Community banking
Community banking
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Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.
November 3 - South Carolina
A federal judge has dismissed a lawsuit by the founders of CertusBank that claimed they were fired as part of a racist conspiracy at the Columbia, S.C., company.
November 3 -
Chemical Financial in Midland, Mich., has agreed to buy Monarch Community Bancorp in Coldwater, Mich.
November 3 -
MVB Financial and CFG Community Bank have terminated their purchase-and-assumption agreement, a year after announcing the deal.
October 31 -
Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.
October 31 -
The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.
October 31 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
October 31 - Ohio
Wayne Savings Bancshares in Wooster, Ohio, appointed H. Stewart Fitz Gibbon III as president and chief executive of the company and its banking unit.
October 31 - Illinois
MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.
October 31 - South Carolina
The $1.5 billion-asset bank lost $15 million in the third quarter, its twelfth straight quarterly loss, according to a Federal Deposit Insurance Corp. call report made public Friday.
October 31 - New Jersey
Investors Bancorp in Short Hills, N.J., reported higher third-quarter earnings, fueled by strong loan growth.
October 31 -
First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.
October 31 -
Megabanks continue to increase their share of personal trust and fiduciary assets, leaving most small banks on the margins of the business. But community banks could stage a comeback by focusing on quality service and the slightly less-rich.
October 31 -
The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.
October 31 -
New York Private Bank scored a victory this week when it lured two entertainment industry lenders away from Comerica Bank to head up its new film finance division. But the small, New York-based bank is also entering a fiercely competitive field. Here are some of the major players it will be up against.
October 30 -
Green Dot announced Thursday that its revenue and net income rose in the third quarter as the firm found ways to earn more money from its base of 4.6 million active prepaid cards.
October 30 -
Profits at United Bankshares soared in the third quarter thanks largely to a recent acquisition, but credit quality weakened slightly as several commercial borrowers struggled to repay their loans.
October 30 -
Embattled nonbank servicer Ocwen took a $100 million charge for a potential settlement of foreclosure violations and posted a third-quarter loss, but warned the final cost to settle allegations that it backdated foreclosure notices could be higher.
October 30 -
First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.
October 30 - WIB PH
If we hope to achieve pay equality and see more women in leadership positions, women need to ask for what they believe they deserve, and companies must change ingrained attitudes toward those who do so.
October 30



