Community banking
Community banking
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Huntington Bancshares in Columbus, Ohio, will add $45 million to its litigation reserve in the third quarter after a judge ordered it to repay $71.8 million to the victims of a fraud scheme.
September 30 -
Allowing branch employees to become personally involved in marketing and merchandising tends to make them more engaged as salespeople.
September 30 -
Great Southern Bancorp in Springfield, Mo., has agreed to buy 12 branches around St. Louis from Fifth Third Bancorp in Cincinnati.
September 30 -
OFG Bancorp in San Juan, Puerto Rico, will record a pretax loss of roughly $21 million after its sells all remaining nonperforming assets from its 2010 purchase of the failed Eurobank.
September 30 -
Bank of Hawaii in Honolulu is getting out of the aircraft leasing business.
September 30 -
Get a bunch of community bankers together and they start sharing efficiency ratios like golf scores. There seem to be more bogeys than holes in one these days in the course of cost-cutting.
September 30 -
The embattled Bancorp in Wilmington, Del., has named Steven Turowski chief risk officer and submitted some previously delayed financial reports that shed more light on its financial condition.
September 29 -
A long-expected change to the rules for provisioning against bad loans is coming soon, and opponents are going on the offensive, arguing that it is impractical and would be especially hard for small banks to comply with. But few concessions, if any, are predicted.
September 29 - Washington
Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.
September 29 -
Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.
September 29 - Wisconsin
Nicolet Bankshares in Green Bay, Wis., has redeemed about half of its outstanding preferred stock in the Small Business Lending Fund.
September 29 - California
1st Century Bancshares in Los Angeles has filed plans to raise $30 million through a sale of common stock.
September 28 -
The deadline for EMV migration in this country is this Thursday. Here's what will and won't happen on that day, and what challenges lie ahead for banks and their customers.
September 28 -
A number of New York banks are stepping away from medallion lending as delinquencies rise and competition for fares intensifies.
September 28 -
The $4.8 billion-asset HomeStreet said in a press release Monday that it will pay $49.8 million in stock, or $11.70 a share, and $5.5 million in cash for the $200 million-asset Orange County Business Bank.
September 28 -
The $417 million-asset company appointed John Kaufman, 33, as CFO on Friday, according to a news release. Kaufman was also named CFO of MSB's Millington Savings Bank.
September 28 - Nebraska
Pinnacle Bancorp in Central City, Neb., has agreed to buy Woodhaven National Bank in Fort Worth, Texas.
September 25 -
Cardinal Financial made a big push into wealth management a decade ago. Today, it remains an inconsistent business, though management is optimistic about the future.
September 25 -
The CFPB is rewriting the rules for debt collection, and in the meantime fines and penalties are coming fast and furiously. Banks need to closely scrutinize every debt collector and debt buyer they do business with, or even bring collections back in-house, said attorney Joann Needleman.
September 25 -
Berkshire Hills Bancorp in Pittsfield, Mass., has named a new president and chief operating officer for its bank.
September 25





