Community banking
Community banking
- Pennsylvania
AmeriServ Financial in Johnstown, Pa., will take several charges in coming quarters, including one tied to litigation and client loss in its investment advisory business.
September 25 -
New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.
September 25 -
The private equity firm of Texas billionaire Gerald J. Ford, is planning a tender offer for up to 65% of Mechanics Bank in Walnut Creek, Calif. If completed, the deal would be the first deployment of the $755 million that Ford's fund raised last year.
September 25 -
Fitch Ratings has affirmed its outlook for six community banks based on their stable and improving performance.
September 25 -
How banks are using online and classroom courses to teach young commercial lenders to stay on top of regulatory and market changes.
September 25 - New Jersey
Highlands Bancorp in Vernon, N.J., has lined up its next chief executive.
September 25 -
WASHINGTON The Federal Home Loan banks of Seattle and Des Moines announced Thursday that their boards have unanimously approved a definitive agreement to merge.
September 25 -
First Citizens BancShares in Raleigh, N.C., will add three directors after it completes its acquisition of First Citizens Bancorp. in Columbia, S.C.
September 24 -
Nearly 40% of community banks have no plans to introduce new products and services in the next three years, according to a recent survey from the Federal Reserve and Conference of Bank Supervisors. Technology also remains a daunting challenge, along with regulatory changes and other business challenges.
September 24 -
The banking industry needs women to polish its tarnished image, insists Jill Castilla, the CEO at Citizens Bank of Edmond (Okla.).
September 24 -
While community bankers admit they are worried about Wal-Mart's latest move in financial services, the fact is that they have been successfully fending off disruption in financial services for years.
September 24 -
Sunflower Financial is adding loans and growing in Denver. First Western Financial has tepid loan growth, but its prowess in private banking is enviable. Casual talks between their CEOs led them to the realization they could build on each others strengths.
September 24 -
Urban Partnership Bank in Chicago has lured a former Citibank executive out of retirement to lead its consumer banking operations.
September 24 -
First Connecticut Bancorp in Farmington is expanding into Massachusetts.
September 24 - North Carolina
NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.
September 24 - Hawaii
Hawaii National Bancshares in Honolulu is planning to buy out the holdings of its minority shareholders.
September 24 - North Carolina
A pair of banking companies announced plans to consolidate their community bank brands.
September 24 -
Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.
September 23 -
The $578 million-asset company said in a press release Tuesday that it had hired Anthony Weagley as its president and CEO. He will have the same roles at Malverns bank.
September 23 -
Sunflower Financial in Salina, Kan., is poised to strengthen its presence in Denver.
September 23



