Community banking
Community banking
- Alabama
The American Bankers Association has added 12 banks to community banks indexed and listed with the Nasdaq stock exchange.
December 1 -
BNC Bancorp in High Point, N.C., and CU Bancorp in Encino, Calif., have completed two previously announced acquisitions.
December 1 -
The Freedom Bank of Virginia has extended the deadline for its $4 million stock offering in response to investors' requests for more time.
November 26 -
National Bank Holdings in Greenwood Village, Colo., has announced the retirement of director Lawrence Fish.
November 26 -
Summit Community Bank in Moorefield, W.Va., said Wednesday that it has shed an enforcement action and completed the first portion of its private placement with Castle Creek Capital Partners.
November 26 -
The growing influence of two directors known for seeking big changes at other banks has raised questions about whether Naugatuck Valley Financial in Connecticut may be put up for sale.
November 26 -
Webster Financial in Waterbury, Conn., has received regulatory approval to acquire the health savings account business of JPMorgan Chase.
November 26 -
First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.
November 26 -
Two community banks recently were permitted to transfer cash to their holding companies. It could be a sign that regulators are changing their attitudes toward such payments now that banks have healthier capital levels.
November 25 -
Bank of Bird-in-Hand in Pennsylvania has hired a president and chief executive.
November 25 -
Liberty Bell Bank in Marlton, N.J., has appointed a new chief executive as it continues to work through credit issues.
November 25 -
FDIC third quarter report shows pop in loan buybacks and indemnifications.
November 25 -
University Bancorp in Ann Arbor, Mich., agreed to acquire the 20% stake in Midwest Loan Services that it doesn't already own for about $3.1 million in stock, cash and other considerations.
November 25 -
Banks and thrifts earned $38.7 billion in the third quarter, a 7.3% increase from a year earlier but slightly down from the $40.1 billion earned in the second quarter, the Federal Deposit Insurance Corp. said Tuesday.
November 25 -
Millennials frequent independent coffee shops and farmers markets, so it stands to reason they'll see the appeal in community banks. Meanwhile, smaller lenders can court young people by appealing to their entrepreneurial spirit.
November 25 -
Growing income inequality is said to be a major reason most consumers plan to spend the same or less than last year on holiday shopping, and it could hurt bank and credit union revenues in the fourth quarter and present them other long-term challenges.
November 24 -
In Bangladesh, the microfinance pioneer operates as profitable bank. But the U.S. arm, which lacks a banking license, is pursuing a different strategy.
November 24 - Washington
Anchor Bank in Lacey, Wash., has been released from a state regulatory order.
November 24 -
With new bank chartering at a standstill, the Federal Deposit Insurance Corp. has issued new guidance on de novo capital requirements and other issues in part to "demystify the application process."
November 24 -
Before the CFPB imposes new rules on overdraft fees, it should consider whether restricting consumer access to this feature could drive people to more expensive alternatives like payday loans.
November 24


