Community banking
Community banking
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Depositors at mutuals in Ohio and Massachusetts have approved measures making it more difficult for their institutions to convert to stock ownership. Still, many industry observers believe the mutual industry is poised for more consolidation.
August 19 - California
Heritage Oaks Bancorp in Paso Robles, Calif., has named Jason Castle chief financial officer, following CFO Lonny Robinson's resignation after grooming him for the job.
August 19 -
Heartland Bancorp in Bloomington, Ill., has agreed to buy National Bancorp in Schaumburg, Ill., Crain's Chicago Business reported.
August 19 -
BB&T in Winston-Salem, N.C., plans to close 25 branches as part of its integration of National Penn Bancshares in Allentown, Pa.
August 19 -
In this post-apocalyptic world of apps and bots, community banks lay in ruin, fintechs come and go, and megabanks dot the vast desert wasteland.
August 19 -
F.N.B. in Pittsburgh has shuffled its management ranks, after John Williams announced his retirement as bank president.
August 18 -
A look at how Dodd-Frank has affected the banking industry, and what other forces are at play.
August 18 -
The $3.9 billion-asset Luther Burbank Savings has opened retail loan origination offices in several Southern California cities to produce more jumbo mortgages. It is one of several lenders in the region that think jumbo loans are worth the risks to achieve growth.
August 18 -
The Pennsylvania company chose to sell to a much larger bank rather than buy smaller rivals or manage assets to delay added regulatory burden. More banks could follow that example. The only thing missing is interest from regional suitors.
August 18 - Arkansas
Home BancShares in Conway, Ark., has promoted John "Stephen" Tipton to chief operating officer, after the position had been vacant for about five years.
August 18 -
The North Carolina regional bank is placing a big bet that targeting Pennsylvania's high earners will offset the state's reputation for having slower-than-average growth.
August 18 -
Simmons First National in Pine Bluff, Ark., has promoted several executives, as David Bartlett announced his plans to retire as president and chief banking officer.
August 18 - Maryland
Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.
August 18 -
Regent Bank in Davie, Fla., has promoted Dawn Calder to the newly created position of chief credit officer.
August 18 -
The recapitalization will allow City National Bank to continue as a certified Community Development Financial Institution, the bank said.
August 18 -
Rather than simply considering whether a prospective borrower's business contributes to climate change, banks are slowly turning their attention to making sure borrowers in a variety of industries account for how climate change could affect them.
August 18 -
The North Carolina company had made it clear it would pursue more acquisitions after closing its purchase of the $19 billion-asset Susquehanna Bancshares earlier this year.
August 17 -
First National Bank of Pana in Illinois has agreed to buy The State Bank of Blue Mound in Illinois.
August 17 - Massachusetts
PeoplesBank in Holyoke, Mass., will promote its chief financial officer to lead the bank, as Chief Executive Douglas Bowen plans to retire.
August 17 -
First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.
August 17




