Community banking
Community banking
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Good old-fashioned commercial credit analysts are a dying breed, David Nicholson says. Community banks need them to stay competitive in C&I, but training courses have been cut back. So he’s on a mission to teach as many students as he can.
August 9 -
The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.
August 9 -
While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.
August 9 -
While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor.
August 9 -
Montana Sen. Jon Tester was among a handful of Democrats central to passing regulatory relief this spring. Bankers need to back his re-election regardless of party affiliation.
August 9 -
Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.
August 8 -
While most acquirers are content to let cost savings trickle down to the bottom line, WSFS will use the purchase of Beneficial to reinvent itself.
August 8 -
The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.
August 8 -
The former Trump campaign chair got $16 million in mortgages from The Federal Savings Bank. His trial is shedding new light on what the bank's CEO allegedly received in return.
August 7 -
N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.
August 7 -
Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.
August 7 -
The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National.
August 6 -
Bankers at Sonoma Valley Bank were convicted of bank fraud, money laundering and other offenses.
August 6 -
A $52 million-asset African-American-owned bank in South Carolina is hoping its efforts can be expanded to help underbanked consumers nationwide.
August 6 -
BofI has agreed to buy $3 billion of deposits from Nationwide Bank as part of the insurance giant's exit from retail banking. The deal comes three years after BofI bought H&R Block Bank's deposits.
August 3 -
Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.
August 3 -
Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.
August 3 -
The Senate has no reason to stall the nomination of Michelle “Miki” Bowman to fill the central bank’s community banker seat.
August 3 -
Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.
August 2 -
A task force created by the American Bankers Association asserts that applying for a bank charter is too time-consuming and that some de novo rules are too rigid.
August 2






















