Community banking
Community banking
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Camden National in Camden, Maine, has agreed to buy SBM Financial in Portland, Maine.
March 30 - North Carolina
Four Oaks Fincorp has added a pair of directors with close ties to the Four Oaks, N.C., company.
March 27 - Washington
Foundation Bancorp in Bellevue, Wash., has sold $15 million of convertible preferred stock in a private offering.
March 27 -
Village Bank and Trust Financial in Midlothian, Va., has raised nearly $9 million by selling shares to existing investors.
March 27 -
United Community Banks took hefty hits during the financial crisis due to its focus on real estate lending. Today, the Georgia company is diversifying by building teams dedicated to SBA lending and making other specialty loans.
March 27 -
Retailers have been able to get credit card surcharge bans in California and New York thrown out by using an unusual legal argument based on the First Amendment. The wins are significant, but merchants still need to fight through a legal thicket before card surcharges become practical.
March 27 -
First West Virginia Bancorp in Wheeling has removed the interim tag from William Petroplus' title as president and chief executive.
March 27 -
Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company
March 27 -
First Interstate BancSystem in Billings, Mont., has agreed to buy Absarokee Bancorp. in Absarokee, Mont.
March 26 -
The Securities and Exchange Commission just gave unregistered banks a way to quickly raise capital at a fortuitous time and marketplace lending platforms a way to reclaim their peer-to-peer roots.
March 26 -
The $24 billion-asset company said in a press release Thursday that Robert Holmes will become president and chief executive of its St. Louis market on March 31.
March 26 -
Toronto-Dominion Bank would consider small retail bank takeovers in the U.S. Southeast to expand its branch network on the Eastern Seaboard, Chief Executive Officer Bharat Masrani said.
March 26 - Pennsylvania
The $969 million-asset company said in a press release Thursday that the Office of the Comptroller of the Currency had lifted a September 2010 consent order against First National Community Bank.
March 26 -
Farm banks have enjoyed several years of robust loan volume, but declining farm income has them on guard for increases in delinquencies and more eager to use government-guarantee programs.
March 26 -
Seacoast Banking Corp. of Florida in Stuart has agreed to buy Grand Bankshares in West Palm Beach, Fla.
March 26 -
Atlantic Capital Bancshares in Atlanta has agreed to buy First Security Group in Chattanooga, Tenn.
March 25 -
A top Democratic lawmaker said Wednesday that the compliance burdens placed on small and medium sized banks outweigh the risks they pose to the financial system.
March 25 -
Spring is here, making it a good time to review banks' wide-ranging marketing efforts at all levels of baseball, from the majors to college.
March 25 -
The economy has improved, and banks are doing a better job of making money, but activist investors are still putting pressure on certain community banks. Here is an overview of banks that are facing proxy battles in coming months.
March 25 -
While a number of community banks are preparing for lock horns with dissident shareholders, a bank in Indiana managed to work with an activist to avoid a nasty brouhaha.
March 25







