Community banking
Community banking
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New York Gov. Andrew Cuomo has approved several new rules for debt collectors, including an extended period for consumers to dispute a collection attempt.
December 3 -
In at least three recent instances, trust-preferred investors have filed lawsuits against lenders who either bought or sold banks in transactions designed to bypass such debtholders.
December 3 -
The Oregon bank continues to draw consumers in unexpected ways. Its traveling digital art show, called Exhibit: Growth," underscores how financial institutions are rethinking the ways they advertise their services.
December 3 - Massachusetts
Depositors at Reading Co-operative in Reading, Mass., approved a plan to make it more difficult for the thrift to convert to a public stock company.
December 3 - Delaware
James Ladio, a former chief executive of MidCoast Community Bank in Wilmington, Del., was sentenced to two years in prison for his role in a fraudulent loan scheme.
December 3 -
Recent technological advancements are forcing banks to change the way they do business while staying true to the customer relationships that determine their success.
December 3 -
Target Corp. (TGT) must defend itself against claims that its failure to shield computer systems allowed hackers to steal the account data of millions of shoppers, forcing banks to reimburse fraudulent charges and issue new credit and debit cards.
December 3 -
The comptroller of the currency said regulators will act before the end of a mandated review of potentially outdated rules "when a solid case has been made for reform."
December 2 -
Beneficial Mutual Bancorp has completed the stock-sale portion of its conversion to a wholly stock-owned company, raising between $468 million and $550 million.
December 2 -
The company spent several years cutting costs and exiting troublesome business to stay afloat. This year, however, management has been focused on upgrading branches and offering a small, unsecured loans to lure younger borrowers.
December 2 - Iowa
Hills Bancorp. in Hills, Iowa, expects to record a nearly $2 million impairment charge in the fourth quarter.
December 2 -
Initiatives meant to increase access to credit have rekindled the debate over whether housing counseling is the best and most cost-effective way for preparing consumers to become mortgage borrowers.
December 2 -
WASHINGTON Federal regulators on Tuesday released the latest guidebook for examiners to use in assessing banks' anti-money-laundering programs.
December 2 - Delaware
The Bancorp in Wilmington, Del., will have a new chief executive next year.
December 2 - Washington
Seacoast Commerce Bank in San Diego has created a new holding company.
December 2 - Pennsylvania
Customers Bancorp in Wyomissing, Pa., has increased its earnings estimates for 2014 and 2015 based on changes in its technology strategy.
December 2 -
Mandatory retirement ages and term limits can backfire by forcing out board members with badly needed skills. It's better for boards to take the necessary, though socially uncomfortable, step of convincing underperforming directors to leave.
December 2 -
The investment banking firm Sterne Agee & Leach recently studied 16 bank mergers that involve sellers with market capitalizations of $100 million to $5 billion. The sellers share a number of characteristics in common. Here are seven important ones.
December 2 -
Stilwell Group has terminated a standstill agreement reached with Malvern Bancorp in Paoli, Pa., saying it was no longer necessary after meeting with Malvern's new CEO, Anthony Weagley.
December 1 -
A recent report from Sterne Agee included a list of banks with similar traits to sellers in pending deals. Such traits, including aging CEOs and substandard returns, could portend future sellers.
December 1





