Community banking
Community banking
- New York
City National Bank of New Jersey has agreed to sell deposits and loans associated with a branch on New York's Long Island to Bethpage Federal Credit Union.
September 11 -
Private-equity firms, as investor-driven organizations, have an obligation to consider cashing out when top-performing bank stocks are doing well, according to James Lockhart, vice chairman and W.L. Ross & Co.
September 11 -
The American Association of Bank Directors recently hired policy veteran Rich Whiting as executive director, and he immediately helped weigh in on some new OCC standards that concerned the trade group.
September 11 -
Ben Franklin Financial in Arlington Heights, Ill., is the latest mutual to announce plans for a second-step conversions.
September 11 -
The head of the Independent Community Bankers of America says the government has gone too far demanding banks act like law enforcement.
September 11 -
Interest in a market for buying and selling nonguaranteed portions of SBA loans is slowly taking shape as a need for earning assets outweighs concerns over risk and underwriting costs.
September 11 -
Microbranches have their merits but banks should be aware that changes in technology and customer preferences could render them obsolete.
September 11 -
Brookline Bancorp in Boston plans to raise $75 million by issuing debt.
September 11 -
If anybody deserves to tell a "Gee, my arms are tired" joke, it's Bob Barnes of Mainstreet Community Bank of Florida, who spent the month of August doing push-ups to raise money for a community group that provides food and shelter for people in need.
September 11 -
First Citizens Banc in Sandusky, Ohio, has agreed to buy TCNB Financial in Dayton, Ohio.
September 11 - Rhode Island
Citizens Financial Group in Providence, R.I., is expanding its banking unit that focuses on the technology sector.
September 11 -
Cape Bancorp in Cape May Courthouse, N.J., has agreed to buy Colonial Financial Services in Vineland, N.J.
September 11 - North Carolina
NewDominion Bank in Charlotte, N.C., said Wednesday that its chief executive, C. John Hipp, plans to retire by the end of the year. He will be succeeded by Blaine Jackson, the bank's chief financial officer.
September 10 -
Interest rate risk. Demanding regulatory and GSE standards. Shifting demographics. These are among the reasons that lenders will have a hard time balancing the call for affordable home loans with legal and market realities.
September 10 -
More millennials could become homeowners if banks educate them about private student loan refinancing options and programs that can help them obtain affordable mortgages.
September 10 - Wisconsin
First Business Financial Services in Madison, Wis., has appointed David Papritz as chief financial officer and senior vice president of corporate development.
September 10 - Pennsylvania
The Federal Reserve Boardhashit Fulton Financial in Lancaster, Pa., and its subsidiary Lafayette Ambassador Bank in Bethlehem, with a cease-and-desist order.
September 10 -
Poage Bankshares in Ashland, Ky., has agreed to acquire Commonwealth Bank in Mount Sterling, Ky.
September 10 -
As bankers anticipate a rise in interest rates, they're looking for ways to attract and hold on to depositors. Many institutions are simply offering cash, but others are making more creative pitches. Here's a look at some of the unconventional methods banks are using to lure deposits.
September 10 -
Richard Vague, who ran credit card companies and sold them to large banks, argues in a new book that stricter capital requirements in developed countries could curb excessive consumer and commercial lending and prevent future crises.
September 9





