Community banking
Community banking
- Illinois
GreenChoice Bank in Chicago is the fourteenth failure this year. An investment group seeking to establish an environmentally friendly bank saved the thrift from collapse four years ago, but it fell on hard times again.
July 25 -
Prosperity Bancshares in Houston reported record profits in the second quarter as two recent acquisitions substantially boosted interest and fee income.
July 25 -
Community banks need to rethink their technology and marketing to ensure they are snagging a piece of the millennial generation. Big banks have the lead in reaching this demographic, but they are vulnerable, experts said.
July 25 -
Investors Bancorp in Short Hills, N.J., reported a steep drop in second-quarter profits from last year, as operating expenses far outpaced returns from loans and other business lines.
July 25 -
Traditionally, August can be a wasteland for banking policy wonks as Congress takes a summer recess. But here's why next month could actually be an eventful one.
July 25 -
TCF Financial (TCB) in Wayzata, Minn., reported a significant increase in second-quarter earnings as a surge in automobile lending and improved asset quality offset a decline in fees from deposit accounts.
July 25 -
Airbnbs recent rebranding featured personal narratives from employees and customers as well as stories that emphasized the companys local roots. Banks can apply these lessons to their own marketing and product development, according to consultant Sam Maule.
July 25 -
The $9.8 billion-asset MB Financial received approval from the Office of the Comptroller of the Currency on Thursday to acquire Taylor Capital in Rosemont, Ill.
July 25 -
First Niagara Financial Group in Buffalo, N.Y., reported higher quarterly profit after increased commercial and auto lending offset an rise in spending and a decline in fee income.
July 25 - Mississippi
Hancock Holding in Gulfport, Miss., reported lower quarterly earnings, primarily because of lower returns from its loan portfolio.
July 24 - Pennsylvania
Customers Bancorp in Wyomissing, Pa., turned strong loan and deposit growth into higher profits last quarter.
July 24 - Oregon
Banner in Walla Walla, Wash., reported a big increase in second-quarter earnings thanks to its recent branch acquisitions in Oregon.
July 24 -
City National in Los Angeles reported a sharp rise in profits in the second quarter, fueled by loan growth and an increase in fee revenue.
July 24 - Louisiana
Iberiabank's quarterly profits jumped due to growth in the Lafayette, La., company's loan portfolio.
July 24 -
BankUnited in Miami Lakes, Fla., reported lower quarterly profit because of rising noninterest expenses and a higher loan-loss provision.
July 24 - Maryland
Community Bank of the Chesapeake in Waldorf, Md., has a new chief executive.
July 24 -
A number of community banks reported higher loan-loss provisions during the second quarter despite improved credit quality. For some, the burgeoning trend could be yet another sign that the industry is getting back on track.
July 24 - Massachusetts
Berkshire Hills in Pittsfield, Mass., reported higher quarterly earnings because of loan growth and gains from the purchase of 20 Bank of America branches.
July 24 -
Susquehanna Bancshares in Lititz, Pa., reported a profit of $43.5 million in the second quarter, down 5% from a year ago, as mortgage and capital markets revenues fell sharply.
July 24 - Texas
Texas Capital Bancshares in Dallas reported higher quarterly profit, fueled by an increase in the size and quality of its loan portfolio.
July 24




