Community banking
Community banking
-
The U.S. Postal Service's inspector general said Friday that it is seeking proposals from outside groups about possible postal banking services.
November 7 -
Banks on opposite coasts Sterling Bancorp in New York and Banner in Washington are joining the list of institutions teetering on the $10 billion-asset threshold where a slew of new regulation kicks in. The banks' CEOs said they were finally able to peg the expected costs of reaching that size.
November 7 - Texas
Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.
November 7 -
Hanmi Financial in Los Angeles reported higher quarterly earnings as organic loan growth and an acquisition offset significant margin pressure.
November 7 -
Disaffected big bank customers are looking for a reason to switch. Community banks and credit unions should take advantage of this opportunity with a collective ad campaign that positions their institutions as friendly, helpful and morally upright alternatives to major lenders.
November 7 -
Fidelity Southern in Atlanta has agreed to buy deposits and loans from Florida Capital Bank.
November 6 -
Wells Fargo and Live Oak Bank were the top lenders in the Small Business Administration's 7(a) loan program, helping lead the agency program to its most successful fiscal year.
November 6 -
Banks are not closing branches fast enough to keep up with the exodus to online banking. The percentage of branches with low transaction volume is on the rise, according to a new study. Bankers say they are on the case, but there are obstacles to simply hanging a "closed" sign on the front door.
November 6 -
It has been three months since Bankwell Financial's CEO left abruptly. Some observers say it might make sense for Bankwell and others in a similar spot to consider selling while no change-of-control payout is involved.
November 6 -
Beneficial Bancorp in Philadelphia could raise as much as $633 million through its second-step conversion.
November 6 -
Lack of diversity in the sales force is one of several nagging issues underlying mortgage lenders' concerns about tepid home sales.
November 6 -
Opus Bank in Irvine, Calif., has signed a lease to open its first banking office in Oregon.
November 6 -
Most customers who go into bank branches aren't in the mood to entertain a forceful sales pitch. But if they're pleased with the service they receive, they'll be a lot more willing to learn more about a bank's additional offerings.
November 6 - Puerto Rico
A court in Puerto Rico court has affirmed its decision that Doral Financial is entitled to a $230 million tax refund from the territory's Treasury Department.
November 6 -
The Massachusetts Division of Banks plans to hold a public hearing today on proposed changes to state lending regulations.
November 6 -
Glacier Bancorp in Kalispell, Mont., has agreed to buy Montana Community Banks Inc. in Ronan, Mont.
November 5 -
Late Wednesday, Banner Corp. in Walla Walla, Wash., announced it would acquire AmericanWest Bank in a $702 million stock-and-cash deal.
November 5 -
Clashes between directors and management are becoming routine at Cardinal Bankshares in Virginia, which recently forced out its CEO for the second time in two years.
November 5 -
WASHINGTON Credit unions were generally pleased with Tuesday's election results that gave Republicans control of Congress, but acknowledged they suffered a blow from the loss of one of their most vocal advocates, Sen. Mark Udall.
November 5 -
Bank regulators will hold a series of outreach meetings with bankers starting Dec. 2 to hear regulatory relief ideas as part of a process required by federal law.
November 5



