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The $94 billion-asset company said in a press release Monday that it had hired Terry Jenkins as president of Key Private Bank. He is succeeding Tim Swanson, who will remain KeyCorp's chief investment officer.
February 9 -
Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.
February 9 -
Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.
February 9 -
Delanco Bancorp in New Jersey began trading on Friday on the OTC Markets Group platform.
February 6 -
Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.
February 6 -
A long decline in loan-loss reserves hit a wall in the fourth quarter, as loan growth forced companies to set more cash aside than in recent quarters. An end to reserve releases, combined with higher costs and lower margins, are putting pressure on bankers to boost revenue.
February 5
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Beneficial Bancorp in Philadelphia reported higher quarterly profit due to improving asset quality.
February 5 -
JPMorgan Chase has launched a multiyear examination of its philanthropic division, providing $10 million to the Urban Institute to study the impact of its charitable initiatives.
February 5 -
Cheviot Financial in Cincinnati will soon have a new chief executive.
February 4 -
Premara Financial in Charlotte, N.C., has a new chief executive.
February 3 -
TowneBank in Hampton Roads, Va., reported a lower quarterly profit due to higher costs tied to its recent acquisitions.
February 3 -
Bank managers can motivate their teams to make sales without forcing them to pounce on customers the moment they walk in the door.
February 3
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Opinions vary throughout industry on the value of returning bonus dividends to members.
February 3 -
Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.
February 2 -
U.S. Bancorp on Monday named its annual "Dynamic Dozen" list, a select group of young employees chosen to provide the $387 billion-asset company with guidance on digital banking.
February 2 -
Peoples Community National Bank in Bremen, Ga., has changed its name and logo.
February 2 -
Terry Robinson, a longtime California banker, died on Jan. 11, three days before his Manhattan Bancorp announced a proposed merger with Plaza Bancorp. Manhattan, which is operating under an OCC order, did not publicly disclose Robinson's death, or his Dec. 31 retirement, even though he played an integral role negotiating the merger.
February 2
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Investors Bancorp in Short Hills, N.J., reported higher quarterly income thanks to a combination of acquisitions and organic growth.
February 2 -
Puppy Bowl fans, keep your TVs turned to Animal Planet on Sunday. FirstBank's new ad campaign was made with you in mind sort of.
January 30 -
Altura Credit Union on Friday reported $11.6 million in net income for 2014 - its 15th consecutive quarter of positive earnings and fourth straight year of "solid" financial performance.
January 30
