Community banking
Community banking
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The trade group is calling for increased scrutiny of tech companies that are increasingly encroaching on banks' turf, but Georgia banker Dan Blanton says banks also need to be thinking about ways to team up with these new players in payments and lending or figuring out how to beat them at their own game.
November 18 -
Entegra Financial in Franklin, N.C., has adopted a plan to preserve the value of about $12.2 million deferred tax assets.
November 18 -
Trustmark in Jackson, Miss., has named Granville Tate Jr. its top legal eagle.
November 18 -
Private-equity investors in Opus Bank in Irvine, Calif., are cashing in some of their chips.
November 18 -
A joint venture formed by a regional credit union trade group and a loan servicer has a simple mission: to help small credit unions that lack expertise in SBA lending jump into the booming 7(a) market.
November 17 -
Farmers Capital Bank in Frankfort, Ky., has hired a business lawyer as chief operating officer.
November 17 - West Virginia
City Holding in Charleston, W.Va., will be looking to name a new chairman, after Philip McLaughlin said he will resign at the end of the year.
November 17 - Connecticut
Bankwell Financial Group in New Canaan, Conn., said chief operating officer Gail E. D. Brathwaite will resign from the company on Dec. 11. She has agreed to continue working with the bank as a consultant through June 30.
November 16 -
Community banks are embracing branch innovations to deliver a more personalized experience to customers, and differentiate themselves from larger competitors.
November 16 -
KeyCorp and New York Community Bancorp are among a number of buyers pledging to aggressively cut costs at acquired banks. There are plenty of ways to go about it, but acquirers risk cutting too deeply in the effort to appease wary investors.
November 16 -
Coastal Banking in Beaufort, S.C., has redeemed stock that it originally issued as part of the Troubled Asset Relief Program, after it obtained a $10 million loan.
November 16 -
BNC Bancorp in High Point, N.C., has agreed to buy a local rival, High Point Bank Corp., for $141.3 million.
November 16 -
Parkway Bancorp in Harwood Heights, Ill., no longer plans to buy Park Bancorp in Chicago.
November 16 -
Heartland BancCorp in Gahanna, Ohio, has raised $5.4 million in a private placement.
November 13 -
Calvin B. Taylor Bankshares in Berlin, Md., has named professionals from the hospitality and accounting industries to its board.
November 13 -
WSFS Financial in Wilmington, Del., has hired Kevin Thompson as chief financial officer. He succeeds Steve Fowl, who in the first quarter became CFO of Seacoast Banking in Stuart, Fla.
November 13 -
BankUnited expects to receive about $393 million in proceeds from the offering. It plans to use the proceeds for general corporate purposes, including investments in and advances to its bank subsidiary.
November 13 -
WASHINGTON The Federal Deposit Insurance Corp. reissued a document on Friday that clarifies when a deposit is considered brokered.
November 13 -
The $610 million-asset company named Tim Schools president and CEO of both the holding company and Highlands Union Bank, pending regulatory approval.
November 13 - Illinois
Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.
November 13



