Community banking
Community banking
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Keeping down health care expenses by encouraging employees to live healthier lifestyles is a goal for many companies these days. Here are some of the interesting strategies that the Best Banks to Work For are using from exercise bonuses to walking meetings.
October 26 -
Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.
October 24 - New York
The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.
October 24 -
PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.
October 24 -
A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.
October 24 -
John Allison, the former chief executive of BB&T, has written another book, this time offering his free-market prescription for producing better leaders in America.
October 24 -
TCF Financial in Wayzata, Minn., reported higher third-quarter earnings, due to strong performance in the bank's auto lending portfolio.
October 24 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
October 24 -
The mid-term elections next month are on track to be one of the most expensive contests to date, and the financial services industry remains a top political donor.
October 24 - Connecticut
The $2.4 billion-asset company's earnings tripled from a year earlier, to $2.5 million in the third quarter. Earnings were up 14.4% from the second quarter.
October 24 - New York
Tompkins Financial in Ithaca, N.Y., reported slightly lower quarterly earnings due to higher costs and lower fee-based revenue.
October 24 -
Save State Street Corp. (STT), the third-largest custody bank, reported third-quarter earnings that beat analysts' estimates as fees for managing and overseeing client assets increased.
October 24 - Missouri
Enterprise Financial Services in St. Louis reported lower quarterly earnings on a narrower net interest margin.
October 24 -
First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.
October 24 - North Carolina
Square 1 Financial in Durham, N.C., followed a simple formula in the third quarter: loan growth equals higher profits.
October 24 -
Sierra Bancorp in Porterville, Calif., has tapped an insider to succeed its retiring chief executive.
October 24 - Florida
FCB Financial Holdings, in Weston, Florida, reported a $3.4 million loss in the third quarter that relected costs tied to its initial public offering.
October 24 - Pennsylvania
Earnings at National Penn Bancshares in Allentown, Pa., rose slightly in the third quarter as the company expanded its loan portfolio and and lowered expenses.
October 24 - Minnesota
Hancock Holding in Gulfport, Miss., reported a sharp rise in third-quarter profit, reflecting efforts to cut costs.
October 24 -
First Niagara Financial Group in Buffalo, N.Y., reported a massive quarterly loss that had a number of large writedowns.
October 24



