Community banking
Community banking
-
The New Jersey company's entrée into New York City had been expected for years. A week after opening an office on Madison Avenue, ConnectOne is eager to court small businesses and identify possible people to hire.
July 20 -
Radius Bank's partnership with online investment firm Aspiration highlights a nascent trend among small banks in the race to win millennial customers: partnering with fintech firms rather than opening branches.
July 20 - Pennsylvania
Bryn Mawr Bank in Pennsylvania said its chief financial officer resigned and it appointed two interim executives to fill his roles.
July 20 -
Regulators and Congress can take several key steps to ease community banks' burden, from implementing tiered regulation to requiring less frequent call reports. And they should also remember that banks are innocent until proven guilty.
July 20 -
Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.
July 20 -
- Tennessee
First Horizon National in Memphis, Tenn., returned to profitability after reporting a staggering first-quarter loss tied to a mortgage settlement.
July 17 -
Sunshine Bancorp in Plant City, Fla., has agreed to buy two branches from First Federal Bank of Florida.
July 17 -
The Minneapolis investment bank, for the most, didn't serve financial institutions. It hopes to change that with a number of key hires and the purchase of a Chicago boutique firm.
July 17 -
A new proposal by the FDIC could further discourage the use of noncore deposits, including those facilitated by deposit brokers and listing services and even certain reciprocal instruments not subject to the brokered-fund penalty.
July 17 -
Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.
July 17 - Colorado
CoBiz Financial in Denver has added the owner, chairman and chief executive of the Colorado Rockies baseball franchise to its board.
July 17 - Wisconsin
The $625 million-asset company said in a press release Thursday that Greg Remus will become its CEO on Oct. 1. He will succeed Ray Lipman, who will remain chairman.
July 16 -
Washington Federal in Seattle reported higher quarterly profit due to gains from the sale of foreclosed properties and certain investments.
July 16 - New York
M&T Bank in Buffalo, N.Y., reported higher quarterly profit that reflected increased fees and higher net interest income.
July 16 -
PacWest Bancorp, the parent of Pacific Western Bank in Los Angeles, reported earnings of $85.1 million in the second quarter, up 16% from the prior quarter.
July 15 -
Peoples Bancorp in Ohio wants to encourage cross-selling but limits the use of employee incentive payments to make it happen. Instead, Peoples is trying to build a corporate culture in which employees understand all of its products and want to help their colleagues sell them.
July 15 -
BancFirst in Oklahoma City has agreed to buy CSB Bancshares in Yukon, Okla.
July 15


