Community banking
Community banking
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Steven Sugarman, chief executive at Banc of California, recently completed a large branch acquisition after a public battle with an advocacy group. In a recent interview, he discussed that process as well as the bank's busy year both the good and the bad.
November 18 - Ohio
First Financial Bancorp in Cincinnati has shuffled its C-Suite and appointed a new president.
November 18 - Washington
First Financial Northwest in Renton, Wash., has gotten regulatory approval to receive a $70 million dividend from its bank unit.
November 18 -
Carver Bancorp in New York said Deborah Wright will retire as chief executive at the end of the year. The company's current president will succeed her.
November 17 -
In-store branches are a good example of the quandaries in retail banking. BOK Financial calls them outdated and has decided to ditch them, but Huntington and Fifth Third say they are high-volume sources of new accounts.
November 17 -
John Hairston, set to become the Mississippi company's sole CEO, said Carl Chaney was not forced out as co-CEO. Still, he said the departure allows Hancock to streamline operations and become more efficient.
November 17 -
MSB Financial Corp., a mutual thrift firm in Millington, N.J., plans to reorganize into a fully stock-owned company.
November 17 - Tennessee
First Horizon National in Memphis, Tenn., is looking to raise $400 million by issuing debt.
November 17 - California
California Republic Bancorp in Irvine, Calif., has raised $90 million through an offering of equity and debt.
November 17 -
Wells Financial in Wells, Minn., has agreed to buy St. James Federal Savings and Loan Association in St. James, Minn.
November 17 -
BNC Bancorp in High Point, N.C., has agreed to buy Valley Financial in Roanoke, Va.
November 17 -
A number of credit union and bank executives have been ignoring the National Institute of Standards and Technology's Framework for Improving Critical Infrastructure Cyber Security, waiting for the federal government to issue more definitive guidance.
November 17 -
John A. Allison writes in his new book that he feared for years that predecessors of Wachovia or Bank of America would try and force BB&T to sell itself. In this excerpt, he explains how he kept the banking giants at bay. Part 5 of 5.
November 17 -
The Connecticut company just recaptured its deferred-tax asset, which padded third-quarter earnings. Still, some observers believe Patriot National's improved health, and presence in affluent markets, could lure suitors.
November 14 -
First Niagara Financial Group Inc. climbed as much as 4.6 percent, the best performance in the KBW Bank Index, after senior managers, including Chief Executive Officer Gary Crosby, bought shares of the lender this week.
November 14 -
New York City Comptroller Scott Stringer's creative effort to give shareholders more power to nominate board candidates will be an uphill battle, but community banks are taking it seriously and larger banks may ultimately have to do so, too.
November 14 -
Nonbank acquisitions require a certain level of expertise, John Allison writes in his new book. In this excerpt, he discusses how BB&T views the insurance business and why he stuck with subprime auto finance when others bailed. Part 4 of 5.
November 14 -
John Hairston will stay in the newly combined role, while Carl Chaney plans to retire on Dec. 31. Hancock has been pressed by Wall Street in recent years to get more aggressive cutting costs after buying Whitney Bank.
November 14 -
Royal Financial in Chicago has agreed to buy PNA Bank in Chicago.
November 14 -
Bank industry representatives initially panned the concept of the Postal Service offering retail banking products. But as the government official behind the idea has made clear that he is interested in collaboration with the private sector, attitudes have begun to change.
November 13



