Community banking
Community banking
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HMN Financial in Rochester, Minn., has agreed to buy a branch from Deerwood Bank in Deerwood, Minn.
November 20 -
County Bancorp in Manitowoc, Wis., has agreed to buy Fox River Valley Bancorp in Appleton, Wis., for about $29 million.
November 20 -
The agency's board, however, delayed action on a contentious proposal to increase a key population threshold for determining fields of membership in metropolitan markets. Bankers remain on alert, however, because the agency has indicated an interest in revisiting the issue.
November 19 -
WASHINGTON The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.
November 19 -
First Bancshares in Hattiesburg, Miss., has agreed to buy Mortgage Connection in Jackson, Miss.
November 19 - California
California regulators have approved a request from private-equity firm Carpenter & Co. to raise capital for a new state-chartered bank.
November 19 -
Avidbank Holdings in Palo Alto, Calif., has raised $12 million through a private placement of debt.
November 19 -
Overall U.S. auto debt surged to $1.05 trillion in the third quarter, and the rise in subprime auto loan originations has heightened the New York Fed's concerns about that market.
November 19 - Wisconsin
County Bancorp in Manitowoc, Wis., has selected former Kimberly-Clark executive Kathi Seifert to be a director.
November 19 -
The industry deserves credit for rebuilding the Deposit Insurance Fund after the crisis, but victory is far from achieved in preparing agency reserves for the next crisis.
November 19 -
More banks are looking to buy commercial loans for reasons ranging from a dearth of organic opportunities to a need to diversify their asset mix. That surge in demand is creating an imbalance that benefits banks that have been able to make more loans.
November 19 -
Stonegate Bank in Pompano Beach, Fla., has begun offering a MasterCard debit card for use by U.S. citizens while traveling in Cuba.
November 19 -
Presuming that medium-sized banks that offer hedging products face added interest-rate-risk fears misses the full story.
November 19 -
TotalBank in Miami has terminated 58 employees in operating and commercial job functions, after it upgraded its technology.
November 19 -
Republican presidential contenders are off base when they claim the Dodd-Frank Act spurred the decline in community banks, which in fact predated the law.
November 19 -
LegacyTexas Financial Group in Plano will issue $75 million in subordinated debt for potential acquisitions and other uses.
November 18 -
Commercial and retail banking customers in some cases are being marginalized from the financial system, making de-risking a pressing social-policy issue, a Bank of America official said at a Clearing House conference.
November 18 -
First South Bancorp in Washington, N.C., will close three branches as part of a larger branch-restructuring plan.
November 18 -
The New York Department of Financial Services' letter indicating potential cyber rules are prompting concerns that the state's plans could lead to more stringent measures throughout the industry.
November 18 -
The private equity firm founded by Eugene Ludwig has sold about 6% of its stake in Seacoast Banking Corp. of Florida for $7.3 million.
November 18




