Community banking
Community banking
-
Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.
February 16 -
Triumph Bancorp has developed technology to help freight brokers make faster payments to truckers, charging a fee for the service.
February 16 -
Their partnership aims to make it easier for community banks and other institutional investors to vet loans that they could buy from online lenders.
February 16 -
The Chicago institution, formed in 2010 to buy the failed ShoreBank, has hired Sandler O'Neill to gauge interest from potential buyers, according to a published report.
February 15 -
Having solid relationships with those who cover the banking industry can lend credibility to management teams, especially when times are tough.
February 15 -
The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.
February 14 -
The company, which recently shared a three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the ouster of its CEO.
February 14 -
Nonbank mortgage firms are seeking formal assurance from the Consumer Financial Protection Bureau that they will not become subject to surprise audits or enforcement without involvement of a state regulator.
February 14 -
Achieva Credit Union, which recently formed a business to advise other acquisition-minded credit unions, has agreed to buy Preferred Community Bank.
February 14 -
A strategic payments plan could shine a light on critical gaps in a community bank’s offerings; one frequently missed opportunity is credit cards, writes Deborah Matthews Phillips, managing director of payment strategy for Jack Henry & Associates.
February 14 -
The company agreed to buy Bank of River Oaks for $85 million in cash.
February 13 -
The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati.
February 13 -
People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.
February 13 -
HopFed was ordered to pay the legal fees for Stilwell Group, which sued the bank after its directors passed a bylaw intended to keep the investor off its board.
February 12 -
The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.
February 12 -
As the economy strengthens, more banks are facing pressure to pay up for the best lenders and tech specialists.
February 12 -
Wells Fargo’s troubles show that the bank needs to rebuild trust with consumers and the diverse neighborhoods where it operates in order to succeed.
February 12 -
The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.
February 12 -
Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.
February 9 -
Codorus Valley Bancorp fired Dwight Utz, the head of its bank unit, "without cause" just a few weeks after reporting earnings of $12 million for 2017.
February 8






















