Community banking
Community banking
-
A proposal to tighten membership requirements for Federal Home Loan Banks could hamper community lenders' ability to assist in affordable housing and community development programs.
December 22 -
Some community banks have entered into the booming energy market without taking the necessary precautions, making them vulnerable to a downturn in oil prices.
December 22 -
Regulators on Friday closed Northern Star Bank in Mankato, Minn., the 18th institution to fail this year.
December 19 - New York
Empire Bancorp in Islandia, N.Y., has raised $20 million in a private placement.
December 19 -
Federal bank regulators increased the asset-size thresholds for the definition of a "small bank" and "intermediate small bank" for certain bank exams on Friday.
December 19 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
December 19 -
Oil at $50 per barrel will almost definitely create problems for banks in oil-producing regions as well as Wall Street financial institutions that finance the sector. Analysts already forecast the price of crude will fall that low the only other question is how long it might last.
December 19 -
Simmons First National in Pine Bluff, Ark., has extended the termination date for its purchases of two banks due to delays securing regulatory approval.
December 19 - New York
The layoffs will take place across the $38 billion-asset bank's four-state service area in New York, Pennsylvania, Massachusetts and Connecticut, a spokesman for the bank confirmed.
December 19 - Louisiana
First Guaranty Bancshares in Hammond, La., has postponed its initial public offering, citing "unfavorable market conditions."
December 19 -
Sentry Bank in St. Joseph, Minn., has lined up its next president and chief executive.
December 19 -
A year ago we asked BankThink contributors to make bold predictions about how the financial industry would evolve in 2014. Here's a look back at their forecasts and the actual outcomes.
December 19 - Montana
Disciplined pursuit of acquisitions and efficient management of a complex business model have earned Mick Blodnick, the retiring CEO of Montana's largest bank, a spot as one of American Banker's three community bankers of the year.
December 18 - Alaska
Northrim Bancorp in Anchorage, Alaska, has promoted Joe Beedle to president and chief executive.
December 18 -
The former Astoria chief, who died Sunday, took Astoria from a sleepy mutual to the fifth-biggest publicly traded thrift in New York. Engelke was also know for freely speaking his mind while maintaining strong relationships with fellow bankers.
December 18 - Oklahoma
Citizens Security Bank in Bixby, Okla., will change its name in March to Mabrey Bank, taking on the last name of the family that owns and manages the bank.
December 18 -
WASHINGTON The Federal Deposit Insurance Corp. is keeping up the drumbeat on the importance of managing interest rate risk.
December 18 - Virginia
The $1.3 billion-asset company said in a press release that Thomas Cherry will succeed Larry Dillon, who will remain chairman and chief executive. The company added that Cherry is expected to eventually succeed Dillon as CEO.
December 18 - California
Tri-Valley Bank in San Ramon, Calif., plans to raise $2.5 million through a private placement of common stock.
December 18 - Pennsylvania
The $6.5 billion-asset bank said in a press release Thursday that it plans to transfer its common stock and senior notes to the NYSE from the Nasdaq.
December 18




