Community banking
Community banking
-
OneUnited in Boston recently issued a debit card supporting immigrants, taking a public stand on a divisive national issue.
July 18 -
Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.
July 18 -
Organizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application.
July 17 -
Matthew Prosseda, former president and CEO of First Keystone Community Bank, was hired by Kafafian Group to advise banks on strategic planning.
July 17 -
The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence.
July 17 -
The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.
July 16 -
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.
July 16 -
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.
July 16 -
Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.
July 16 -
While the Small Business Investment Companies program has reported disappointing results since its 2015 peak, participating funds are getting more looks from curious bankers.
July 12 -
The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.
July 12 -
The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp.
July 12 -
Good times end eventually. And it is inevitable that some new approach to banking will cause financial institutions to fall flat in a downturn.
July 11 -
Moxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina.
July 11 -
The sale includes 160,000 accounts and more than $400 million in deposits.
July 10 -
The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.
July 10 -
A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change.
July 10 -
Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.
July 10 -
Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.
July 10 -
Branding can help define a de novo's strategy — and be costly and confusing to change if not done well.
July 10






















