

On Dec. 31, 2018. Dollars in thousands.

On Dec. 31, 2018. Dollars in thousands.

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.