Community banking
Community banking
- 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 -
A new report from the Office of the Comptroller of the Currency finds potential industry threats from interest rate volatility, looser underwriting and other areas.
December 17 -
Meta Financial Group in Sioux Falls, S.D., has filed to raise up to $26 million by selling common stock.
December 17 -
Small banks and credit unions are looking to a lab hosted by NCR's Digital Insight to try out new tech like biometrics and beacons in an effort to keep up with their larger competitors.
December 17 - Massachusetts
South Shore Bank in South Weymouth, Mass., has lined up its next president and chief executive.
December 17 -
Where there's a will, there's a way for Chris Bauer, who guided Anchor through bankruptcy as a means of recapitalizing the once-struggling Wisconsin company. The turnaround was punctuated with the company's October IPO.
December 16 - New York
George Engelke Jr., former chairman, president, and chief executive of the Astoria Financial in Lake Success, N.Y., has died.
December 16 -
Integrity Bancshares in Camp Hill, Pa., first approached S&T Bancorp about an $8 million loan before eventually agreeing to sell itself to the Indiana, Pa., company.
December 16 -
The Defense Department's decision to bar service members from using the military's discretionary allotment system will reduce Farmers Capital's annual process revenue by nearly $1.5 million.
December 16 - South Carolina
The $1 billion-asset company said in a regulatory filing Tuesday that it repurchased its remaining shares of preferred stock issued to the Treasury Department during the financial crisis.
December 16 -
Farmers Capital Bank in Frankfort, Ky., said a change in the rules governing allotments by active-duty service members will shave more than $800,000 off its bottom line next year.
December 16 -
Northwest Bancshares in Warren, Pa., has agreed to buy LNB Bancorp in Lorain, Ohio.
December 16 -
The $16.3 billion-asset UMB will pay $182.5 million in stock for the Marquette, which is owned by the Pohlad family. The acquisition, which values Marquette at 160% of its tangible book value, is expected to close in mid-2015.
December 15 -
A controversial plan to reform the bankruptcy code would shift the balance of power between debtors and creditors, resulting in extensive but difficult to forecast changes to the banking industry.
December 15 -
Bridge Bancorp in Bridgehampton, N.Y., has agreed to buy Community National Bank in Melville, N.Y.
December 15 -
Trevor Burgess, CEO of C1 Financial, brings an investment banker's irreverence to the normally decorous business of community banking. But he's produced a record that backs up his brash talk.
December 14 - Iowa
The $5.9 billion-asset company said in a press release Friday that it has offered the subordinated notes in a private placement to unnamed institutional investors.
December 12 - Puerto Rico
Doral Financial in San Juan, Puerto Rico, has resubmitted its capital restoration plan to the Federal Deposit Insurance Corp. after the agency determined that the initial plan was insufficient.
December 12 -
Some banks offer better mobile apps than others, although there is time to recover because most consumers are not quite ready to switch banks yet based on app quality.
December 12 -
The Mississippi company is hopeful examiners will recognize progress made on Bank Secrecy Act compliance, including a much bigger staff and enhanced systems. If all goes well, BancorpSouth could have a consent order lifted, paving the way for it to refile applications for two acquisitions it hopes to complete next year.
December 12




