Community banking
Community banking
-
The $4.3 billion-asset parent of Century Bank and Trust Co. said in a press release Tuesday that its net income increased 5.2% in the quarter from a year earlier to $6.4 million, or $1.16 a share.
October 12 -
About two-thirds of banks that close branches will lose deposit share in their impacted markets in time. Here's how to prevent customers from leaving your bank.
October 12 -
Bank holding companies in Alabama and Pennsylvania have changed or plan to change their names to more closely reflect the identities of their banks.
October 11 -
Large banks are outpacing community banks in deposit gathering because new liquidity rules make deposits more valuable to the biggest banks, mobile banking has been a deposit magnet for the heavyweights, and regional and midsize players hold certain advantages over smaller rivals, too.
October 11 - Tennessee
First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region.
October 11 -
Enterprise Financial Services in Clayton, Mo., has agreed to acquire Jefferson County Bancshares in Festus, Mo.
October 11 -
Just like climate change, it is impossible to deny the gender bias in banking. Instead of sweeping bias under the rug, seek out the inequalities and unfair practices and fix them.
October 11 - Pennsylvania
Mid Penn Bank in Millersburg, Pa., is expanding its retail presence in one of the state's fastest-growing counties.
October 7 -
Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus' deep pockets will help him make Ascentium Capital a household name among small-business borrowers.
October 7 - New York
Berkshire Hills Bancorp in Pittsfield, Mass., plans to accelerate its growth in upstate New York by opening regional headquarters in Albany.
October 7 -
It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.
October 7 -
Two community banks have put forward plans for a speedier U.S. payment system. They're up against the industry's giants.
October 6 -
WASHINGTON A bipartisan group of House lawmakers on the financial services panel introduced legislation Wednesday that would help banks remotely open accounts.
October 6 -
Bank of Commerce in Sarasota, Fla., will change hands following a bankruptcy auction.
October 6 -
The Massachusetts banker is honored for her commitment to financial education and entrepreneurship.
October 6 -
Large banks aren't the only financial institutions producing up-and-coming executives. Five executives on American Banker's list of Women to Watch hold key positions at banks with less than $30 billion in assets.
October 6 -
Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy the assets and certain liabilities of a wealth management firm in Vermont.
October 6 -
Salem Five Bancorp has agreed to buy Georgetown Bancorp in a deal that will combine two Massachusetts banks.
October 6 -
Banks must work to attract a diverse workforce through recruiting efforts, and to close the retention gap that sees institutions lose a higher percentage of women leaders compared to those who are men.
October 6 -
The 1.35% delinquency rate was the lowest since at least 2001, and it marked nearly four years of delinquencies below the 15-year average of 2.21%.
October 5





