Community banking
Community banking
- Pennsylvania
Customers Bancorp in Wyomissing, Pa., plans to sell $50 million in common stock.
August 12 - Kentucky
Farmers Capital Bank in Frankfort, Ky., will consolidate its four banks under a single charter.
August 12 -
CNB Financial in Clearfield, Pa., has picked a veteran director to be its next chairman, the sixth in the company's 32-year history.
August 11 - WIB PH
The $3.4 billion-asset company said in a press release that the division will offer a variety of SBA products.
August 11 -
A new exam handbook released by the Office of the Comptroller of the Currency is sparking concerns that the agency is quietly expanding heightened regulatory guidelines meant for larger banks to smaller institutions.
August 11 - South Dakota
Meta Financial Group in Sioux Falls, S.D., has expansion in mind, citing M&A and other growth-related pursuits as the reasons behind a $75 million debt issuance.
August 11 -
Old Line Bancshares in Bowie, Md., has issued $35 million in subordinated debt to help pay for an acquisition and for growth moves down the road.
August 11 - Texas
Many energy lenders are paring back exposure to the energy sector, creating opportunities for banks like First Horizon and Bank of the Ozarks.
August 11 -
Carrie Dolan steps down as CFO of Lending Club. All eyes are on Marissa Mayer's next move as the Yahoo-Verizon deal plays out and speaking of women righting ships: Mary Hines talks about reviving Citi's loyalty program.
August 11 -
A Federal Housing Finance Agency rule that will force some members of the Federal Home Loan Bank System out next year is likely to have a material effect on several of the cooperative institutions.
August 11 - Connecticut
Patriot National Bancorp in Stamford, Conn., is in the market for a new chief executive.
August 11 -
Small-business owners are struggling to understand the cost of loans sold by marketplace lenders. To remedy this, the industry must embrace a disclosure box that includes these five principles.
August 11 - Ohio
Lending margins are once again contracting thanks to a confluence of factors, and bankers are doing everything from shifting cash into higher-risk securities to reconfiguring branches to pad profits.
August 10 -
First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.
August 10 -
Enterprise Financial Services in Clayton, Mo., said Wednesday that it has promoted James Lally to president.
August 10 - Delaware
The Bancorp in Wilmington, Del., is being investigated by the Securities and Exchange Commission for restating more than three years of financial statements.
August 10 -
Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.
August 10 -
Mercantile Bank and Dime Community recently outlined plans for their CEOs' retirements, while Cullen/Frost made the transition earlier this year. Each transition is anchored in a belief that success hinges on turning day-to-day operations over to a trusted lieutenant.
August 10 - Indiana
Old National Bancorp in Evansville, Ind., has agreed to buy its headquarters building and two other branches from a landlord.
August 10 -
The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act's "good neighbor" policy can continue.
August 10





