Community banking
Community banking
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Farmers National Banc in Canfield, Ohio, has agreed to buy Tri-State First Banc in East Liverpool, Ohio.
June 24 -
Access National's four-year-old wealth management subsidiary has grown rapidly and is poised to enter the black. The allure of fee revenues has drawn many community banks into this field amid weak loan growth and tight interest margins.
June 24 -
We polled a number of prominent women in banking to ask who they believed should replace Alexander Hamilton as the face of the $10 bill. Here are some of their suggestions.
June 24 -
Northwest Bancorp. in Spokane, Wash., has agreed to buy Fairfield Financial Holdings in Fairfield, Wash., for about $21 million in cash. The deal is expected to close in the fourth quarter.
June 24 -
Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.
June 23 - Wisconsin
Johnson Financial Group in Racine, Wis., has promoted an executive in its insurance division to chief financial officer.
June 23 -
The second-largest provider of U.S. mortgages through brokers is bringing back a debt type that's almost disappeared since the financial crisis: Interest-only loans.
June 23 -
Flagstar Bancorp in Troy, Mich., has hired industry veteran Leonard Israel to lead its mortgage division.
June 23 - Maryland
Glen Burnie Bancorp in Maryland has hired an executive from Patapsco Bank to be its new chief financial officer.
June 23 - Michigan
ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.
June 23 -
Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.
June 23 -
PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.
June 23 -
The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.
June 22 -
Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.
June 22 -
Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.
June 22 -
ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.
June 22 -
Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.
June 22 -
Dickinson Financial in Kansas City, Mo., has consolidated several of its banks charters to cut costs and improve marketing to military members.
June 22 -
CoBiz Financial in Denver plans to issue up subordinated debt to redeem its shares in the Small Business Lending Fund.
June 22 - Illinois
Royal Financial in Chicago has agreed to sell $29.1 million in distressed assets, a deal mandated by a bankruptcy judge as part of the company's acquisition of PNA Bank.
June 22




